First Financial Northwest (Nasdaq:FFNW) - Stock Price, News & Analysis

FFNW Stock Overview

First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington.

About the company

FFNW fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 39.2% below our estimate of its fair value

Pays a reliable dividend of 4.25%

Risk Analysis

Earnings are forecast to decline by an average of 13% per year for the next 3 years

First Financial Northwest, Inc. Competitors

Ohio Valley Banc

NasdaqGM:OVBC

US$111.3m

BankFinancial

NasdaqGS:BFIN

US$113.4m

FS Bancorp

OTCPK:FXLG

US$107.5m

CB Financial Services

NasdaqGM:CBFV

US$113.9m

Price History & Performance

Summary of all time highs, changes and price drops for First Financial Northwest
Historical stock prices
Current Share Price	US$12.24
52 Week High	US$15.40
52 Week Low	US$9.70
Beta	0.44
1 Month Change	11.99%
3 Month Change	-2.16%
1 Year Change	-18.94%
3 Year Change	9.58%
5 Year Change	-20.26%
Change since IPO	4.35%

Recent updates

First Financial Northwest GAAP EPS of $0.31 beats by $0.01, revenue of $12.78M beats by $1.31M

Jul 28

First Financial Northwest (NASDAQ:FFNW) Has Announced A Dividend Of US$0.12

May 20

First Financial Northwest (NASDAQ:FFNW) Is Paying Out A Larger Dividend Than Last Year

Feb 19

First Financial Northwest's (NASDAQ:FFNW) Dividend Will Be US$0.11

Nov 19

First Financial Northwest: An Interesting Little Bank To Keep An Eye On

Aug 28

First Financial Northwest (NASDAQ:FFNW) Will Pay A Dividend Of US$0.11

Aug 19

Should Shareholders Reconsider First Financial Northwest, Inc.'s (NASDAQ:FFNW) CEO Compensation Package?

Jun 03

First Financial Northwest EPS beats by $0.03, beats on revenue

Apr 27

Should First Financial Northwest, Inc. (NASDAQ:FFNW) Be Part Of Your Dividend Portfolio?

Apr 10

First Financial Northwest, Inc. (NASDAQ:FFNW) Looks Interesting, And It's About To Pay A Dividend

Mar 06

First Financial Northwest (NASDAQ:FFNW) Share Prices Have Dropped 16% In The Last Three Years

Mar 04

What Type Of Shareholders Make Up First Financial Northwest, Inc.'s (NASDAQ:FFNW) Share Registry?

Jan 28

Three Things You Should Check Before Buying First Financial Northwest, Inc. (NASDAQ:FFNW) For Its Dividend

Dec 24

First Financial Northwest launches new share repurchase plan

Dec 21

First Financial Northwest (NASDAQ:FFNW) Could Be A Buy For Its Upcoming Dividend

Nov 28

Shareholder Returns

	FFNW	US Banks	US Market
7D	5.0%	4.3%	1.1%
1Y	-18.9%	-6.3%	11.7%

Return vs Industry: FFNW underperformed the US Banks industry which returned -6.3% over the past year.

Return vs Market: FFNW underperformed the US Market which returned 11.7% over the past year.

Price Volatility

Is FFNW's price volatile compared to industry and market?
FFNW volatility
FFNW Average Weekly Movement	4.6%
Banks Industry Average Movement	4.6%
Market Average Movement	6.1%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	2.9%

Stable Share Price: FFNW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FFNW's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1923	151	Joe Kiley	https://www.ffnwb.com

First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market accounts, statement savings accounts, and certificates of deposit. Its loan products comprise one-to-four family residential loans; multifamily and commercial real estate loans; construction/land loans for the construction of single-family residences, condominiums, townhouses, multifamily properties, and residential developments; business loans; and consumer loans, such as home equity loans and savings account loans.

