First Northern Community Bancorp (FNRN) AI Stock Analysis

• Market Cap: $197.10M
• Dividend Yield: N/A
• Average Volume (3M): 7.29K
• Price to Earnings (P/E): 9.8
• Beta (1Y): -0.07
• Revenue Growth: 5.72%
• EPS Growth: 3.69%
• Country: US
• Employees: 187
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.35
• Shares Outstanding: 15,780,933
• 10 Day Avg. Volume: 612
• 30 Day Avg. Volume: 7,293
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.15
• Enterprise Value/Revenue: 0.35
• Enterprise Value/Gross Profit: 0.99
• Enterprise Value/Ebitda: 1.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ―

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 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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	86.38M	84.67M	71.88M	61.63M	54.13M	55.19M
Gross Profit	30.52M	70.63M	71.88M	61.63M	54.13M	55.19M
EBITDA	30.33M	0.00	32.55M	23.54M	21.70M	18.88M
Net Income	20.47M	20.03M	21.55M	15.88M	14.19M	12.16M
Balance Sheet
Total Assets	1.87B	1.89B	1.87B	1.87B	1.90B	1.66B
Cash, Cash Equivalents and Short-Term Investments	548.17M	562.66M	168.92M	826.46M	991.41M	719.18M
Total Debt	0.00	3.65M	4.58M	5.42M	5.66M	5.00M
Total Liabilities	1.68B	1.72B	1.71B	1.75B	19.87M	26.56M
Stockholders Equity	194.88M	176.33M	159.25M	125.04M	150.91M	150.66M
Cash Flow
Free Cash Flow	19.61M	19.19M	25.97M	21.44M	24.47M	11.73M
Operating Cash Flow	20.04M	19.54M	27.19M	21.78M	25.27M	12.59M
Investing Cash Flow	-26.61M	-53.28M	83.72M	-178.78M	-186.38M	-201.54M
Financing Cash Flow	-48.36M	3.98M	-149.11M	-1.51M	239.85M	344.63M

First Northern Community Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.49
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• 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 12.49 is above the 20-day moving average (MA) of 12.15, above the 50-day MA of 11.45, and above the 200-day MA of 10.17, indicating a bullish trend. The MACD of 0.27 indicates Positive momentum. The RSI at 78.37 is Negative, neither overbought nor oversold. The STOCH value of 99.28 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	208.84M	9.69	14.52%	―	0.00%	0.00%
FCCO	78 Outperform	223.27M	13.08	9.66%	2.10%	16.07%	57.29%
OPBK	76 Outperform	214.35M	9.94	10.28%	3.33%	11.05%	8.18%
FNRN	74 Outperform	$197.10M	9.84	11.35%	―	5.72%	3.69%
BCBP	62 Neutral	152.69M	45.32	5.75%	7.21%	-5.18%	-83.93%
NKSH	60 Neutral	195.05M	17.39	0.00%	4.93%	15.17%	14.41%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

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.