First Northwest Bancorp Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Matt Deines

Chief executive officer

US$598.6k

Total compensation

CEO salary percentage	82.6%
CEO tenure	6yrs
CEO ownership	1.4%
Management average tenure	5.4yrs
Board average tenure	5yrs

Recent management updates

Shareholders May Be Wary Of Increasing First Northwest Bancorp's (NASDAQ:FNWB) CEO Compensation Package

May 24

Recent updates

First Northwest Bancorp (NASDAQ:FNWB) Has Announced A Dividend Of $0.07

Oct 31

First Northwest Bancorp (NASDAQ:FNWB) Has Announced A Dividend Of $0.07

Jul 29

Shareholders May Be Wary Of Increasing First Northwest Bancorp's (NASDAQ:FNWB) CEO Compensation Package

May 24

First Northwest Bancorp GAAP EPS of $0.27 misses by $0.08, revenue of $19.46M beats by $0.13M

Jul 27

First Northwest Bancorp Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Jan 28

First Northwest Bancorp (NASDAQ:FNWB) Is Due To Pay A Dividend Of US$0.06

Aug 01

First Northwest Bancorp declares $0.06 dividend

Apr 28

I Ran A Stock Scan For Earnings Growth And First Northwest Bancorp (NASDAQ:FNWB) Passed With Ease

Mar 13

What Makes First Northwest Bancorp (NASDAQ:FNWB) A Great Dividend Stock?

Jan 25

Is First Northwest Bancorp (NASDAQ:FNWB) Popular Amongst Institutions?

Dec 29

CEO Compensation Analysis

How has Matt Deines's remuneration changed compared to First Northwest Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$9m
Jun 30 2024	n/a	n/a	-US$5m
Mar 31 2024	n/a	n/a	-US$838k
Dec 31 2023	US$599k	US$494k	US$2m
Sep 30 2023	n/a	n/a	US$14m
Jun 30 2023	n/a	n/a	US$16m
Mar 31 2023	n/a	n/a	US$16m
Dec 31 2022	US$721k	US$447k	US$16m
Sep 30 2022	n/a	n/a	US$14m
Jun 30 2022	n/a	n/a	US$14m
Mar 31 2022	n/a	n/a	US$15m
Dec 31 2021	US$787k	US$364k	US$15m
Sep 30 2021	n/a	n/a	US$13m
Jun 30 2021	n/a	n/a	US$13m
Mar 31 2021	n/a	n/a	US$12m
Dec 31 2020	US$746k	US$335k	US$10m
Sep 30 2020	n/a	n/a	US$9m
Jun 30 2020	n/a	n/a	US$8m
Mar 31 2020	n/a	n/a	US$8m
Dec 31 2019	US$649k	US$168k	US$9m

Compensation vs Market: Matt's total compensation ($USD598.64K) is about average for companies of similar size in the US market ($USD650.40K).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.

CEO

Matt Deines (51 yo)

6yrs

Tenure

US$598,644

Compensation

Mr. Matthew P. Deines, also known as Matt, was elected President and Chief Executive Officer of First Fed Bank on August 1, 2019. He serves as President, CEO and Director at First Northwest Bancorp (former...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Deines	President	6yrs	US$598.64k	1.37% $ 1.2m
Christopher Riffle	Chief Strategy Officer & General Counsel	7.3yrs	US$380.22k	0.45% $ 395.6k
Christopher Neros	Executive VP & Chief Banking Officer - First Fed Bank	no data	US$396.79k	0.14% $ 127.0k
Geraldine Bullard	Executive VP	4.8yrs	US$410.27k	0.32% $ 279.9k
David Edelstein	Chief Innovation Officer	less than a year	no data	0.086% $ 75.5k
Kyle Henderson	Chief Credit Officer	no data	no data	0.033% $ 29.1k
Allison Mahaney	SVP, General Counsel & Corporate Secretary	no data	no data	no data
Benjamin Spicer	VP & Human Resources Manager - First Federal Savings and Loan Association of Port Angeles	no data	no data	no data

5.4yrs

Average Tenure

51yo

Average Age

Experienced Management: FNWB's management team is seasoned and experienced (5.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Deines	President	5yrs	US$598.64k	1.37% $ 1.2m
Sean Brennan	Director	less than a year	no data	0.10% $ 91.7k
Cindy Hill-Finnie	Independent Chairman of the board	12.9yrs	US$86.33k	0.43% $ 372.9k
Dana Behar	Independent Director	9.1yrs	US$68.03k	1.56% $ 1.4m
Norman Tonina	Independent Director	11.2yrs	US$72.10k	0.41% $ 355.5k
Craig Curtis	Independent Director	10.9yrs	US$67.69k	0.32% $ 280.0k
Sherilyn Anderson	Independent Vice Chairman of Board	4.3yrs	US$74.10k	0.12% $ 102.6k
Gabriel Galanda	Independent Director	3.3yrs	US$62.36k	0.078% $ 68.6k
Lynn Terwoerds	Independent Director	1.9yrs	US$107.86k	0.10% $ 89.0k

