Is Finward Bancorp overvalued?

Finward Bancorp (FNWD) looks overvalued — trading about 35% above its fair value.

Overvalued

Price

$43.81

Fair value

$28.29

Current P/E

19.1

Normal P/E

12.4

Market cap

$189.7M

Dividend yield

1.1%

Return on equity

4.5%

Sector

Financial Services

Fair value compares FNWD's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.

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