First Northwest Bancorp (FNWB) Scheduled to Post Quarterly Earnings on Wednesday

First Northwest Bancorp (NASDAQ:FNWB) will announce its earnings results on Wednesday, April 24th.

First Northwest Bancorp (NASDAQ:FNWB) last released its earnings results on Thursday, January 25th. The financial services provider reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.22). The company had revenue of $11.27 million for the quarter, compared to the consensus estimate of $17.60 million. First Northwest Bancorp had a net margin of 2.18% and a return on equity of 4.81%. 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 Stock Performance

FNWB opened at $10.64 on Tuesday. The firm has a market cap of $100.44 million, a P/E ratio of 42.56 and a beta of 0.77. The business’s fifty day moving average is $14.71 and its 200-day moving average is $14.39. First Northwest Bancorp has a 52-week low of $9.94 and a 52-week high of $16.12. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.03 and a current ratio of 1.03.

Insider Activity at First Northwest Bancorp

In other First Northwest Bancorp news, EVP Terry A. Anderson sold 3,100 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $15.72, for a total transaction of $48,732.00. Following the completion of the transaction, the executive vice president now owns 16,677 shares of the company’s stock, valued at $262,162.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have acquired 2,099 shares of company stock valued at $33,020 over the last ninety days. 4.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FNWB shares. TheStreet downgraded shares of First Northwest Bancorp from a “c+” rating to a “d+” rating in a report on Thursday, January 25th. StockNews.com upgraded First Northwest Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, March 1st.

About First Northwest Bancorp

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.