Last 47 quarters of trend data · Financial Services · Banks - Regional
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Finward Bancorp's quarterly P/E stands at 19.1x, up 33.4% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 239.2% YoY to 30.0x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 18.08 | 19.12 | 9.90 | 13.81 | 66.14 | 14.34 | 57.11 | 182.99 | 2.83 | 18.03 | 10.85 | 9.65 | 14.26 |
| — | +33.4% | -82.7% | -92.5% | +2233.6% | -20.4% | +426.4% | +1796.4% | -80.1% | +85.3% | +36.5% | +7.1% | -34.6% | |
| P/S Ratio | 1.46 | 1.52 | 1.31 | 1.17 | 1.27 | 1.15 | 1.35 | 1.06 | 0.74 | 1.09 | 0.98 | 0.95 | 1.39 |
| — | +32.1% | -2.7% | +10.3% | +70.9% | +5.7% | +38.5% | +11.4% | -46.8% | -36.4% | -43.0% | -51.3% | -42.9% | |
| P/B Ratio | 0.84 | 0.87 | 0.83 | 0.77 | 0.82 | 0.80 | 0.86 | 0.70 | 0.69 | 0.74 | 0.79 | 0.69 | 0.91 |
| — | +8.2% | -2.9% | +9.1% | +18.2% | +8.4% | +8.3% | +2.8% | -23.6% | -35.2% | -35.5% | -41.9% | -23.1% | |
| P/FCF | 19.25 | 5.33 | 32.91 | 6.60 | — | 2.86 | — | 23.44 | — | 18.46 | 4.81 | 1.81 | 8.48 |
| — | +86.1% | — | -71.9% | — | -84.5% | — | +1196.4% | — | +172.9% | -31.3% | -80.7% | — | |
| EV / EBITDA | 26.34 | 29.95 | 4.13 | 4.26 | 11.06 | 8.83 | 10.91 | 8.77 | 2.09 | 10.91 | 12.09 | 9.28 | 13.64 |
| — | +239.2% | -62.2% | -51.4% | +429.2% | -19.0% | -9.8% | -5.4% | -84.7% | -10.6% | +76.9% | +139.0% | +27.1% | |
| EV / EBIT | 26.34 | 29.95 | 5.81 | 7.54 | 39.79 | 14.65 | 68.20 | 121.64 | 2.44 | 30.61 | 23.96 | 17.47 | 19.38 |
| — | +104.5% | -91.5% | -93.8% | +1531.3% | -52.1% | +184.7% | +596.4% | -87.4% | +90.4% | +168.1% | +224.9% | +20.8% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Finward Bancorp's operating margin was 7.3% in Q4 2025, down 6.3 pp QoQ and down 2.8 pp YoY. Gross margin expanded 3.8% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.6% | 66.7% | 67.3% | 66.7% | 61.4% | 64.3% | 58.7% | 58.9% | 71.2% | 58.7% | 63.2% | 67.1% | 73.8% |
| — | +3.8% | +14.6% | +13.2% | -13.8% | +9.5% | -7.2% | -12.3% | -3.5% | -32.2% | -33.5% | -31.4% | -24.8% | |
| Operating Margin | 8.0% | 7.3% | 13.6% | 8.3% | 2.5% | 10.1% | 1.6% | 0.5% | 28.9% | 4.6% | 7.4% | 10.3% | 11.3% |
| — | -28.0% | +761.2% | +1438.5% | -91.3% | +119.4% | -78.8% | -94.7% | +156.7% | -73.8% | -69.4% | -57.6% | -11.0% | |
| Net Margin | 8.0% | 8.0% | 13.3% | 8.5% | 1.9% | 8.0% | 2.4% | 0.6% | 26.2% | 6.0% | 9.1% | 9.9% | 9.8% |
| — | -0.1% | +457.0% | +1365.6% | -92.9% | +32.0% | -73.6% | -94.2% | +165.7% | -65.3% | -57.9% | -53.9% | -12.2% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.0% | 1.2% | 2.2% | 1.4% | 0.3% | 1.4% | 0.4% | 0.1% | 6.2% | 1.1% | 1.7% | 1.8% | 1.6% |
| — | -13.7% | +456.1% | +1374.9% | -95.2% | +19.1% | -77.0% | -94.6% | +282.7% | -63.5% | -52.1% | -41.4% | +19.4% | |
| ROA | 0.4% | 0.1% | 0.2% | 0.1% | 0.0% | 0.1% | 0.0% | 0.0% | 0.4% | 0.1% | 0.1% | 0.1% | 0.1% |
| — | -4.1% | +482.5% | +1421.7% | -95.0% | +41.1% | -71.7% | -94.0% | +313.0% | -62.5% | -53.0% | -45.7% | -6.4% | |
| ROIC | 2.4% | 0.6% | 1.3% | 0.8% | 0.2% | 0.9% | 0.2% | 0.0% | 3.2% | 0.3% | 0.4% | 0.6% | 0.7% |
| — | -33.9% | +744.6% | +1518.3% | -93.6% | +168.2% | -66.1% | -92.2% | +347.4% | -74.7% | -79.2% | -71.3% | -30.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Finward Bancorp's Debt/EBITDA ratio is 46.6x, up from 9.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 674.1% YoY to 1.77x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.48 | 0.48 | 0.29 | 0.31 | 0.30 | 0.69 | 0.27 | 0.29 | 0.44 | 0.80 | 1.25 | 1.44 | 0.92 |
| — | -30.1% | +8.5% | +8.4% | -32.0% | -13.4% | -78.3% | -79.9% | -52.5% | -19.3% | +88.2% | +699.9% | +523.3% | |
| Debt / EBITDA | 10.44 | 46.59 | 9.66 | 12.90 | 20.33 | 23.73 | 17.25 | 23.13 | 5.53 | 36.44 | 41.74 | 41.14 | 35.29 |
| — | +96.3% | -44.0% | -44.2% | +267.7% | -34.9% | -58.7% | -43.8% | -84.3% | +41.9% | +258.0% | +1065.0% | +446.7% | |
| Current Ratio | 1.77 | 1.77 | 0.06 | 0.06 | 0.04 | 0.23 | 0.24 | 0.24 | 0.24 | 0.25 | 0.23 | 0.27 | 0.24 |
| — | +674.1% | -73.9% | -74.0% | -81.2% | -8.9% | +5.0% | -10.0% | -1.4% | +10.6% | +5.6% | +7.5% | -11.1% | |
| Quick Ratio | 1.77 | 1.77 | 0.06 | 0.06 | 0.04 | 0.23 | 0.24 | 0.24 | 0.24 | 0.25 | 0.23 | 0.27 | 0.24 |
| — | +674.1% | -73.9% | -74.0% | -81.2% | -8.9% | +5.0% | -10.0% | -1.4% | +10.6% | +5.6% | +7.5% | -11.1% | |
| Interest Coverage | 0.23 | 0.22 | 0.40 | 0.24 | 0.07 | 0.27 | 0.04 | 0.01 | 1.00 | 0.12 | 0.21 | 0.33 | 0.47 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Finward Bancorp's current P/E is 18.1x. The average P/E over the last 4 quarters is 27.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Finward Bancorp's current operating margin is 8.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Finward Bancorp's business trajectory between earnings reports.