First Financial Northwest, Inc. Fundamentals Summary

How do First Financial Northwest's earnings and revenue compare to its market cap?
FFNW fundamental statistics
Market Cap	US$112.02m
Earnings (TTM)	US$8.31m
Revenue (TTM)	US$46.28m

13.5x

P/E Ratio

0.7x

P/B Ratio

Is FFNW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FFNW income statement (TTM)
Revenue	US$46.28m
Cost of Revenue	US$0
Gross Profit	US$46.28m
Other Expenses	US$37.97m
Earnings	US$8.31m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.91
Gross Margin	100.00%
Net Profit Margin	17.96%
Debt/Equity Ratio	78.5%

How did FFNW perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

56%

Payout Ratio

Does FFNW pay a reliable dividends?

See FFNW dividend history and benchmarks

When do you need to buy FFNW by to receive an upcoming dividend?
First Financial Northwest dividend dates
Ex Dividend Date	Dec 07 2023
Dividend Pay Date	Dec 22 2023
Days until Ex dividend	3 days
Days until Dividend pay date	18 days

Does FFNW pay a reliable dividends?

See FFNW dividend history and benchmarks

FFNW Stock Overview

Rewards

Risk Analysis

First Financial Northwest, Inc. Competitors

NasdaqGM:OVBC

US$111.3m

NasdaqGS:BFIN

US$113.4m

OTCPK:FXLG

US$107.5m

NasdaqGM:CBFV

US$113.9m

Price History & Performance

Recent News & Updates

Upcoming dividend of US$0.13 per share at 4.3% yield

Price target decreased by 7.4% to US$14.00

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on December 22, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Market cap size

President exercised options to buy US$102k worth of stock.

Recent updates

Upcoming dividend of US$0.13 per share at 4.3% yield

Price target decreased by 7.4% to US$14.00

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on December 22, 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New minor risk - Market cap size

President exercised options to buy US$102k worth of stock.

Upcoming dividend of US$0.13 per share at 4.2% yield

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on September 22, 2023

Consensus EPS estimates fall by 16%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.13 per share at 5.1% yield

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on June 23, 2023

Investor sentiment deteriorates as stock falls 17%

Consensus EPS estimates fall by 29%

Price target decreased by 9.9% to US$15.88

Insufficient new directors

Now 20% undervalued after recent price drop

Full year 2022 earnings: EPS misses analyst expectations

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.13 per share at 3.4% yield

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 14%, revenue upgraded

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on March 24, 2023

Full year 2022 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.12 per share

First Financial Northwest (NASDAQ:FFNW) Has Affirmed Its Dividend Of $0.12

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on December 16, 2022

Consensus forecasts updated

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

First Financial Northwest authorizes 5% buyback

Senior VP & Chief Credit Officer exercised options and sold US$187k worth of stock

Upcoming dividend of US$0.12 per share

First Financial Northwest (NASDAQ:FFNW) Will Pay A Dividend Of $0.12

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on September 16, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

First Financial Northwest GAAP EPS of $0.31 beats by $0.01, revenue of $12.78M beats by $1.31M

Executive VP notifies of intention to sell stock

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.12 per share

First Financial Northwest (NASDAQ:FFNW) Has Announced A Dividend Of US$0.12

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on June 17, 2022

Consensus EPS estimates increase by 13%

First quarter 2022 earnings: EPS exceeds analyst expectations

First Financial Northwest, Inc., Annual General Meeting, Jun 08, 2022

Now 22% undervalued

Full year 2021 earnings: EPS misses analyst expectations

Now 21% undervalued

Upcoming dividend of US$0.12 per share

First Financial Northwest (NASDAQ:FFNW) Is Paying Out A Larger Dividend Than Last Year

First Financial Northwest, Inc. Announces Quarterly Cash Dividend, Payable on March 25, 2022

Full year 2021 earnings: EPS misses analyst expectations

President exercised options and sold US$163k worth of stock

Upcoming dividend of US$0.11 per share

First Financial Northwest's (NASDAQ:FFNW) Dividend Will Be US$0.11

Third quarter 2021 earnings released: EPS US$0.34 (vs US$0.21 in 3Q 2020)

Price target increased to US$17.92

First Financial Northwest: An Interesting Little Bank To Keep An Eye On

Upcoming dividend of US$0.11 per share

First Financial Northwest (NASDAQ:FFNW) Will Pay A Dividend Of US$0.11