First Northwest Bancorp (FNWB) AI Stock Analysis

• Market Cap: $91.97M
• Dividend Yield: 2.88%
• Average Volume (3M): 21.84K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: 8.02%
• EPS Growth: 21.36%
• Country: US
• Employees: 227
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.09
• Shares Outstanding: 9,462,150
• 10 Day Avg. Volume: 10,691
• 30 Day Avg. Volume: 21,836
• PEG Ratio: 0.03
• Price to Book (P/B): 0.58
• Price to Sales (P/S): 0.77
• P/FCF Ratio: 5.31
• Enterprise Value/Market Cap: 3.59
• Enterprise Value/Revenue: 2.84
• Enterprise Value/Gross Profit: 8.61
• Enterprise Value/Ebitda: -42.39
• 1Y Price Target: $13.50
• Price Target Upside: 38.89% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: $10.50 ▲(8.02% Upside)

First Northwest Bancorp's overall stock score is influenced by its financial challenges and positive technical indicators. The appointment of a new CEO is a significant positive factor, suggesting potential for strategic improvements. However, the company's financial health remains under pressure, impacting the overall score.

Positive Factors

New CEO Appointment

The appointment of Curt Queyrouze as CEO, with his extensive experience, is expected to drive strategic improvements and operational efficiency, enhancing long-term shareholder value.

Revenue Growth

The increase in Q3 revenue indicates positive momentum in the company's ability to grow its business, suggesting improved market positioning and customer engagement.

Market Positioning

The focus on modernizing operations and customer-centric strategies positions the company to better meet evolving customer needs, potentially enhancing competitive advantage.

Negative Factors

Declining Profitability

Negative margins reflect operational challenges and declining profitability, which can undermine financial stability and limit reinvestment capacity.

Cash Flow Constraints

Negative free cash flow indicates liquidity issues, potentially restricting the company's ability to fund growth initiatives and manage financial obligations effectively.

High Leverage

High leverage can increase financial risk, limit flexibility, and strain cash flow, particularly in challenging economic conditions, impacting long-term sustainability.

First Northwest Bancorp Business Overview & Revenue Model

Company Description

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 loans, as well as consumer loans primarily consisting of automobile loans, and home-equity loans and lines of credit. It operates through 12 full-service branches and a lending center in Seattle. The company was founded in 1923 and is based in Port Angeles, Washington.

How the Company Makes Money

First Northwest Bancorp generates revenue through several key streams, primarily interest income from loans and investments. The bank earns interest by lending funds to consumers and businesses, while also investing in securities. Additionally, FNWB generates non-interest income through fees for banking services, such as account maintenance, transaction services, and wealth management advisory services. The bank may also benefit from partnerships with local businesses and organizations, enhancing its service offerings and customer reach, which can contribute to a more stable revenue base. Overall, the company's financial performance is influenced by interest rate trends, loan demand, and the overall economic environment in its operating regions.

First Northwest Bancorp Financial Statement Overview

Summary

First Northwest Bancorp faces significant financial challenges with declining profitability and cash flow difficulties. The income statement shows negative margins, and the cash flow is constrained with negative free cash flow. The balance sheet provides some stability but is overshadowed by high leverage and declining returns on equity.

Income Statement

First Northwest Bancorp's income statement shows a concerning trend with declining margins. The gross profit margin has decreased over the years, and the TTM EBIT margin is negative, reflecting operational challenges. The net profit margin has also turned negative in the TTM period, indicating profitability issues. Revenue growth has been inconsistent, with a slight increase in recent years but insufficient to offset declining profitability.

Balance Sheet

The balance sheet reflects moderate financial stability with a high debt-to-equity ratio due to significant liabilities. The equity ratio remains relatively stable, suggesting a decent proportion of assets financed by equity. However, the return on equity has suffered due to net income losses, showing weakened shareholder returns.

Cash Flow

Cash flow analysis reveals concerns, particularly with negative free cash flow in the TTM period. The operating cash flow has turned negative, impacting liquidity. The free cash flow to net income ratio indicates cash constraints, which could limit future investments and growth potential. The inconsistency in free cash flow growth highlights potential difficulties in managing cash operations effectively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	116.31M	117.03M	104.92M	90.70M	79.31M	67.53M
Gross Profit	38.34M	44.52M	64.13M	78.66M	72.59M	54.76M
EBITDA	-7.79M	-6.14M	4.29M	18.40M	19.72M	14.95M
Net Income	-7.38M	-6.61M	2.29M	15.64M	15.42M	10.34M
Balance Sheet
Total Assets	2.11B	2.23B	2.20B	2.04B	1.92B	1.65B
Cash, Cash Equivalents and Short-Term Investments	298.30M	412.79M	418.79M	372.17M	470.23M	429.45M
Total Debt	275.70M	353.55M	327.36M	285.36M	119.28M	109.98M
Total Liabilities	1.96B	2.08B	2.04B	1.88B	1.73B	1.47B
Stockholders Equity	154.53M	153.88M	163.34M	161.57M	190.96M	186.38M
Cash Flow
Free Cash Flow	12.47M	16.88M	16.30M	12.99M	9.14M	11.44M
Operating Cash Flow	12.48M	16.88M	17.88M	15.90M	15.15M	13.26M
Investing Cash Flow	2.93M	-87.07M	-84.19M	-237.65M	-136.86M	-315.95M
Financing Cash Flow	-135.14M	19.47M	143.89M	141.32M	182.57M	319.11M

First Northwest Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.72
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNWB, the sentiment is Positive. The current price of 9.72 is above the 20-day moving average (MA) of 9.68, above the 50-day MA of 9.55, and above the 200-day MA of 8.72, indicating a bullish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 56.66 is Neutral, neither overbought nor oversold. The STOCH value of 39.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FNWB.

First Northwest Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BOTJ	76 Outperform	$82.78M	10.39	10.86%	2.18%	6.17%	-6.13%
FUSB	71 Outperform	$80.56M	15.08	5.50%	2.08%	1.03%	-35.72%
UBCP	69 Neutral	$83.67M	11.31	10.91%	6.51%	6.31%	-5.00%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
FNWB	59 Neutral	$91.97M	-11.77	-4.68%	2.88%	8.02%	21.36%
BYFC	54 Neutral	$74.78M	-30.60	0.22%	―	2.54%	-174.74%
SSBI	45 Neutral	$80.12M	-56.76	-1.41%	―	-0.81%	-129.22%

First Northwest Bancorp Corporate Events

First Northwest Bancorp Releases Q3 2025 Financial Review

On October 29, 2025, First Northwest Bancorp released a slide presentation reviewing its financial results and trends for the quarter and nine months ending September 30, 2025. This presentation was included in a Form 8-K filing and provides insights into the company’s financial performance during this period.

The most recent analyst rating on (FNWB) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on First Northwest Bancorp stock, see the FNWB Stock Forecast page.