First Northwest Bancorp (FNWB) Expected to Announce Earnings on Thursday

Posted by ABMN Staff on Jan 21st, 2025

First Northwest Bancorp (NASDAQ:FNWB – Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect First Northwest Bancorp to post earnings of $0.06 per share and revenue of $16,500.00 billion for the quarter.

First Northwest Bancorp (NASDAQ:FNWB – Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.33). First Northwest Bancorp had a negative return on equity of 0.18% and a negative net margin of 4.79%. The business had revenue of $29.99 million for the quarter, compared to analysts’ expectations of $17.20 million. On average, analysts expect First Northwest Bancorp to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Northwest Bancorp Stock Performance

NASDAQ:FNWB opened at $11.00 on Tuesday. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.04 and a quick ratio of 1.04. The firm’s fifty day moving average price is $10.62 and its 200 day moving average price is $10.49. First Northwest Bancorp has a 1-year low of $8.91 and a 1-year high of $16.00. The firm has a market cap of $102.97 million, a price-to-earnings ratio of -16.92 and a beta of 0.94.

Analyst Ratings Changes

A number of research firms have commented on FNWB. Piper Sandler reduced their target price on First Northwest Bancorp from $12.50 to $11.00 and set a “neutral” rating for the company in a report on Monday, October 28th. Hovde Group began coverage on shares of First Northwest Bancorp in a report on Monday, January 13th. They issued an “outperform” rating and a $13.50 target price for the company.

View Our Latest Research Report on First Northwest Bancorp

First Northwest Bancorp Company Profile

(Get Free Report)

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.