First Northwest Bancorp Management

Management criteria checks 4/4

First Northwest Bancorp's CEO is Matt Deines, appointed in Dec 2018, has a tenure of 5.33 years. total yearly compensation is $598.64K, comprised of 82.6% salary and 17.4% bonuses, including company stock and options. directly owns 1.2% of the company’s shares, worth $1.12M. The average tenure of the management team and the board of directors is 4.7 years and 6.4 years respectively.

Key information

Matt Deines

Chief executive officer

US$598.6k

Total compensation

CEO salary percentage	82.6%
CEO tenure	5.3yrs
CEO ownership	1.2%
Management average tenure	4.7yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

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

Should You Take Comfort From Insider Transactions At First Northwest Bancorp (NASDAQ:FNWB)?

Dec 03

First Northwest Bancorp reports Q3 results

Oct 28

CEO Compensation Analysis

How has Matt Deines's remuneration changed compared to First Northwest Bancorp's earnings?
Date	Total Compensation	Salary	Company Earnings
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 ($USD598.64K) is about average for companies of similar size in the US market ($USD668.06K).

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

CEO

Matt Deines (50 yo)

5.3yrs

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	5.3yrs	US$598.64k	1.2% $ 1.1m
Christopher Riffle	Chief Strategy Officer & General Counsel	6.6yrs	US$380.22k	0.45% $ 420.7k
Christopher Neros	Executive VP & Chief Banking Officer - First Fed Bank	no data	US$396.79k	0.15% $ 141.6k
Geraldine Bullard	Executive VP	4.1yrs	US$410.27k	0.32% $ 304.2k
David Edelstein	Chief Innovation Officer	no data	no data	no data
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

4.7yrs

Average Tenure

50yo

Average Age

Experienced Management: FNWB's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Deines	President	4.3yrs	US$598.64k	1.2% $ 1.1m
Sean Brennan	Director	less than a year	no data	no data
Cindy Hill-Finnie	Independent Chairman of the board	12.3yrs	US$86.33k	0.42% $ 396.6k
Jennifer Zaccardo	Independent Director	13.3yrs	US$72.33k	0.44% $ 410.9k
Dana Behar	Independent Director	8.4yrs	US$68.03k	0.63% $ 594.1k
Norman Tonina	Independent Director	10.5yrs	US$72.10k	0.40% $ 378.1k
Craig Curtis	Independent Director	10.3yrs	US$67.69k	0.32% $ 297.8k
Sherilyn Anderson	Independent Vice Chairman of Board	3.6yrs	US$74.10k	0.11% $ 107.5k
Gabriel Galanda	Independent Director	2.6yrs	US$62.36k	0.078% $ 73.0k
Lynn Terwoerds	Independent Director	1.3yrs	US$107.86k	0.073% $ 68.8k

6.4yrs

Average Tenure

61.5yo

Average Age

Experienced Board: FNWB's board of directors are considered experienced (6.4 years average tenure).

First Northwest Bancorp Management

Management criteria checks 4/4

Key information

Recent management updates

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

First Fed Bank Appoints Lynn Terwoerds to Board of Directors

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

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

Recent updates

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

Upcoming dividend of US$0.07 per share

Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.40 in 3Q 2020)

Upcoming dividend of US$0.06 per share

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

Second quarter 2021 earnings released: EPS US$0.33 (vs US$0.21 in 2Q 2020)

First Northwest Bancorp(NasdaqGM:FNWB) dropped from Russell 3000E Value Index

Upcoming dividend of US$0.06 per share

First quarter 2021 earnings released: EPS US$0.34 (vs US$0.091 in 1Q 2020)

First Northwest Bancorp Declares Quarterly Dividend, Payable on May 28, 2021

First Northwest Bancorp declares $0.06 dividend

First Northwest Bancorp announced that it has received $40 million in funding

Full year 2020 earnings released: EPS US$1.11 (vs US$0.92 in FY 2019)