A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
First Northwest Bancorp
FNWB
$104M
Mkt Cap
$11.95
+0.42%
First Northwest Bancorp (FNWB) has a 5-year average return on invested capital (ROIC) of 1.6%. This is below average and may indicate limited pricing power.
First Northwest Bancorp (FNWB) has a market capitalization of $114M. It is classified as a small-cap stock.
Yes, First Northwest Bancorp (FNWB) pays a dividend with a trailing twelve-month yield of 0.59%. The company also returns capital through share buybacks, with a buyback yield of 0.01%.
First Northwest Bancorp (FNWB) operates in the Savings Institutions, Not Federally Chartered industry, within the Financials sector.
First Northwest Bancorp (FNWB) reported annual revenue of $119 million in its most recent fiscal year, based on SEC EDGAR filings.
First Northwest Bancorp (FNWB) has a net profit margin of -3.5%. The company is currently unprofitable.
First Northwest Bancorp (FNWB) generated $-3 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
First Northwest Bancorp, a Washington corporation, is a bank holding company and a financial holding company. First Northwest is engaged in banking activities through its wholly owned subsidiary, First Fed Bank, as well as certain non-banking financial activities. Non-financial investments include several limited partnership investments, including a 33% interest in The Meriwether Group, LLC ("MWG"), a boutique investment bank focusing on providing entrepreneurs with resources to help them succeed, including equity and debt raising services along with strategic positioning of business through the United States. At December 31, 2024, the Company had total assets of $2.23 billion, net loans of $1.68 billion, total deposits of $1.69 billion, and total shareholders' equity of $153.9 million. The Company's business activities are generally focused on passive investment activities and oversight of the activities of First Fed.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 68M | 119M | 125M | 105M | 91M | 79M |
| Net Income | 4.9M | -4.2M | -6.6M | 2.3M | 16M | 15M |
| EPS | $0.51 | $-0.48 | $-0.75 | $0.26 | $1.71 | $1.63 |
| Free Cash Flow | 0 | -2.8M | 10M | 16M | 13M | 9.1M |
| ROIC | 6.2% | -2.7% | -4.2% | 1.4% | 7.9% | 5.7% |
| Gross Margin | - | 0.0% | - | - | - | - |
| Debt/Equity | 0.00 | 0.09 | 0.04 | 0.04 | 0.07 | 0.21 |
| Dividends/Share | $0.07 | $0.14 | $0.28 | $0.28 | $0.28 | $0.25 |
| Operating Income | 3.0M | 3.8M | -694K | 3.0M | 1.4M | 2.2M |
| Operating Margin | 4.4% | 3.2% | -0.6% | 2.9% | 1.5% | 2.7% |
| ROE | 3.1% | -2.7% | -4.2% | 1.4% | 8.8% | 7.9% |
| Shares Outstanding | 9M | 9M | 9M | 9M | 9M | 9M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 32M | 32M | 38M | 43M | 52M | 56M | 68M | 79M | 91M | 105M | 125M | 119M | 68M |
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 12M | 13M | 15M | 17M | 19M | 19M | 25M | 34M | 36M | 31M | 33M | 29M | 29M |
