First Northwest Bancorp (FNWB) to Release Earnings on Thursday

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect First Northwest Bancorp to post earnings of $0.04 per share and revenue of $16.40 million for the quarter.

First Northwest Bancorp (NASDAQ:FNWB - Get Free Report) last issued its earnings results on Wednesday, January 29th. The financial services provider reported ($0.32) EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.38). First Northwest Bancorp had a negative net margin of 2.38% and a negative return on equity of 1.86%. On average, analysts expect First Northwest Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

First Northwest Bancorp Stock Up 1.3 %

NASDAQ:FNWB traded up $0.13 on Friday, hitting $9.83. The stock had a trading volume of 5,603 shares, compared to its average volume of 21,340. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.08. First Northwest Bancorp has a 52 week low of $8.91 and a 52 week high of $12.10. The business's fifty day moving average is $10.43 and its 200 day moving average is $10.53. The company has a market cap of $92.81 million, a PE ratio of -28.08 and a beta of 0.81.

First Northwest Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, February 14th. First Northwest Bancorp's dividend payout ratio is currently -80.00%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FNWB shares. StockNews.com started coverage on shares of First Northwest Bancorp in a research note on Thursday. They issued a "hold" rating on the stock. Hovde Group assumed coverage on shares of First Northwest Bancorp in a research report on Monday, January 13th. They issued an "outperform" rating and a $13.50 price target on the stock. Finally, Piper Sandler boosted their price objective on First Northwest Bancorp from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd.

About First Northwest Bancorp

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit.