First Northwest Bancorp (FNWB)

NASDAQ: FNWB · IEX Real-Time Price · USD
17.21
-0.11 (-0.64%)
May 20, 2022 4:30 PM EDT - Market closed
Market Cap172.16M
Revenue (ttm)74.79M
Net Income (ttm)15.10M
Shares Out10.00M
EPS (ttm)1.60
PE Ratio10.76
Forward PEn/a
Dividend$0.27 (1.57%)
Ex-Dividend DateMay 12, 2022
Volume10,050
Open17.17
Previous Close17.32
Day's Range16.94 - 17.38
52-Week Range16.19 - 23.77
Beta0.87
AnalystsBuy
Price Target27.03 (+57.1%)
Earnings DateMay 2, 2022

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. It accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit. The company also originates one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and commercial business lo...

IndustryBanks
IPO DateJan 30, 2015
CEOMatthew Deines
Employees288
Stock ExchangeNASDAQ
Ticker SymbolFNWB
Full Company Profile

Financial Performance

In 2021, FNWB's revenue was $72.59 million, an increase of 32.56% compared to the previous year's $54.76 million. Earnings were $15.42 million, an increase of 49.11%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FNWB stock is "Buy." The 12-month stock price forecast is 27.03, which is an increase of 57.06% from the latest price.

Price Target
$27.03
(57.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 bus...

2 weeks ago - GlobeNewsWire

First Northwest Bancorp First Quarter 2022 Financial Results

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

3 weeks 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 ex...

1 month ago - GlobeNewsWire

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.

1 month ago - Business Wire

First Northwest Bancorp (FNWB) is on the Move, Here's Why the Trend Could be Sustainable

First Northwest Bancorp (FNWB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

2 months ago - Zacks Investment Research

First Fed Gives $1M to Northwest Maritime Center to Expand Access

PORT ANGELES, Wash., March 07, 2022 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $1 million to Northwest Maritime Center (NWMC) to expand access to maritime ...

2 months ago - GlobeNewsWire

Can First Northwest Bancorp (FNWB) Run Higher on Rising Earnings Estimates?

First Northwest Bancorp (FNWB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

First Northwest Bancorp (FNWB) Upgraded to Strong Buy: Here's Why

First Northwest Bancorp (FNWB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

3 months ago - Zacks Investment Research

Here's Why Momentum in First Northwest Bancorp (FNWB) Should Keep going

First Northwest Bancorp (FNWB) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed ...

3 months ago - Zacks Investment Research

First Northwest Bancorp (FNWB) Q4 Earnings and Revenues Beat Estimates

First Northwest Bancorp (FNWB) delivered earnings and revenue surprises of 107.41% and 17.79%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

First Northwest Bancorp Announces Record Earnings in the Fourth Quarter Of 2021

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

3 months ago - GlobeNewsWire

Analysts Estimate First Northwest Bancorp (FNWB) to Report a Decline in Earnings: What to Look Out for

First Northwest Bancorp (FNWB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Fintech Partnership between FNWB and Splash Financial

PORT ANGELES, Wash., Jan. 12, 2022 (GLOBE NEWSWIRE) -- First Northwest Bancorp (FNWB) announced a new fintech partnership with Splash Financial, a leading digital lending platform that helps borrowers e...

4 months ago - GlobeNewsWire

First Fed Bank Releases SASB Report

PORT ANGELES, Wash., Nov. 19, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB), releases first report following framework set by Sustainable Accounting Standards Board (SASB). The SASB Fa...

6 months ago - GlobeNewsWire

First Federal Savings and Loan Association of Port Angeles Legally Changes Name to First Fed Bank

PORT ANGELES, Wash., Nov. 05, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB), the holding company for First Fed, confirms that its subsidiary has completed a legal name change from Firs...

6 months ago - GlobeNewsWire

First Northwest Bancorp Announces Record Earnings in the Third Quarter of 2021

PORT ANGELES, Wash., Oct. 27, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB)

6 months ago - GlobeNewsWire

First Northwest Bancorp Earns $3.0 Million, or $0.32 Per Diluted Share, in Second Quarter 2021; Highlighted by Strong...

PORT ANGELES, Wash., July 28, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "...

9 months ago - GlobeNewsWire

First Northwest Bancorp Appoints Gabriel Galanda to its Board of Directors

PORT ANGELES, Wash., July 28, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (“Company”) (NASDAQ: FNWB), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “...

9 months ago - GlobeNewsWire

First Northwest Bancorp Completes Purchase of Bellevue Branch

PORT ANGELES, Wash., July 26, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB) (the “Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First ...

9 months ago - GlobeNewsWire

First Northwest Bancorp Earns $3.1 Million, or $0.34 Per Diluted Share, in First Quarter 2021; Highlighted by Net Int...

PORT ANGELES, Wash., April 28, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or ...

1 year ago - GlobeNewsWire

First Northwest Bancorp Completes Private Placement of $40.0 Million of Subordinated Notes

PORT ANGELES, Wash., March 25, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (the “Company”) (NASDAQ: FNWB), parent company of First Federal Savings and Loan Association of Port Angeles (the “Bank”),...

1 year ago - GlobeNewsWire

First Northwest Bancorp Announces Purchase of Bellevue, WA Branch

PORT ANGELES, Wash., March 22, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB) (the “Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First...

1 year ago - GlobeNewsWire

KBRA Assigns Ratings to First Northwest Bancorp

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 for Port Angeles, Washing...

1 year ago - Business Wire

First Northwest Bancorp Sees Composite Rating Improve To 96

First Northwest Bancorp saw its IBD SmartSelect Composite Rating jump to 96 Friday, up from 94 the day before. The post First Northwest Bancorp Sees Composite Rating Improve To 96 appeared first on Inve...

1 year ago - Investors Business Daily

Jennifer Bolton Joins First Northwest Bancorp as SVP, SR. Director - Digital Marketing

PORT ANGELES, Wash., Jan. 04, 2021 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Fede...

1 year ago - GlobeNewsWire