| EBIT | 291K | 348K | 437K | 6.8M | 8.7M | 11M | 849K | 2.2M | 1.4M | 3.0M | -694K | 3.8M | 3.0M |
| Op. Margin | 0.9% | 1.1% | 1.1% | 15.8% | 16.8% | 19.7% | 1.3% | 2.7% | 1.5% | 2.9% | -0.6% | 3.2% | 4.4% |
| Net Income | 2.7M | -5.1M | 4.0M | 5.1M | 7.1M | 9.0M | 10M | 15M | 16M | 2.3M | -6.6M | -4.2M | 4.9M |
| Net Margin | 8.5% | -15.8% | 10.4% | 11.9% | 13.7% | 16.0% | 14.9% | 18.8% | 17.1% | 2.2% | -5.3% | -3.5% | 7.2% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.9M | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 2.0% | -2.2% | 1.4% | 1.7% | 2.3% | 3.0% | 3.4% | 5.7% | 7.9% | 1.4% | -4.2% | -2.7% | 6.2% |
| ROE | 3.3% | -3.7% | 2.1% | 2.8% | 4.1% | 5.2% | 5.5% | 7.9% | 8.8% | 1.4% | -4.2% | -2.7% | 3.1% |
| ROA | 0.7% | -0.6% | 0.4% | 0.5% | 0.6% | 0.7% | 0.7% | 0.8% | 0.8% | 0.1% | -0.3% | -0.2% | 0.2% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 3.6M | -1.2M | 11M | 1.1M | 13M | 14M | 13M | 15M | 16M | 18M | 17M | -2.8M | 20M |
| Free Cash Flow | 1.6M | -2.4M | 8.5M | 179K | 10M | 14M | 11M | 9.1M | 13M | 16M | 10M | -2.8M | 0 |
| Owner Earnings | 2.5M | -2.1M | 9.5M | -1.1M | 11M | 12M | 11M | 11M | 12M | 15M | 15M | -4.7M | 18M |
| CapEx | 2.0M | 1.3M | 2.1M | 956K | 2.8M | 426K | 1.8M | 6.0M | 2.9M | 1.6M | 6.5M | 0 | 0 |
| Maint. CapEx | 1.1M | 973K | 1.1M | 1.2M | 1.3M | 1.3M | 1.4M | 1.4M | 2.0M | 1.6M | 1.4M | 1.2M | 1.2M |
| Growth CapEx | 843K | 293K | 939K | 0 | 1.5M | 0 | 443K | 4.6M | 954K | 0 | 5.1M | N/A | 0 |
| D&A | 1.1M | 973K | 1.1M | 1.2M | 1.3M | 1.3M | 1.4M | 1.4M | 2.0M | 1.6M | 1.4M | 1.2M | 1.2M |
| CapEx/OCF | N/A | N/A | 19.5% | 84.2% | 21.3% | 3.0% | 13.7% | 39.7% | 18.3% | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 335K | 1.4M | 2.2M | 2.5M | 2.8M | 2.7M | 2.6M | 1.3M | 669K |
| Dividend Yield | N/A | N/A | N/A | N/A | 0.2% | 1.0% | 2.0% | 1.7% | 1.8% | 2.5% | 2.6% | N/A | 0.6% |
| Share Buybacks | 0 | 0 | 5.5M | 17M | 10M | 7.8M | 7.4M | 6.0M | 5.4M | 1.1M | 4.1M | 0 | 17K |
| Buyback Yield | N/A | N/A | 3.3% | 10.3% | 7.1% | 4.9% | 5.3% | 3.3% | 4.1% | 0.8% | 4.3% | 0.0% | 0.0% |
| Stock-Based Comp | N/A | 0 | 0 | 977K | 1.1M | 1.1M | 1.3M | 2.3M | 1.6M | 1.4M | 957K | 733K | 645K |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 86M | -254M | -210M | -183M | -153M | -251M | -319M | -431M | -329M | -412M | -406M | -72M | -104M |
| Cash & Equiv. | 19M | 45M | 23M | 37M | 26M | 49M | 65M | 126M | 46M | 123M | 72M | 85M | 104M |
| Long-Term Debt | 105M | 90M | 81M | 144M | 137M | 113M | 110M | 39M | 0 | N/A | N/A | N/A | N/A |
| Debt/Equity | 1.30 | 0.47 | 0.43 | 0.81 | 0.79 | 0.64 | 0.59 | 0.21 | 0.07 | 0.04 | 0.04 | 0.09 | 0.00 |
| Interest Coverage | 0.1 | 0.1 | 0.1 | 2.3 | 2.0 | 2.0 | 0.1 | 0.4 | 0.1 | 0.1 | -0.0 | 0.0 | 0.0 |
| Equity | 81M | 191M | 190M | 177M | 172M | 177M | 186M | 191M | 162M | 163M | 154M | 157M | 157M |
