First Northwest Bancorp (FNWB) AI Stock Analysis

• Market Cap: $76.85M
• Dividend Yield: 3.44%
• Average Volume (3M): 39.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: 10.02%
• EPS Growth: -1855.34%
• Country: US
• Employees: 227
• Sector: Financial
• Sector Strength: 81
• Industry: Banks - Regional
• EPS (TTM): 0.17
• Shares Outstanding: 9,440,618
• 10 Day Avg. Volume: 78,768
• 30 Day Avg. Volume: 39,561
• PEG Ratio: 0.01
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.69K
• Enterprise Value/Market Cap: 4.23
• Enterprise Value/Revenue: 0.71
• Enterprise Value/Gross Profit: 8.29
• Enterprise Value/Ebitda: -8.57
• 1Y Price Target: $12.00
• Price Target Upside: 47.42% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 43 Neutral
• Price Target: $6.50 ▼(-20.15%Downside)

First Northwest Bancorp's overall stock score reflects significant financial and technical challenges. The negative technical indicators and valuation concerns weigh heavily on the score. While the profit turnaround is a positive development, the lawsuit introduces substantial risk, keeping the overall score low.

First Northwest Bancorp Business Overview & Revenue Model

Company Description

First Northwest Bancorp (FNWB) is a bank holding company based in Port Angeles, Washington. It primarily operates through its wholly-owned subsidiary, First Federal Savings and Loan Association of Port Angeles, commonly known as First Federal. The company provides a range of financial products and services, including personal and business banking solutions, mortgage and loan options, and wealth management services. FNWB serves a diverse clientele, including individuals, businesses, and non-profit organizations, with a focus on communities in the Pacific Northwest region.

How the Company Makes Money

First Northwest Bancorp generates its revenue primarily through interest income from its loan portfolio, which includes residential mortgages, commercial real estate loans, and consumer loans. The company also earns income from interest on investment securities. Additionally, FNWB derives non-interest income from various banking fees, including service charges on deposit accounts, loan servicing fees, and fees for other financial services such as wealth management and investment advisory. The bank's strategic focus on community banking allows it to maintain strong relationships with local customers, contributing to its stable deposit base and lending activities. Furthermore, FNWB's earnings are supported by maintaining a prudent approach to risk management and expense control, ensuring steady profitability.

First Northwest Bancorp Financial Statement Overview

Summary

First Northwest Bancorp shows mixed financial results with revenue growth but profitability challenges due to a net loss. A strong balance sheet with no debt is offset by declining return on equity, while cash flow issues indicate liquidity concerns.

Income Statement

First Northwest Bancorp showed fluctuating revenue growth with a significant increase in 2024, but a net loss was reported, impacting the net profit margin negatively. The gross profit margin remained strong at 100%, indicating full revenue retention after costs of goods sold. EBIT margin was high, yet the absence of EBITDA in 2024 reflects a potential operational challenge.

Balance Sheet

The company maintains a healthy equity ratio with strong stockholders' equity. The absence of debt in 2024 is positive, reducing financial risk. However, the return on equity has decreased due to the net loss, signaling profitability concerns.

Cash Flow

Operating cash flow turned negative in 2024, indicating cash management issues. Free cash flow also decreased, which could pressure liquidity if not addressed. The cash flow to net income ratios reflect operating challenges needing attention for sustainable growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	118.12M	117.03M	104.92M	90.70M	79.31M	67.53M
Gross Profit	39.21M	44.52M	64.13M	78.66M	72.59M	54.76M
EBITDA	-17.20M	-6.14M	4.29M	18.40M	19.72M	14.95M
Net Income	-16.05M	-6.61M	2.29M	15.64M	15.42M	10.34M
Balance Sheet
Total Assets	2.18B	2.23B	2.20B	2.04B	1.92B	1.65B
Cash, Cash Equivalents and Short-Term Investments	81.50M	412.79M	418.79M	372.17M	470.23M	429.45M
Total Debt	324.36M	353.55M	327.36M	285.36M	119.28M	109.98M
Total Liabilities	2.02B	2.08B	2.04B	1.88B	1.73B	1.47B
Stockholders Equity	146.49M	153.88M	163.34M	161.57M	190.96M	186.38M
Cash Flow
Free Cash Flow	-42.00K	16.88M	16.30M	12.99M	9.14M	11.44M
Operating Cash Flow	-2.00K	16.88M	17.88M	15.90M	15.15M	13.26M
Investing Cash Flow	60.70M	-87.07M	-84.19M	-237.65M	-136.86M	-315.95M
Financing Cash Flow	-67.72M	19.47M	143.89M	141.32M	182.57M	319.11M

First Northwest Bancorp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 8.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNWB, the sentiment is Neutral. The current price of 8.14 is above the 20-day moving average (MA) of 8.00, below the 50-day MA of 8.95, and below the 200-day MA of 10.03, indicating a neutral trend. The MACD of -0.34 indicates Negative momentum. The RSI at 48.58 is Neutral, neither overbought nor oversold. The STOCH value of 66.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FNWB.

First Northwest Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PROV	74 Outperform	$103.62M	16.21	5.09%	3.58%	5.62%	-5.99%
MGYR	68 Neutral	$109.23M	11.86	8.11%	1.42%	20.91%	20.30%
Sector *	67 Neutral	$16.84B	11.72	9.71%	3.76%	11.61%	-9.60%
PBHC	59 Neutral	$92.24M	31.55	2.30%	2.66%	11.12%	53.85%
BSBK	56 Neutral	$101.47M	―	-0.73%	―	-9.96%	-23.54%
FNWB	43 Neutral	$76.85M	―	-10.46%	3.44%	10.02%	-1855.34%

First Northwest Bancorp Corporate Events

First Northwest Bancorp Faces Lawsuit Over Fraud Allegations

On June 10, 2025, 3|5|2 Capital GP LLC filed a lawsuit against First Fed Bank, a subsidiary of First Northwest Bancorp, in the Superior Court of Washington. The complaint alleges that the bank was involved in a fraudulent scheme related to bonds issued by Water Station Management, which is undergoing bankruptcy proceedings. The lawsuit seeks over $106 million in damages, claiming the bank aided in misappropriating funds. First Northwest Bancorp and its bank subsidiary strongly deny the allegations and plan to defend themselves vigorously.

The most recent analyst rating on (FNWB) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on First Northwest Bancorp stock, see the FNWB Stock Forecast page.

First Northwest Bancorp Shareholders Meeting Outcomes Revealed

On May 20, 2025, First Northwest Bancorp held its Annual Meeting of Shareholders, where a quorum was present with 7,819,769.61 shares represented. During the meeting, all nominated directors were elected for a one-year term, but the proposal to amend the Articles of Incorporation to remove supermajority provisions did not pass, receiving only 65.76% approval. Shareholders approved the executive compensation in a non-binding vote and ratified Moss Adams LLP as the independent accounting firm for 2024.

The most recent analyst rating on (FNWB) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on First Northwest Bancorp stock, see the FNWB Stock Forecast page.

First Northwest Bancorp Reports Q1 2025 Profit Turnaround

On April 24, 2025, First Northwest Bancorp reported a significant turnaround in profitability for the first quarter of 2025, achieving a net income of $1.5 million compared to a net loss in the previous quarter. The company declared a quarterly cash dividend and highlighted improvements in asset quality, with nonperforming loans reduced by 14%. The company also recorded gains from restructuring activities and maintained a stable loan-to-deposit ratio, indicating positive balance sheet trends. These developments suggest a stronger financial position and potential for future growth, benefiting shareholders and enhancing market confidence.