Is Finward Bancorp overvalued?

Finward Bancorp (FNWD) looks overvalued — trading about 38% above its fair value.

Overvalued

Price

$45.28

Fair value

$28.29

Current P/E

19.8

Normal P/E

12.4

Market cap

$196.2M

Dividend yield

1.1%

Return on equity

5.7%

Sector

Financial Services

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

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