| Total Assets | 795M | 937M | 1.0B | 1.2B | 1.3B | 1.3B | 1.7B | 1.9B | 2.0B | 2.2B | 2.2B | 2.1B | 2.1B |
| Total Liabilities | 714M | 746M | 820M | 1.0B | 1.1B | 1.1B | 1.5B | 1.7B | 1.9B | 2.0B | 2.1B | 2.0B | 2.0B |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 80M | 75M | 77M | 79M | 82M | 86M | 93M | 103M | 114M | 107M | 97M | 92M | 92M |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Per Share Data | |||||||||||||
| EPS | N/A | -0.42 | 0.33 | 0.46 | 0.68 | 0.91 | 1.07 | 1.63 | 1.71 | 0.26 | -0.75 | -0.48 | 0.51 |
| Owner EPS | N/A | -0.18 | 0.78 | -0.10 | 1.05 | 1.18 | 1.13 | 1.25 | 1.36 | 1.70 | 1.64 | -0.54 | 1.89 |
| Book Value | N/A | 15.73 | 15.69 | 15.91 | 16.49 | 17.85 | 19.85 | 20.87 | 17.82 | 18.67 | 17.44 | 18.01 | 16.52 |
| Cash Flow/Share | N/A | -0.10 | 0.87 | 0.10 | 1.28 | 1.42 | 1.41 | 1.66 | 1.75 | 2.04 | 1.91 | -0.32 | 0.64 |
| Dividends/Share | N/A | N/A | 0.00 | 0.00 | 0.03 | 0.13 | 0.21 | 0.25 | 0.28 | 0.28 | 0.28 | 0.14 | 0.07 |
| Shares Out. | N/A | 12.1M | 12.1M | 11.1M | 10.4M | 9.9M | 9.4M | 9.1M | 9.1M | 8.8M | 8.8M | 8.7M | 9.5M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | 42.3 | 31.5 | 19.9 | 17.8 | 13.4 | 11.7 | 8.4 | 62.4 | N/A | N/A | 23.3 |
| P/FCF | N/A | N/A | 19.8 | 900.7 | 13.4 | 11.7 | 11.8 | 18.7 | 9.7 | 8.2 | 8.6 | N/A | N/A |
| EV/EBIT | N/A | 689.6 | 571.2 | 25.6 | 15.7 | 12.1 | N/A | N/A | N/A | N/A | N/A | N/A | 3.2 |
| Price/Book | N/A | 0.8 | 0.9 | 0.9 | 0.8 | 0.9 | 0.7 | 0.9 | 0.8 | 0.9 | 0.6 | N/A | 0.7 |
| Price/Sales | N/A | 4.9 | 4.3 | 4.2 | 3.5 | 3.2 | 1.9 | 2.1 | 2.0 | 1.8 | 1.6 | N/A | 1.7 |
| FCF Yield | N/A | -1.6% | 5.0% | 0.1% | 7.4% | 8.5% | 8.2% | 5.1% | 9.9% | 11.4% | 11.0% | N/A | N/A |
| Market Cap | N/A | 150M | 169M | 161M | 141M | 160M | 139M | 180M | 131M | 143M | 94M | 0 | 114M |
| Avg. Price | N/A | 11.15 | 11.91 | 14.38 | 14.32 | 14.66 | 11.78 | 16.19 | 16.82 | 12.43 | 11.42 | 0.00 | 11.95 |
| Year-End Price | N/A | 12.37 | 13.97 | 14.49 | 13.50 | 16.17 | 14.38 | 18.66 | 13.89 | 15.24 | 10.06 | 0.00 | 11.95 |
First Northwest Bancorp passes 1 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 6.6x vs a median of 11.8x. The company's 5-year average ROIC is 1.6%. Total shareholder yield (dividends) is 0.6%. At current prices, the estimated annualized return to fair value is +5.7%.
First Northwest Bancorp (FNWB) has a debt-to-equity ratio of 0.09. This indicates a conservatively financed balance sheet.
First Northwest Bancorp (FNWB) reported earnings per share (EPS) of $-0.48 in its most recent fiscal year.
First Northwest Bancorp (FNWB) has a return on equity (ROE) of -2.7%. A negative ROE may indicate losses or negative equity.
The Ledger Terminal provides 13 years of financial data for First Northwest Bancorp (FNWB), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
First Northwest Bancorp (FNWB) has a book value per share of $18.01, based on its most recent annual SEC filing.
No recent press releases.