First Northwest Bancorp (FNWB)

NASDAQ: FNWB · IEX Real-Time Price · USD
9.51
-0.12 (-1.25%)
Jul 2, 2024, 4:30 PM EDT - Market closed
-1.25%
Market Cap 89.80M
Revenue (ttm) 60.14M
Net Income (ttm) -846,000
Shares Out 9.44M
EPS (ttm) -0.09
PE Ratio n/a
Forward PE 13.87
Dividend $0.28 (2.94%)
Ex-Dividend Date May 9, 2024
Volume 7,111
Open 9.62
Previous Close 9.63
Day's Range 9.51 - 9.63
52-Week Range 8.91 - 16.12
Beta 0.89
Analysts Hold
Price Target 12.50 (+31.44%)
Earnings Date Jul 25, 2024

About FNWB

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit. It also originates one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and commercial business lo... [Read more]

Sector Financials
IPO Date Jan 30, 2015
Employees 270
Stock Exchange NASDAQ
Ticker Symbol FNWB
Full Company Profile

Financial Performance

In 2023, FNWB's revenue was $64.13 million, a decrease of -18.47% compared to the previous year's $78.66 million. Earnings were $2.29 million, a decrease of -85.39%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for FNWB stock is "Hold." The 12-month stock price forecast is $12.5, which is an increase of 31.44% from the latest price.

Price Target
$12.5
(31.44% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Kyle Henderson Promoted to Chief Credit Officer of First Fed Bank

PORT ANGELES, Wash., July 01, 2024 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Kyle Henderson has been promoted to Chief ...

1 day ago - GlobeNewsWire

First Northwest Bancorp Reports First Quarter 2024 Financial Results

PORT ANGELES, Wash., April 25, 2024 (GLOBE NEWSWIRE) -- "The company returned to profitability in Q1 2024 following the first step of our balance sheet restructure in the fourth quarter of 2023," said...

2 months ago - GlobeNewsWire

First Fed Fortifies Executive Organization

PORT ANGELES, Wash., April 08, 2024 (GLOBE NEWSWIRE) -- First Fed Bank has announced two new executive roles to foster a sharpened focus on digital and strategic initiatives.

3 months ago - GlobeNewsWire

Sean Brennan Appointed to First Fed Board

PORT ANGELES, Wash., March 27, 2024 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), announced today that Sean Brennan has been appointed to the Board of Direc...

3 months ago - GlobeNewsWire

First Northwest Bancorp Reports Fourth Quarter 2023 Results of Operations

PORT ANGELES, Wash., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results: "2023 was the most challenging year for many banks since the great recession...

5 months ago - GlobeNewsWire

Sherilyn Anderson Elected as First Fed Board Vice Chair

PORT ANGELES, Wash., Dec. 11, 2023 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Sherilyn Anderson has been elected as to B...

7 months ago - GlobeNewsWire

KBRA Comments on First Northwest Bancorp

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA comments on the recent FDIC consent order (placed on November 21, 2023) against Port Angeles, Washington-based First Fed Bank ("the bank"), the pr...

7 months ago - Business Wire

First Northwest Bancorp Reports Third Quarter 2023 Earnings

PORT ANGELES, Wash., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results:

8 months ago - GlobeNewsWire

Geri Bullard Promoted to COO of First Fed

First Fed Bank has announced the promotion of Geri Bullard to Chief Operating Officer leading the deposit operations, loan operations, and reporting teams.

9 months ago - GlobeNewsWire

First Northwest Bancorp Reports Second Quarter 2023 Earnings

PORT ANGELES, Wash., July 27, 2023 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results: "We grew deposits this quarter and are cautiously optimistic that funding co...

1 year ago - GlobeNewsWire

First Northwest Bancorp Reports First Quarter 2023 Earnings

PORT ANGELES, Wash., April 26, 2023 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results:

1 year ago - GlobeNewsWire

First Northwest Bancorp Reports Fourth Quarter 2022 Earnings

PORT ANGELES, Wash., Jan. 26, 2023 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)

1 year ago - GlobeNewsWire

Lynn Terwoerds Appointed to First Fed Board

PORT ANGELES, Wash., Jan. 25, 2023 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), announced today that Lynn Terwoerds has been appointed to the Board of Dire...

1 year ago - GlobeNewsWire

First Fed Sets Date for Centennial Celebration

PORT ANGELES, Wash., Oct. 28, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), has scheduled its Centennial Celebration for September 3, 2023. The free co...

1 year ago - GlobeNewsWire

First Northwest Bancorp Reports Third Quarter 2022 Net Income of $4.3 Million

PORT ANGELES, Wash., Oct. 26, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)

1 year ago - GlobeNewsWire

Ana Liza Grandner Joins First Fed as Chief Payments Officer

PORT ANGELES, Wash., Oct. 17, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), today announced that Ana Liza Grandner has joined the leadership team as Se...

1 year ago - GlobeNewsWire

First Fed Announces Workforce Reduction

PORT ANGELES, Wash., Sept. 22, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced it has reduced its workforce by approximately 5% through position ...

1 year ago - GlobeNewsWire

FNWB Partners with Torpago, Spend Management Fintech

PORT ANGELES, Wash., Aug. 09, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (FNWB) announced a strategic fintech partnership with Torpago, a rapidly growing corporate card and spend management plat...

2 years ago - GlobeNewsWire

First Northwest Bancorp Reports Second Quarter 2022 Financial Results

PORT ANGELES, Wash., July 27, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)

2 years ago - GlobeNewsWire

First Fed Invests in Strategic Partnership with Meriwether Group

PORT ANGELES, Wash., July 07, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (FNWB), parent company of First Fed Bank, announced a strategic investment in Meriwether Group, a firm providing accelera...

2 years ago - GlobeNewsWire

Cindy Hill-Finnie Promoted to First Fed Board Chair

PORT ANGELES, Wash., June 09, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Cindy Hill-Finnie has been promoted from V...

2 years ago - GlobeNewsWire

PSBJ Recognizes First Fed for Workplace Culture and Growth

PORT ANGELES, Wash., June 07, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), has been recognized as a Top 100 Best Workplace in Washington by Puget Sound Busine...

2 years ago - GlobeNewsWire

First Fed Gives $2M to Field Hall to Support Economic Development in Downtown Port Angeles

PORT ANGELES, Wash., May 02, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $2 million to Field Arts & Events Hall to support economic development and b...

2 years ago - GlobeNewsWire

First Northwest Bancorp First Quarter 2022 Financial Results

PORT ANGELES, Wash., April 29, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)

2 years ago - GlobeNewsWire

Christopher “Chris” Neros Joins First Fed as Executive Vice President and Chief Lending Officer

PORT ANGELES, Wash., April 13, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Christopher “Chris” Neros has joined the ...

2 years ago - GlobeNewsWire