First Northern Community Bancorp (FNRN) AI Stock Analysis

• Market Cap: $213.07M
• Dividend Yield: N/A
• Average Volume (3M): 5.41K
• Price to Earnings (P/E): 10.3
• Beta (1Y): -0.08
• Revenue Growth: 3.90%
• EPS Growth: 2.47%
• Country: US
• Employees: 187
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.38
• Shares Outstanding: 15,724,784
• 10 Day Avg. Volume: 5,378
• 30 Day Avg. Volume: 5,413
• PEG Ratio: -0.71
• Price to Book (P/B): 0.90
• Price to Sales (P/S): 1.87
• P/FCF Ratio: 8.27
• Enterprise Value/Market Cap: 0.24
• Enterprise Value/Revenue: 0.59
• Enterprise Value/Gross Profit: 0.71
• Enterprise Value/Ebitda: 1.71
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: $14.50 ▲(8.05% Upside)

The score is driven primarily by solid financial performance (profitability, conservative leverage, and decent cash conversion), supported by a reasonable P/E valuation. Technical indicators are mixed and not strongly supportive, and the latest corporate update is positive but tempered by declines in assets and deposits.

Positive Factors

Zero Debt Balance Sheet

A zero-debt balance sheet enhances financial flexibility and reduces risk, allowing the company to invest in growth opportunities without the burden of interest payments.

Revenue Growth

Consistent revenue growth indicates expanding market presence and effective business strategies, contributing to long-term financial stability and shareholder value.

Strong Capital Position

A strong capital position supports resilience against economic fluctuations and enables strategic investments, enhancing the company's competitive edge in the banking sector.

Negative Factors

Income Decline

A decline in net income can indicate challenges in maintaining profitability, potentially impacting future earnings and limiting resources for growth initiatives.

Higher Loan Loss Provisions

Increased loan loss provisions suggest potential credit quality issues, which could strain profitability and necessitate more conservative lending practices.

Mixed Technical Indicators

Lack of clear market momentum may reflect investor uncertainty, potentially affecting stock liquidity and valuation, despite strong fundamentals.

First Northern Community Bancorp Business Overview & Revenue Model

Company Description

First Northern Community Bancorp operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small to medium sized businesses. The company accepts demand deposits, interest-bearing transaction deposits, savings and money market accounts, and time deposits. Its loan portfolio comprises of commercial, commercial real estate, agriculture, residential mortgage, residential construction, and consumer loans. The company also offers credit cards; investment and brokerage services; alternative investment products, and fiduciary and other financial services; and equipment leasing, merchant card processing, payroll, and international banking services through third parties. In addition, it provides issues cashier's checks, safe deposit boxes rental, and other customary banking services. The company operates eleven full-service branches located in the cities of Auburn, Davis, Dixon, Fairfield, Rancho Cordova, Roseville, Sacramento, Vacaville, West Sacramento, Winters, and Woodland; a satellite banking office inside a retirement community in the city of Davis; a residential mortgage loan office in Davis; and a commercial loan office in the Contra Costa County city of Walnut Creek. First Northern Community Bancorp was founded in 1910 and is headquartered in Dixon, California.

How the Company Makes Money

First Northern Community Bancorp makes money primarily through interest income generated from its lending activities, including personal, commercial, and real estate loans. The company also earns revenue from fees and service charges associated with deposit accounts, transaction processing, and other banking services. Additionally, the bank benefits from investment income derived from its securities portfolio. Key factors contributing to its earnings include effective interest rate management, maintaining a diversified loan portfolio, and leveraging local market knowledge to build strong customer relationships.

First Northern Community Bancorp Financial Statement Overview

Summary

Fundamentals are solid for a regional bank: steady multi-year revenue expansion, healthy (though recently moderating) ROE, minimal reported debt, and generally good cash conversion (FCF tracking net income). Offsets include notable year-to-year cash-flow volatility and a 2024 operating-margin data inconsistency that reduces confidence in the most recent trend.

