First Financial Northwest Past Earnings Performance

Past criteria checks 1/6

First Financial Northwest's earnings have been declining at an average annual rate of -2.3%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 2.6% per year. First Financial Northwest's return on equity is 1.9%, and it has net margins of 7.4%.

Key information

-2.3%

Earnings growth rate

0.3%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	2.6%
Return on equity	1.9%
Net Margin	7.4%
Last Earnings Update	31 Mar 2024

Recent past performance updates

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

Revenue & Expenses Breakdown
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How First Financial Northwest makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:FFNW Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	42	3	37
31 Dec 23	44	6	35
30 Sep 23	46	8	35
30 Jun 23	49	11	35
31 Mar 23	51	12	36
31 Dec 22	52	13	35
30 Sep 22	51	13	35
30 Jun 22	50	12	35
31 Mar 22	50	13	33
31 Dec 21	48	12	33
30 Sep 21	48	12	33
30 Jun 21	46	11	32
31 Mar 21	44	9	32
31 Dec 20	43	9	32
30 Sep 20	43	9	32
30 Jun 20	43	9	31
31 Mar 20	44	10	31
31 Dec 19	43	10	30
30 Sep 19	43	10	30
30 Jun 19	43	10	29
31 Mar 19	43	10	30
31 Dec 18	48	15	29
30 Sep 18	49	15	28
30 Jun 18	48	14	28
31 Mar 18	47	13	27
31 Dec 17	40	8	26
30 Sep 17	39	9	25
30 Jun 17	38	10	24
31 Mar 17	36	9	23
31 Dec 16	36	9	22
30 Sep 16	34	8	22
30 Jun 16	34	8	22
31 Mar 16	35	9	21
31 Dec 15	34	9	20
30 Sep 15	34	10	19
30 Jun 15	34	10	18
31 Mar 15	34	10	18
31 Dec 14	35	11	17
30 Sep 14	34	11	17
30 Jun 14	34	11	18
31 Mar 14	33	25	19
31 Dec 13	32	24	20
30 Sep 13	30	22	20
30 Jun 13	29	19	20

Quality Earnings: FFNW has high quality earnings.

Growing Profit Margin: FFNW's current net profit margins (7.4%) are lower than last year (23.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FFNW's earnings have declined by 2.3% per year over the past 5 years.

Accelerating Growth: FFNW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FFNW had negative earnings growth (-74.4%) over the past year, making it difficult to compare to the Banks industry average (-12.4%).

First Financial Northwest Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

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

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: EPS misses analyst expectations

Full year 2022 earnings: EPS misses analyst expectations

Recent updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

New minor risk - Dividend sustainability

First Financial Northwest, Inc., Annual General Meeting, May 23, 2024

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.13 per share

First Financial Northwest (NASDAQ:FFNW) Has Announced A Dividend Of $0.13

Fourth quarter dividend of US$0.13 announced

First Financial Northwest, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024

Consensus EPS estimates fall by 38%

Consensus EPS estimates fall by 29%

New minor risk - Profit margin trend

Price target increased by 14% to US$16.75

Investor sentiment improves as stock rises 46%

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

Revenue & Expenses Breakdown
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