First Northern Community Bancorp (FNRN) AI Stock Analysis

• Market Cap: $157.71M
• Dividend Yield: N/A
• Average Volume (3M): 5.89K
• Price to Earnings (P/E): 8.3
• Beta (1Y): -0.10
• Revenue Growth: 4.67%
• EPS Growth: -2.96%
• Country: US
• Employees: 187
• Sector: Financial
• Sector Strength: 84
• Industry: Banks - Regional
• EPS (TTM): 0.23
• Shares Outstanding: 15,897,929
• 10 Day Avg. Volume: 11,624
• 30 Day Avg. Volume: 5,890
• PEG Ratio: -3.44
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

First Northern Community Bancorp demonstrates strong financial health with solid revenue growth and a zero-debt balance sheet. These strengths are partially offset by mixed technical analysis indicators, indicating a lack of clear market momentum. The valuation suggests the stock is undervalued, potentially appealing to value investors. The recent income decline is a concern but is mitigated by the company's strong capital position. Overall, FNRN is a stable investment with room for growth, particularly attractive for those focused on financial resilience and value.

First Northern Community Bancorp Business Overview & Revenue Model

Company Description

First Northern Community Bancorp (FNRN) is a financial holding company headquartered in Dixon, California. It operates primarily through its wholly-owned subsidiary, First Northern Bank, which provides a wide range of banking products and services in Northern California. The company focuses on serving individuals, small to medium-sized businesses, and agricultural clients, offering services such as personal and commercial banking, real estate mortgage lending, and investment products.

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

First Northern Community Bancorp presents a strong financial position with consistent revenue growth and profitability. The balance sheet is robust, with zero debt and solid equity financing. Cash flow management is commendable, though there is room for improvement in maintaining or increasing free cash flow. Overall, the company showcases financial stability and growth potential, making it a well-positioned player in the banking industry.

Income Statement

First Northern Community Bancorp has demonstrated strong revenue growth with a steady increase over the past few years, highlighted by a 17.8% revenue growth from 2022 to 2023. The net profit margin for 2023 was a robust 25.1%, indicating good profitability. However, the lack of EBIT and EBITDA data for 2024 may limit comprehensive margin analysis.

Balance Sheet

The company's balance sheet is solid with zero debt in 2024, leading to a favorable debt-to-equity ratio. The equity ratio is healthy, showing that a significant portion of the assets is financed by equity. Additionally, the return on equity (ROE) for 2023 was 13.5%, reflecting effective use of shareholder capital.

Cash Flow

The cash flow statement indicates a stable operating cash flow with a slight decrease in free cash flow from 2023 to 2024. The free cash flow to net income ratio is positive, suggesting that the company generates sufficient cash from operations. The operating cash flow to net income ratio is also stable, indicating efficiency in converting net income to cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
84.67M	71.88M	61.63M	54.13M	55.19M
	Gross Profit
60.82M	71.88M	61.63M	54.13M	55.19M
	EBIT
-44.93M	36.44M	22.85M	19.43M	16.66M
	EBITDA
0.00	32.55M	23.54M	21.70M	18.87M
	Net Income Common Stockholders
20.03M	21.55M	15.88M	14.19M	12.16M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
753.30M	168.92M	826.46M	991.41M	719.18M
	Total Assets
1.89B	1.87B	1.87B	1.90B	1.66B
	Total Debt
0.00	4.58M	5.42M	5.66M	5.00M
	Net Debt
-119.45M	-168.92M	-202.94M	-353.54M	-279.10M
	Total Liabilities
1.72B	1.71B	1.75B	19.87M	26.56M
	Stockholders Equity
176.33M	159.25M	125.04M	150.91M	150.66M
Cash Flow		Free Cash Flow
19.54M	25.97M	21.44M	24.47M	11.73M
	Operating Cash Flow
19.54M	27.19M	21.78M	25.27M	12.59M
	Investing Cash Flow
-53.28M	83.72M	-178.78M	-186.38M	-201.54M
	Financing Cash Flow
3.98M	-149.11M	-1.51M	239.85M	344.63M

First Northern Community Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.92
• 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 9.92 is above the 20-day moving average (MA) of 9.80, below the 50-day MA of 9.92, and above the 200-day MA of 9.67, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 57.16 is Neutral, neither overbought nor oversold. The STOCH value of 93.84 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
CBNA	80 Outperform	$180.25M	7.86	18.94%	―	―	―
FNRN	74 Outperform	$157.71M	8.28	11.10%	―	4.67%	-2.96%
FCCO	72 Outperform	$182.98M	12.00	10.83%	2.48%	19.34%	38.96%
OPBK	69 Neutral	$194.70M	9.27	10.40%	3.65%	12.70%	1.31%
BCBP	65 Neutral	$143.48M	55.29	1.40%	7.66%	-5.71%	-90.24%
Sector *	64 Neutral	$12.82B	9.87	7.67%	17000.34%	12.39%	-5.85%
NKSH	60 Neutral	$167.99M	19.59	5.66%	5.72%	16.35%	-39.77%

First Northern Community Bancorp Corporate Events

First Northern Reports Q1 2025 Income Decline

On April 29, 2025, First Northern Community Bancorp reported a net income of $3.7 million for the first quarter of 2025, marking a 14.2% decrease from the previous year. Despite a decline in net loans and deposits, the company maintained a strong capital position and improved its net margin due to increased yields and disciplined pricing, although it faced higher loan loss provisions.

Spark’s Take on FNRN Stock

According to Spark, TipRanks’ AI Analyst, FNRN is a Neutral.

First Northern Community Bancorp demonstrates strong financial health with solid revenue growth and a zero-debt balance sheet. These strengths are partially offset by the mixed technical analysis indicators, indicating a lack of clear market momentum. The valuation suggests the stock is undervalued, potentially appealing to value investors despite the absence of a dividend yield. Overall, FNRN is a stable investment with room for growth, particularly attractive for those focused on financial resilience and value.

To see Spark’s full report on FNRN stock, click here.