First Northwest Bancorp (FNWB) to Release Earnings on Thursday

First Northwest Bancorp (NASDAQ:FNWB) is expected to release its earnings data before the market opens on Thursday, April 24th. Analysts expect First Northwest Bancorp to post earnings of $0.04 per share and revenue of $16.40 million for the quarter.

First Northwest Bancorp (NASDAQ:FNWB) last posted its earnings results on Wednesday, January 29th. The financial services provider reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.38). First Northwest Bancorp had a negative return on equity of 1.86% and a negative net margin of 2.38%. 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 Down 0.6 %

FNWB stock opened at $9.70 on Thursday. The company’s 50-day simple moving average is $10.50 and its 200 day simple moving average is $10.54. First Northwest Bancorp has a 52 week low of $8.91 and a 52 week high of $12.10. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $91.58 million, a PE ratio of -27.71 and a beta of 0.81.

First Northwest Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Friday, February 14th. First Northwest Bancorp’s dividend payout ratio is presently -80.00%.

Analyst Ratings Changes

FNWB has been the topic of a number of analyst reports. Hovde Group began coverage on First Northwest Bancorp in a research report on Monday, January 13th. They issued an “outperform” rating and a $13.50 price target on the stock. StockNews.com started coverage on First Northwest Bancorp in a report on Wednesday, April 9th. They issued a “hold” rating on the stock. Finally, Piper Sandler lifted their target price on First Northwest Bancorp from $11.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd.

First Northwest Bancorp Company Profile

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.