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Finward Bancorp’s (NASDAQ:FNWD) Chief Financial Officer, Benjamin Louis Schmitt, has increased his stake in the company with a recent purchase of common stock. According to a regulatory filing, Schmitt acquired 400 shares on March 11, 2025, at a price of $27.825 per share. The regional bank, currently valued at $120 million, trades at an attractive P/E ratio of 9.4x and offers a 1.72% dividend yield, having maintained dividend payments for 28 consecutive years. This transaction amounts to a total investment of approximately $11,130. Following this purchase, Schmitt’s total holdings in Finward Bancorp stand at 5,076.9137 shares. The acquisition reflects Schmitt’s ongoing confidence in the company’s prospects, with analysts setting price targets between $31-32. InvestingPro analysis suggests the stock is currently fairly valued, with additional insights and valuation metrics available to subscribers.
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