Finward Bancorp (Finward Bancorp) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is Finward Bancorp Debt-to-Equity?

Finward Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Finward Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $25.00 Mil. Finward Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $151.58 Mil. Finward Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Finward Bancorp's Debt-to-Equity or its related term are showing as below:

FNWD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.4 Max: 1.1
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Finward Bancorp was 1.10. The lowest was 0.04. And the median was 0.40.

FNWD's Debt-to-Equity is ranked better than
84% of 1394 companies
in the Banks industry
Industry Median: 0.65 vs FNWD: 0.17

Finward Bancorp Debt-to-Equity Historical Data

The historical data trend for Finward Bancorp's Debt-to-Equity 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.

* Premium members only.

Finward Bancorp Debt-to-Equity Chart

Finward Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

0.04

0.88

0.54

Finward Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.72	1.10	0.84	0.54	0.17

Competitive Comparison of Finward Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Finward Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Finward Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Finward Bancorp's Debt-to-Equity falls into.

Finward Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Finward Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	80)	/	147.345
	=	0.54

Finward Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	25)	/	151.581
	=	0.16

Finward Bancorp (NAS:FNWD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Finward Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Finward Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Finward Bancorp (Finward Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Finward Bancorp (NAS:FNWD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9204 Columbia Avenue, Munster, IN, USA, 46321

Website

https://www.ibankpeoples.com

Finward Bancorp is a bank holding company, which engages in the provision of financial services. It offers products and services related to Personal Banking, Cash Management, Saving Account, ebanking, Wealth Management, and Insurance Services. It is primarily 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 through the United States.

Executives

David A Bochnowski	director, 10 percent owner, officer: Chief Executive Officer	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Peymon Torabi	officer: Senior Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert T Lowry	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Amy Wong Han	director	1008 KILLARNEY DRIVE, DYER IN 46321
Benjamin J Bochnowski	officer: EVP	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Robert W. Youman	director	129 THATCHER AVE., RIVER FOREST IL 60305
James L Wieser	director	13304 LAKESHORE DRIVE, UNIT 202, CEDAR LAKE IN 46303
Johnson Robert E. Iii	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Todd M. Scheub	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Leane English Cerven	officer: Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Danette Garza	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Jillonda Washington	officer: Senior Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Kleek Joshua Van	officer: Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Tanya A. Leetz	officer: Executive Vice President	9204 COLUMBIA AVENUE, MUNSTER IN 46321
Donald P Fesko	director	9204 COLUMBIA AVENUE, MUNSTER IN 46321