Finward BancorpFNWD +1.90%59 Net Margin % is 12.82% as of Mar. 2026, which is 42% below its 10-year median of 21.98. GuruFocus rates FNWD with a GF Score™ of 59/100 and a GF Value™ of $28.27 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,527 Banks companies, Finward Bancorp ranks worse than 81.99% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Finward Bancorp's Net Income for the
three
months ended in Mar. 2026 was $2.24 Mil. Finward Bancorp's Revenue for the
three
months ended in Mar. 2026 was $17.49 Mil. Therefore, Finward Bancorp's net margin for the quarter that ended in Mar. 2026 was 12.82%.
The historical rank and industry rank for Finward Bancorp's Net Margin % or its related term are showing as below:
FNWD'
s Net Margin % Range Over the Past 10 Years
Min: 12.25 Med: 21.98 Max: 24.88
Current: 14.52
FNWD's Net Margin % is ranked worse than 81.99% of 1527
companies
in the Banks industry
Industry Median: 26.95
vs FNWD: 14.52
Finward Bancorp (NAS:FNWD) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Finward Bancorp Net Margin % Related Terms
Finward Bancorp Net Margin % Historical Data
* Premium members only.
The historical data trend for Finward Bancorp's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Finward Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Finward Bancorp Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Finward Bancorp's Net Margin % distribution charts can be found below:
* The bar in red indicates where Finward Bancorp's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Finward Bancorp (FNWD) has a Net Margin % of 12.82% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Finward Bancorp and its competitors. This is 42% below median its historical median of 21.98. Over the past decade, Finward Bancorp's Net Margin % has ranged from 12.25 to 24.88. According to the industry distribution chart, Finward Bancorp ranks #1252 out of 1527 companies in the Banks industry, placing it in the top 82%.
Is Finward Bancorp's Net Margin % too high?
Finward Bancorp's current Net Margin % of 12.82% is 42% below median its 10-year median of 21.98. Over the past 10 years, this metric has ranged from a low of 12.25 to a high of 24.88. The Banks industry median Net Margin % is 26.95. Finward Bancorp's value of 12.82% is 52.4% below this industry median. Based on the distribution chart, Finward Bancorp ranks #1252 out of 1527 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Finward Bancorp has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finward Bancorp's Net Margin % compare to RMBI and SLBK?
According to the Banks industry distribution chart, Finward Bancorp ranks #1252 out of 1527 companies for Net Margin %. This places Finward Bancorp in the lower half of its industry. The industry median Net Margin % is 26.95. Finward Bancorp's value of 12.82% is 52.4% below this benchmark. Historically, Finward Bancorp's own Net Margin % has ranged from 12.25 to 24.88 over the past decade. While the company's 10-year median is 21.98 vs. the industry median of 26.95, Finward Bancorp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.95, based on 1,527 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Finward Bancorp's current Net Margin % of 12.82% is 52.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Finward Bancorp and its competitors. For the Banks industry, the median Net Margin % is 26.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finward Bancorp's current Net Margin % is 12.82%, which is 42% below median its own 10-year median of 21.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finward Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Finward Bancorp (FNWD) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.27, compared to a current price of $34.78 — trading 23% above its estimated fair value. The current Net Margin % is 12.82%, which is 42% below median its 10-year median of 21.98 and 52.4% below the Banks industry median of 26.95. Finward Bancorp's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Finward Bancorp (FNWD), the current Net Margin % is 12.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Finward Bancorp (FNWD) Overvalued in 2026?
Based on GuruFocus' analysis, Finward Bancorp stock appears to be overvalued.
The current stock price of $34.78 is trading 23% above its estimated GF Value™ of $28.27.
GuruFocus considers Finward Bancorp to be Modestly Overvalued.
Key valuation signals for FNWD:
Net Margin %: 12.82% (42% below median its 10-year median of 21.98)
GF Value™: $28.27 vs. price of $34.78 (23% above fair value)
Industry Position: 52.4% below the Banks median (#1252 of 1527)
No single metric tells the full story. See the FNWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finward Bancorp is a bank holding company that engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Savings Account, ebanking, Wealth Management, and Insurance Services. It is engaged in the business of attracting deposits from the general public and the origination of loans, mostly upon the security of single-family residences and commercial real estate, construction loans, commercial business loans, and municipal loans. Geographically, the activities are carried out throughout the United States. The Company operates as a single reportable segment that derives its revenue mainly from the business of banking.
59GF Score
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