First Northwest Bancorp (FNWB)
| Market Cap | 101.33M |
| Revenue (ttm) | 64.13M |
| Net Income (ttm) | 2.29M |
| Shares Out | 9.44M |
| EPS (ttm) | 0.26 |
| PE Ratio | 41.27 |
| Forward PE | 15.07 |
| Dividend | $0.28 (2.61%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 95,778 |
| Open | 10.55 |
| Previous Close | 10.48 |
| Day's Range | 10.43 - 10.78 |
| 52-Week Range | 10.00 - 16.12 |
| Beta | 0.85 |
| Analysts | Hold |
| Price Target | 12.50 (+16.5%) |
| Earnings Date | May 21, 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]
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 StatementsAnalyst 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 16.50% from the latest price.
News
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...
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.
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...
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...
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...
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...
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:
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.
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...
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:
First Northwest Bancorp Reports Fourth Quarter 2022 Earnings
PORT ANGELES, Wash., Jan. 26, 2023 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)
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...
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...
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)
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...
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 ...
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...
First Northwest Bancorp Reports Second Quarter 2022 Financial Results
PORT ANGELES, Wash., July 27, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)
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...
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...
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...
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...
First Northwest Bancorp First Quarter 2022 Financial Results
PORT ANGELES, Wash., April 29, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)
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 ...
Meriwether Group Capital Launched to Support Pacific Northwest Entrepreneurs
PORTLAND, Ore.--(BUSINESS WIRE)--Meriwether Group Capital launched, will lend to primarily Pacific Northwest-based companies in need of $500K to $5 million.