Finward Bancorp (FNWD) vs SB Financial Group (SBFG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
SB Financial Group (SBFG) has outperformed Finward Bancorp (FNWD) over the past year, gaining 53.4% versus a gain of 30.3%. Over five years, SBFG leads with a +68.5% price change compared with -0.7% for FNWD. SB Financial Group is the larger company by market cap ($183.6 million vs $178.3 million), about 1.0 times the size.
On valuation, SB Financial Group trades at a lower forward P/E (11.3x vs 13.2x for Finward Bancorp). SB Financial Group offers the higher dividend yield (2.11% vs 1.17%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FNWD | SBFG |
|---|---|---|
| Share price | $41.17 | $29.36 |
| Market cap | $178.30M | $183.59M |
| 1-day change | -1.13% | -0.29% |
| YTD return | +18.33% | +32.22% |
| 1-year return | +30.29% | +53.36% |
| 5-year return | -0.74% | +68.49% |
| P/E ratio (TTM) | 18.14 | 11.00 |
| Forward P/E | 13.15 | 11.29 |
| EPS (TTM) | $2.27 | $2.67 |
| Dividend yield | 1.17% | 2.11% |
| Annual dividend | $0.48 | $0.62 |
| 52-week high | $45.90 | $32.93 |
| 52-week low | $30.05 | $18.16 |
| Distance from 52-week high | -10.31% | -10.84% |
| Analyst consensus | none | none |
| Avg. price target upside | -7.70% | -1.23% |
| Average volume | 16.53K | 17.02K |
| Shares outstanding | 4.33M | 6.25M |
| Employees | 296 | 258 |
| Sector | Finance | Finance |
| Industry | Savings Institutions | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- SBFG has outperformed FNWD by 23.1 percentage points over the past year.
- Finward Bancorp trades at a higher earnings multiple (18.1x vs 11.0x trailing P/E).
About Finward Bancorp
FNWD stock →Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company's deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.
Finance · Savings Institutions · 296 employees
About SB Financial Group
SBFG stock →SB Financial Group, Inc. operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking, trust and wealth management services, and title insurance to individual and corporate customers primarily in Ohio, Indiana, and Michigan.
Finance · Major Banks · 258 employees
FNWD vs SBFG FAQ
Which is bigger, Finward Bancorp or SB Financial Group?
SB Financial Group (SBFG) is larger, with a market capitalization of $183.59M compared with $178.30M for Finward Bancorp (FNWD).
Which stock has performed better over the past year, FNWD or SBFG?
SBFG returned +53.36% over the past 12 months, compared with +30.29% for FNWD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FNWD or SBFG?
SBFG has the lower trailing P/E at 11.0, versus 18.1 for FNWD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Finward Bancorp or SB Financial Group?
SB Financial Group has the higher yield at 2.11%, compared with 1.17% for Finward Bancorp.
Are Finward Bancorp and SB Financial Group in the same industry?
Both are in the Finance sector, but in different industries: Savings Institutions for Finward Bancorp and Major Banks for SB Financial Group.