First Northwest Bancorp (FNWB) Expected to Announce Quarterly Earnings on Thursday

First Northwest Bancorp (NASDAQ:FNWBGet Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.06 per share and revenue of $16,500.00 billion for the quarter.

First Northwest Bancorp (NASDAQ:FNWBGet Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.33). First Northwest Bancorp had a negative return on equity of 0.18% and a negative net margin of 4.79%. The business had revenue of $29.99 million during the quarter, compared to analyst estimates of $17.20 million. On average, analysts expect First Northwest Bancorp to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Northwest Bancorp Trading Up 2.3 %

NASDAQ:FNWB opened at $11.00 on Tuesday. The stock has a fifty day simple moving average of $10.62 and a 200 day simple moving average of $10.49. The firm has a market capitalization of $102.97 million, a price-to-earnings ratio of -16.92 and a beta of 0.94. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.08. First Northwest Bancorp has a 1-year low of $8.91 and a 1-year high of $16.00.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on FNWB. Piper Sandler decreased their target price on First Northwest Bancorp from $12.50 to $11.00 and set a “neutral” rating for the company in a research report on Monday, October 28th. Hovde Group initiated coverage on First Northwest Bancorp in a research report on Monday, January 13th. They set an “outperform” rating and a $13.50 price objective for the company.

Get Our Latest Analysis on First Northwest Bancorp

First Northwest Bancorp Company Profile

(Get Free Report)

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. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit.

Further Reading

Earnings History for First Northwest Bancorp (NASDAQ:FNWB)

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