FY2025 Earnings Forecast for FFNW Issued By DA Davidson

First Financial Northwest, Inc. (NASDAQ:FFNW - Free Report) - DA Davidson reduced their FY2025 earnings per share estimates for First Financial Northwest in a note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the bank will earn $0.18 per share for the year, down from their previous estimate of $0.20. The consensus estimate for First Financial Northwest's current full-year earnings is $0.09 per share.

Separately, StockNews.com downgraded shares of First Financial Northwest from a "hold" rating to a "sell" rating in a report on Tuesday, October 29th.

First Financial Northwest Stock Performance

Shares of First Financial Northwest stock traded up $0.04 during trading on Friday, reaching $21.33. The company's stock had a trading volume of 56,844 shares, compared to its average volume of 38,029. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.62. The business's 50-day moving average price is $22.45 and its 200-day moving average price is $22.05. First Financial Northwest has a 52 week low of $13.16 and a 52 week high of $23.50. The firm has a market cap of $196.88 million, a PE ratio of 193.93 and a beta of 0.52.

First Financial Northwest (NASDAQ:FFNW - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The bank reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.14). The firm had revenue of $20.09 million during the quarter, compared to the consensus estimate of $9.49 million. First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%. During the same quarter last year, the firm earned $0.16 earnings per share.

Institutional Trading of First Financial Northwest

Large investors have recently modified their holdings of the stock. MetLife Investment Management LLC raised its stake in First Financial Northwest by 129.0% in the third quarter. MetLife Investment Management LLC now owns 4,113 shares of the bank's stock valued at $93,000 after purchasing an additional 2,317 shares in the last quarter. Rhumbline Advisers acquired a new position in shares of First Financial Northwest in the 2nd quarter valued at approximately $188,000. Barclays PLC raised its position in shares of First Financial Northwest by 272.9% in the 3rd quarter. Barclays PLC now owns 9,140 shares of the bank's stock valued at $206,000 after buying an additional 6,689 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Financial Northwest by 9.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 11,986 shares of the bank's stock worth $253,000 after acquiring an additional 1,069 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC acquired a new stake in shares of First Financial Northwest during the 3rd quarter worth approximately $312,000. 55.00% of the stock is owned by institutional investors and hedge funds.

First Financial Northwest Company Profile

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, savings accounts, and certificates of deposit.