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First Northwest Bancorp
(NASDAQ:FNWB)
First Northwest Bancorp (FNWB) vs. SPDR S&P 500 ETF (SPY)
First Northwest Bancorp Business Overview & Revenue Model
First Northwest Bancorp Financial Statement Overview
| 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
First Northwest Bancorp Risk Analysis
First Northwest Bancorp Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $102.63M | 16.26 | 5.09% | 3.61% | 5.62% | -5.99% | |
69 Neutral | $110.85M | 12.04 | 8.11% | 1.52% | 20.91% | 20.30% | |
67 Neutral | $93.41M | 31.55 | 2.30% | 3.29% | 11.12% | 53.85% | |
61 Neutral | C$15.12B | 7.06 | 23.28% | 5.39% | 33.61% | -23.38% | |
56 Neutral | $106.29M | ― | -0.73% | ― | -9.96% | -23.54% | |
53 Neutral | $113.45M | ― | -0.81% | 0.97% | 2.25% | -261.40% | |
43 Neutral | $72.50M | ― | -6.59% | 3.51% | 10.23% | -109.60% |
First Northwest Bancorp Corporate Events
On July 24, 2025, First Northwest Bancorp released a slide presentation reviewing its financial results and trends for the quarter and six months ending June 30, 2025. This presentation was furnished under a Form 8-K and is not considered filed under the Exchange Act, indicating a focus on transparency without the legal implications of filing.
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.
On August 27, 2024, involuntary bankruptcy proceedings were initiated against several borrowers of First Fed Bank, including Creative Technologies, LLC, Water Station Management, LLC, and Refreshing USA, LLC. Subsequently, on September 5, 2024, Ideal Property Investments LLC filed for voluntary bankruptcy. On November 8, 2024, Ideal initiated an adversary proceeding against the Bank. To resolve these issues, a Settlement Agreement was reached on July 17, 2025, involving the Bank, the Debtors, and the Joint Official Committee of Unsecured Creditors. As part of the agreement, the Bank agreed to release certain liens and make cash payments ranging from $2.87 million to $5.74 million, depending on creditor participation. The Bank had reserved $5.8 million for this matter and plans to seek reimbursement from its insurance carriers.
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.
On July 9, 2025, First Northwest Bancorp announced the resignation of Matthew P. Deines as President and CEO, effective July 12, 2025. Geraldine L. Bullard, the current Executive Vice President and Chief Operating Officer, was appointed as Interim CEO starting July 13, 2025, while the company conducts a search for a permanent replacement. The transition is part of a mutual agreement and is not due to any disagreement. The company has engaged an executive search firm to find a new CEO, and Bullard will continue in her role as COO during the interim period. The announcement underscores the company’s commitment to stable leadership and continuity in serving its community and stakeholders.
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.
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.
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.