5.0yrs

Average Tenure

62yo

Average Age

Experienced Board: FNWB's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 16:02
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Northwest Bancorp is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nathan Race	Piper Sandler Companies

First Northwest Bancorp Management

Management criteria checks 4/4

Key information

Recent management updates

First Northwest Bancorp and First Fed Announce the Retirement of Jennifer Zaccardo from Boards of Directors

Shareholders May Be Wary Of Increasing First Northwest Bancorp's (NASDAQ:FNWB) CEO Compensation Package

Independent Director recently bought US$840k worth of stock

First Northwest Bancorp, Annual General Meeting, May 30, 2024

Chief Digital Officer & General Counsel recently sold US$78k worth of stock

Independent Director recently bought US$210k worth of stock

Recent updates

First Northwest Bancorp (NASDAQ:FNWB) Has Announced A Dividend Of $0.07

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on November 22, 2024

First Northwest Bancorp (NASDAQ:FNWB) Has Announced A Dividend Of $0.07

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on August 23, 2024

First Northwest Bancorp and First Fed Announce the Retirement of Jennifer Zaccardo from Boards of Directors

Shareholders May Be Wary Of Increasing First Northwest Bancorp's (NASDAQ:FNWB) CEO Compensation Package

Independent Director recently bought US$840k worth of stock

Price target decreased by 25% to US$12.00

Now 21% undervalued after recent price drop

First quarter dividend of US$0.07 announced

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on May 24, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

First Northwest Bancorp, Annual General Meeting, May 30, 2024

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 21%

Now 23% undervalued after recent price drop

Full year 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 33%

Upcoming dividend of US$0.07 per share at 1.9% yield

Fourth quarter dividend of US$0.07 announced

Full year 2023 earnings: EPS and revenues miss analyst expectations

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on February 23, 2024

Chief Digital Officer & General Counsel recently sold US$78k worth of stock

Price target decreased by 7.0% to US$13.25

Upcoming dividend of US$0.07 per share at 2.2% yield

First Northwest Bancorp to Report Q3, 2023 Results on Oct 26, 2023

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

Upcoming dividend of US$0.07 per share at 2.1% yield

First Northwest Bancorp (NASDAQ:FNWB) Will Pay A Dividend Of $0.07

Price target decreased by 12% to US$13.25

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

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on August 25, 2023

Price target decreased by 9.4% to US$14.50

Independent Director recently bought US$210k worth of stock

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.07 per share at 2.6% yield

Price target decreased by 8.6% to US$16.00

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of US$0.07 per share at 1.9% yield

First Northwest Bancorp's (NASDAQ:FNWB) Dividend Will Be $0.07

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on February 24, 2023

Full year 2022 earnings: EPS and revenues exceed analyst expectations

First Fed Bank Appoints Lynn Terwoerds to Board of Directors

Price target decreased to US$18.50

First Northwest Bancorp (NASDAQ:FNWB) Is Paying Out A Dividend Of $0.07

Upcoming dividend of US$0.07 per share

Price target decreased to US$18.50

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on November 25, 2022

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

First Northwest Bancorp goes ex dividend tomorrow

Upcoming dividend of US$0.07 per share

Second quarter 2022 earnings: EPS misses analyst expectations

First Northwest Bancorp Declares Quarterly Cash Dividend, Payable on August 26, 2022

First Northwest Bancorp GAAP EPS of $0.27 misses by $0.08, revenue of $19.46M beats by $0.13M

First Northwest Bancorp Announces the Resignation of Kelly A. Liske, Chief Banking Officer, Effective June 30, 2022

Price target decreased to US$22.75

Upcoming dividend of US$0.07 per share

First Northwest Bancorp Declares Quarterly Dividend, Payable on May 27, 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target increased to US$28.00

First Northwest Bancorp, Annual General Meeting, May 24, 2022

Price target increased to US$28.00

Upcoming dividend of US$0.07 per share

Consensus EPS estimates increase by 21%

Price target increased to US$24.50

First Northwest Bancorp Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Price target increased to US$21.75