First Northwest Bancorp (FNWB) AI Stock Analysis

• Market Cap: $75.71M
• Dividend Yield: 3.49%
• Average Volume (3M): 16.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: 10.31%
• EPS Growth: -557.61%
• Country: US
• Employees: 227
• Sector: Financial
• Sector Strength: 74
• Industry: Banks - Regional
• EPS (TTM): 0.17
• Shares Outstanding: 9,440,618
• 10 Day Avg. Volume: 21,093
• 30 Day Avg. Volume: 16,462
• PEG Ratio: 1.82
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 10.74
• Enterprise Value/Market Cap: 5.01
• Enterprise Value/Revenue: 1.00
• Enterprise Value/Gross Profit: 3.85
• Enterprise Value/Ebitda: -35.91
• 1Y Price Target: $12.00
• Price Target Upside: 49.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 53 Neutral
• Price Target: ―

First Northwest Bancorp's overall score reflects a challenging financial landscape with profitability issues despite revenue growth. The company's strong balance sheet and recent profitability turnaround are positive, but liquidity and valuation concerns persist. Technical indicators suggest a cautious outlook, with mixed signals on market momentum.

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 primarily through the interest income earned on loans and mortgages provided to individuals and businesses. The company also earns money from interest on securities and other investments. Additionally, non-interest income is generated through fees and service charges related to deposit accounts, loan servicing, and other financial services. The bank's earnings are further supplemented by strategic partnerships and community-focused financial solutions that enhance its service capabilities and customer base.

First Northwest Bancorp Financial Statement Overview

Summary

First Northwest Bancorp exhibits mixed financial performance. Strong revenue growth is overshadowed by profitability challenges, as evidenced by a net loss. The robust balance sheet benefits from no debt but is marred by declining ROE. Cash flow issues indicate potential liquidity pressure.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
61.02M	64.13M	80.19M	73.94M	59.80M
	Gross Profit
61.02M	64.13M	80.19M	73.94M	59.80M
	EBIT
-15.48M	2.67M	18.49M	18.61M	13.29M
	EBITDA
0.00	4.29M	18.40M	19.72M	14.95M
	Net Income Common Stockholders
-6.61M	2.29M	15.64M	15.42M	10.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
357.15M	418.79M	372.17M	470.23M	429.45M
	Total Assets
2.23B	2.20B	2.04B	1.92B	1.65B
	Total Debt
353.55M	320.94M	285.36M	119.28M	109.98M
	Net Debt
281.10M	197.77M	239.76M	-6.74M	44.82M
	Total Liabilities
2.08B	2.04B	1.88B	1.73B	1.47B
	Stockholders Equity
153.88M	163.34M	161.57M	190.96M	186.38M
Cash Flow		Free Cash Flow
16.88M	16.30M	12.99M	9.14M	11.44M
	Operating Cash Flow
16.28M	17.88M	15.90M	15.15M	13.26M
	Investing Cash Flow
-87.07M	-84.19M	-237.65M	-136.86M	-315.95M
	Financing Cash Flow
19.47M	143.89M	141.32M	182.57M	319.11M

First Northwest Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FNWB, the sentiment is Negative. The current price of 8.02 is below the 20-day moving average (MA) of 8.75, below the 50-day MA of 9.45, and below the 200-day MA of 10.22, indicating a bearish trend. The MACD of -0.36 indicates Positive momentum. The RSI at 28.37 is Positive, neither overbought nor oversold. The STOCH value of 19.84 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FNWB.

First Northwest Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PROV	70 Outperform	$100.97M	15.79	5.09%	3.64%	5.62%	-5.99%
MGYR	68 Neutral	$102.89M	11.18	8.11%	1.51%	20.91%	20.30%
Sector *	64 Neutral	$12.86B	9.79	7.84%	78.10%	12.05%	-7.99%
PBHC	57 Neutral	$92.92M	31.55	2.30%	2.57%	11.12%	53.85%
FNWB	53 Neutral	$75.71M	―	-10.46%	3.49%	10.31%	-557.61%
WMPN	53 Neutral	$113.45M	―	-0.81%	0.97%	2.25%	-261.40%
BSBK	41 Neutral	$96.40M	―	-0.73%	―	-9.96%	-23.54%

First Northwest Bancorp Corporate Events

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.

Spark’s Take on FNWB Stock

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

First Northwest Bancorp’s overall score is impacted by significant financial and technical challenges. Despite revenue growth, profitability issues and a negative P/E ratio weigh heavily. The stock’s bearish technical indicators further suggest caution. While a strong balance sheet without debt is a positive, liquidity concerns and market momentum issues are key risks to address.

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

First Northwest Bancorp Reviews 2024 Financial Results

On March 10, 2025, First Northwest Bancorp issued a slide presentation reviewing its financial results and trends for the quarter and year ended December 31, 2024. The presentation, which is part of a Form 8-K filing, provides insights into the company’s financial performance but is not considered filed for purposes of the Exchange Act.