Finward Bancorp (FNWD) vs QNB Corp. (QNBC)
A side-by-side comparison of Finward Bancorp and QNB Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — FNWD vs QNBC
growth of $100 · dividends reinvested · last 10yFNWD vs QNBC: by the numbers
- •QNBC is the larger company ($184M vs $183M market cap).
- •QNBC trades at the lower trailing earnings multiple (13.52 vs 18.52 P/E), one valuation lens rather than an overall verdict.
- •QNBC converts more revenue to profit (12.89% vs 9.65% net margin).
- •QNBC grew revenue faster over the past five years (12.78% vs 8.22% CAGR).
- •QNBC pays the higher dividend yield (3.41% vs 1.15%).
Metrics side by side
Valuation
| Metric | FNWD | QNBC |
|---|---|---|
| P/E ratio | 18.52 | 13.52 |
| Forward P/E | 15.99 | N/A |
| PEG ratio | N/A | 6.69 |
| P/S ratio | 1.80 | 1.77 |
| P/B ratio | 1.03 | 1.00 |
Profitability
| Metric | FNWD | QNBC |
|---|---|---|
| Operating margin | 10.32% | 16.48% |
| Net margin | 9.65% | 12.89% |
| ROE | 5.51% | 7.31% |
Finward Bancorp: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
QNB Corp.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | FNWD | QNBC |
|---|---|---|
| Dividend yield | 1.15% | 3.41% |
| Payout ratio | 21.05% | 45.99% |
Growth (annualized)
| Metric | FNWD | QNBC |
|---|---|---|
| Revenue CAGR (5Y) | 8.22% | 12.78% |
| EPS CAGR (5Y) | -16.97% | 2.08% |
| Total return CAGR (5Y) | 2.19% | 9.28% |
Frequently asked
- Which has the lower trailing P/E, FNWD or QNBC?
- QNBC has the lower trailing P/E: FNWD trades at 18.52 and QNBC at 13.52. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FNWD or QNBC?
- Over the past five years, QNBC grew revenue faster — FNWD at a 8.22% CAGR versus QNBC at 12.78%.
- Does FNWD or QNBC pay a bigger dividend?
- FNWD yields 1.15% and QNBC yields 3.41% based on trailing dividends and the latest price.
- Is FNWD or QNBC more profitable?
- QNBC runs the higher net margin — FNWD at 9.65% versus QNBC at 12.89%.
- How have FNWD and QNBC total returns compared?
- Over the past 10 years, FNWD delivered 5.20% and QNBC delivered 7.26% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Finward Bancorp & QNB appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.