Income Statement

Revenue has expanded steadily from 2019 to 2024, with an especially strong step-up in 2024 versus 2023. Profitability is solid for a regional bank, with net margins consistently in the low-to-high 20% range and net income generally trending higher over time (despite a modest dip in 2023–2024). The main weakness is mixed operating profit signal in 2024: EBIT margin is shown as negative despite positive EBIT dollars, which introduces data consistency risk and makes the 2024 operating margin trend less reliable.

Balance Sheet

The balance sheet looks conservatively positioned: reported total debt is minimal to zero in most years and equity has grown over time, supporting a stronger capital base. Returns on equity have been healthy for the group (roughly high-single-digits to mid-teens), peaking in 2022–2023 and moderating in 2024, which is a manageable softening rather than a breakdown. The key weakness is that assets are fairly flat from 2020–2024 while profitability fluctuates, implying earnings depend more on spread/credit conditions than on balance-sheet growth.

Cash Flow

Cash generation is consistently positive, with free cash flow closely tracking net income across the period (generally near 1:1), which suggests earnings quality is solid. However, operating and free cash flow are volatile year-to-year (notably a weaker 2020 and lower 2024 versus 2023), and the free-cash-flow growth rates swing sharply, which lowers confidence in near-term consistency. Some coverage ratio fields are reported as zero in later years, limiting the usefulness of that specific signal.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	87.00M	84.67M	80.56M	62.81M	55.04M	56.67M
Gross Profit	71.96M	70.63M	71.88M	60.73M	55.63M	52.14M
EBITDA	29.93M	0.00	32.55M	23.54M	21.25M	18.88M
Net Income	21.00M	20.03M	21.55M	15.88M	14.19M	12.16M
Balance Sheet
Total Assets	1.91B	1.89B	1.87B	1.87B	1.90B	1.66B
Cash, Cash Equivalents and Short-Term Investments	569.80M	562.66M	741.28M	826.46M	991.41M	719.18M
Total Debt	0.00	0.00	0.00	0.00	0.00	5.00M
Total Liabilities	1.70B	1.72B	1.71B	1.75B	1.75B	1.50B
Stockholders Equity	204.77M	176.33M	159.25M	125.04M	150.91M	150.66M
Cash Flow
Free Cash Flow	11.74M	19.19M	25.97M	21.44M	24.47M	11.73M
Operating Cash Flow	12.29M	19.54M	27.19M	21.78M	25.27M	12.59M
Investing Cash Flow	22.43M	-53.28M	83.72M	-178.78M	-186.38M	-201.54M
Financing Cash Flow	-71.79M	3.98M	-149.11M	-1.51M	239.85M	344.63M

First Northern Community Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 13.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNRN, the sentiment is Positive. The current price of 13.42 is below the 20-day moving average (MA) of 13.44, above the 50-day MA of 13.41, and above the 200-day MA of 11.69, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 64.58 is Neutral, neither overbought nor oversold. The STOCH value of 90.43 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNRN.

First Northern Community Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VABK	77 Outperform	$218.04M	11.98	10.41%	3.41%	1.11%	14.44%
FXNC	73 Outperform	$233.92M	20.81	7.36%	2.49%	48.94%	11.61%
FNRN	70 Outperform	$213.07M	10.34	10.86%	―	3.90%	2.47%
OPBK	70 Outperform	$201.85M	8.09	10.99%	3.32%	9.10%	12.36%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FRAF	67 Neutral	$216.83M	13.65	9.91%	2.51%	12.06%	10.38%
EFSI	66 Neutral	$214.52M	17.90	6.63%	3.11%	-1.45%	-31.32%

First Northern Community Bancorp Corporate Events

First Northern Community Bancorp Reports Q3 2025 Earnings

On October 29, 2025, First Northern Community Bancorp reported a net income of $6.0 million for the third quarter of 2025, marking a 9.6% increase from the same period in 2024. The company saw a growth in net loans driven by commercial loans, despite a decrease in total assets and deposits. The bank’s net interest margin improved due to higher yields and disciplined deposit pricing, while a strategic tax planning initiative reduced its effective tax rate. The company remains well-capitalized, with a focus on enhancing shareholder value.