First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States.
No risks detected for FNWB from our risk checks.
Flawless balance sheet with proven track record.
Share Price & News
How has First Northwest Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FNWB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FNWB underperformed the US Banks industry which returned 12.1% over the past year.
Return vs Market: FNWB underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is First Northwest Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StBe Sure To Check Out First Northwest Bancorp (NASDAQ:FNWB) Before It Goes Ex-Dividend
2 weeks ago | Simply Wall StHow Much Are First Northwest Bancorp (NASDAQ:FNWB) Insiders Taking Off The Table?
1 month ago | Simply Wall StShould First Northwest Bancorp (NASDAQ:FNWB) Be Disappointed With Their 12% Profit?
Is First Northwest Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FNWB ($16.96) is trading above our estimate of fair value ($3.6)
Significantly Below Fair Value: FNWB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FNWB is poor value based on its PE Ratio (18.4x) compared to the Banks industry average (12.6x).
PE vs Market: FNWB is poor value based on its PE Ratio (18.4x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FNWB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FNWB is good value based on its PB Ratio (0.9x) compared to the US Banks industry average (1.2x).
How is First Northwest Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as First Northwest Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has First Northwest Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FNWB has high quality earnings.
Growing Profit Margin: FNWB's current net profit margins (20.4%) are higher than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: FNWB's earnings have grown significantly by 45% per year over the past 5 years.
Accelerating Growth: FNWB's earnings growth over the past year (26.9%) is below its 5-year average (45% per year).
Earnings vs Industry: FNWB earnings growth over the past year (26.9%) exceeded the Banks industry 12.1%.
Return on Equity
High ROE: FNWB's Return on Equity (5.1%) is considered low.
Return on Assets
Return on Capital Employed
How is First Northwest Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FNWB has a low level of unsold assets or inventory.
Debt Coverage by Assets: FNWB's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: FNWB's level of assets compared to its equity is low.
Allowance for Bad Loans: FNWB has a sufficient allowance for bad loans.
Low Risk Liabilities: FNWB's liabilities are made up of primarily low risk sources of funding.
Loan Level: FNWB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FNWB's loans are broadly funded by customer deposits.
Level of Bad Loans: FNWB has an appropriate level of bad loans (0.2%)
What is First Northwest Bancorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase First Northwest Bancorp before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FNWB's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FNWB's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether FNWB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if FNWB's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.1%), FNWB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Deines (46yo)
Mr. Matthew P. Deines, also known as Matt, serves as President, Chief Executive Officer & Director at First Northwest Bancorp since December 5, 2019. He is President and Chief Executive Officer of First Fe ...
|Executive VP||6.9yrs||US$262.66k||0.36% $602.9k|
|President||1.2yrs||no data||0.42% $712.3k|
|Executive VP||1.3yrs||no data||0.24% $403.8k|
|VP & Ops. Electronic Delivery Manager - First Federal Savings and Loan Association of Port Angeles||0yrs||no data||no data|
|VP and Bus. Intell. & Sys. App. Mngr. - First Federal Savings and Loan Association of Port Angeles||0yrs||no data||no data|
|VP & Retail Operations Manager - First Federal Savings and Loan Association of Port Angeles||0yrs||no data||no data|
|VP & Loan Operations Manager - First Federal Savings and Loan Association of Port Angeles||0yrs||no data||no data|
|VP and Org. Learning & Dev. Manager - First Federal Savings and Loan Association of Port Angeles||0yrs||no data||no data|
|VP & Controller of First Federal Savings & Loan Association of Port Angeles||0yrs||no data||no data|
|VP & Facilities Manager - First Federal Savings and Loan Association of Port Angeles||0yrs||no data||no data|
Experienced Management: FNWB's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|President||1.2yrs||no data||0.42% $712.3k|
|Chairman of the Board||5.1yrs||US$40.20k||0.23% $390.3k|
|Vice Chairman of the Board||6.3yrs||US$35.21k||0.25% $421.8k|
|Independent Director||8.1yrs||US$37.00k||0.27% $461.3k|
|Independent Director||18.1yrs||US$37.05k||0.20% $331.0k|
|Independent Director||9.1yrs||US$35.89k||0.32% $530.8k|
|Independent Director||4.3yrs||US$32.89k||0.14% $237.4k|
|Independent Director||6.3yrs||US$32.89k||0.26% $442.2k|
|Independent Director||6.1yrs||US$32.07k||0.22% $372.7k|
Experienced Board: FNWB's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FNWB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Northwest Bancorp's company bio, employee growth, exchange listings and data sources
- Name: First Northwest Bancorp
- Ticker: FNWB
- Exchange: NasdaqGM
- Founded: 1923
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$168.362m
- Shares outstanding: 9.93m
- Website: https://www.ourfirstfed.com
Number of Employees
- First Northwest Bancorp
- 105 West 8th Street
- Port Angeles
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FNWB||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jan 2015|
|45I||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 2015|
First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit. Its lending activities comprise one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and commercial business loans, as well as consumer loans primarily consisting of automobile loans, and home-equity loans and lines of credit. The company operates through 13 banking locations, which include 10 full-service banking offices; 2 banking locations primarily serving its customers through interactive teller machines; and 1 home lending center. First Northwest Bancorp was founded in 1923 and is based in Port Angeles, Washington.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:37|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.