First Financial Northwest (NASDAQ:FFNW) Announces Earnings Results

First Financial Northwest (NASDAQ:FFNW - Get Free Report) issued its quarterly earnings results on Tuesday. The bank reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.08, Zacks reports. First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%.

First Financial Northwest Stock Up 1.1 %

Shares of NASDAQ:FFNW traded up $0.23 during midday trading on Tuesday, hitting $21.48. The stock had a trading volume of 15,952 shares, compared to its average volume of 27,532. First Financial Northwest has a 12 month low of $20.10 and a 12 month high of $23.50. 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 simple moving average is $21.70 and its 200-day simple moving average is $22.10. The company has a market cap of $198.26 million, a P/E ratio of 195.29 and a beta of 0.53.

Wall Street Analyst Weigh In

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

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.