Financial Services -
Banks - Regional - NASDAQ - US
$ 22.41
-0.356 %
$ 207 M
Market Cap
186.75
P/E
1. INTRINSIC VALUE
Balance Sheet
First Financial Northwest, Inc.
| Current Assets | 1.16 B |
| Cash & Short-Term Investments | 9.54 M |
| Receivables | 1.15 B |
| Other Current Assets | 0 |
| Non-Current Assets | 24.3 M |
| Long-Term Investments | 0 |
| PP&E | 20.5 M |
| Other Non-Current Assets | 3.77 M |
| Current Liabilities | 526 K |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 526 K |
| Non-Current Liabilities | 1.26 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.26 B |
EFFICIENCY
Earnings Waterfall
First Financial Northwest, Inc.
| Revenue | 37.6 M |
| Cost Of Revenue | 0 |
| Gross Profit | 37.6 M |
| Operating Expenses | 36 M |
| Operating Income | 1.58 M |
| Other Expenses | 506 K |
| Net Income | 1.07 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
First Financial Northwest, Inc.
| Net Income | 1.07 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | -1.95 M |
| Free Cash Flow | -894 K |
Wall Street Analysts Price Targets
First Financial Northwest, Inc.
Wall Street analysts predict an average 1-year price target for FFNW of $23.5 , with forecasts ranging from
a
low of
$23.5 to a high of $23.5 .
FFNW Lowest Price Target
Wall Street Target
23.5 USD
4.86%
FFNW Average Price Target
Wall Street Target
23.5 USD
4.86%
FFNW Highest Price Target
Wall Street Target
23.5 USD
4.86%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.13 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
First Financial Northwest, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Global Federal Credit Union and First Financial Northwest, Inc. Announce Expected Closing Date for Transaction
ANCHORAGE, Alaska and RENTON, Wash., March 14, 2025 (GLOBE NEWSWIRE) -- Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), jointly announced today they have set the expected closing date for Global's acquisition of substantially all of the assets and assumption of substantially all of the liabilities (including deposit liabilities) of the Bank (the “Asset Sale”), on the terms and subject to the conditions of the Purchase and Assumption Agreement, dated as of January 10, 2024, by and among the Company, the Bank and Global (the “Agreement”). The Asset Sale is expected to be completed on April 11, 2025, subject to the satisfaction or waiver of the remaining closing conditions set forth in the Agreement.
globenewswire.com
- 1 month ago
Global Credit Union and First Financial Northwest, Inc. Announce Receipt of Final Regulatory Approval for Transaction
ANCHORAGE, Alaska and RENTON, Wash., March 12, 2025 (GLOBE NEWSWIRE) -- Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), jointly announced today that Global received the required regulatory approval from the National Credit Union Administration (“NCUA”) for its acquisition of substantially all of the assets and assumption of substantially all of the liabilities (including deposit liabilities) of the Bank (the “Asset Sale”), on the terms and subject to the conditions of the Purchase and Assumption Agreement, dated as of January 10, 2024, by and among the Company, the Bank and Global (the “Agreement”). The Bank previously received and has maintained approvals from the Federal Deposit Insurance Corporation and Washington State Department of Financial Institutions.
globenewswire.com
- 1 month ago
First Financial Northwest (FFNW) Beats Q4 Earnings Estimates
First Financial Northwest (FFNW) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.13 per share a year ago.
zacks.com
- 2 months ago
First Financial Northwest, Inc. Reports Net Income of $1.2 Million or $0.13 per Diluted Share for the Fourth Quarter and $1.1 Million or $0.12 per Diluted Share for the Year Ended December 31, 2024
RENTON, Wash., Jan. 28, 2025 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income for the quarter ended December 31, 2024, of $1.2 million, or $0.13 per diluted share, compared to a net loss of $608,000, or $(0.07) per diluted share, for the quarter ended September 30, 2024, and net income of $1.2 million, or $0.13 per diluted share, for the quarter ended December 31, 2023. For the twelve months ended December 31, 2024, the Company reported net income of $1.1 million, or $0.12 per diluted share, compared to net income of $6.3 million, or $0.69 per diluted share, for the year ended December 31, 2023.
globenewswire.com
- 2 months ago
First Financial Northwest (FFNW) Reports Q3 Loss, Lags Revenue Estimates
First Financial Northwest (FFNW) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.16 per share a year ago.
zacks.com
- 5 months ago
First Financial Northwest, Inc. Reports Third Quarter 2024 Results
RENTON, Wash., Oct. 29, 2024 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported a net loss of $608,000, or $(0.07) per diluted share, for the quarter ended September 30, 2024, compared to net income of $1.6 million, or $0.17 per diluted share, for the quarter ended June 30, 2024, and net income of $1.5 million, or $0.16 per diluted share, for the quarter ended September 30, 2023. For the nine months ended September 30, 2024, the Company reported a net loss of $128,000, or $(0.01) per diluted share, compared to net income of $5.1 million, or $0.56 per diluted share, for the comparable period in 2023.
globenewswire.com
- 5 months ago
First Financial Northwest (FFNW) Expected to Beat Earnings Estimates: Should You Buy?
First Financial (FFNW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 6 months ago
Best Momentum Stocks to Buy for September 24th
IDR, FFNW and FMBH made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 24, 2024.
zacks.com
- 6 months ago
First Financial Northwest, Inc. Announces Receipt of Federal Deposit Insurance Corporation Approval for Transaction with Global Credit Union
RENTON, Wash., Aug. 12, 2024 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), announced today that they received the required regulatory approval from the Federal Deposit Insurance Corporation (“FDIC”) for Global Federal Credit Union (“Global”) to acquire substantially all of the assets and assume substantially all of the liabilities (including deposit liabilities) of the Bank (the “Asset Sale”), on the terms and subject to the conditions of the Purchase and Assumption Agreement, dated as of January 10, 2024, by and among the Company, the Bank and Global. The Company previously announced that the Bank had received approval from the Washington State Department of Financial Institutions. The Company shareholders approved the transaction at a special meeting of shareholders held on July 19, 2024.
globenewswire.com
- 8 months ago
First Financial Northwest (FFNW) Beats Q2 Earnings and Revenue Estimates
First Financial Northwest (FFNW) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.16 per share a year ago.
zacks.com
- 8 months ago
First Financial Northwest, Inc. Reports Net Income of $1.6 Million or $0.17 Per Diluted Share for the Second Quarter Ended June 30, 2024
RENTON, Wash., July 25, 2024 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income of $1.6 million, or $0.17 per diluted share, for the quarter ended June 30, 2024, compared to a net loss of $1.1 million, or $(0.12) per diluted share, for the quarter ended March 31, 2024, and net income of $1.5 million, or $0.16 per diluted share, for the quarter ended June 30, 2023. For the six months ended June 30, 2024, net income was $480,000, or $0.05 per diluted share, compared to net income of $3.6 million, or $0.39 per diluted share, for the comparable period in 2023.
globenewswire.com
- 8 months ago
First Financial Northwest, Inc. Announces Receipt of Shareholder Approval for Transaction with Global Credit Union
RENTON, Wash., July 19, 2024 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today announced that the preliminary vote count indicates that its shareholders approved the Purchase and Assumption Agreement, dated January 10, 2024, by and among the Company, the Bank and Global Federal Credit Union (“Global”), which provides for Global's acquisition of substantially all of the assets and assumption of substantially all of the liabilities (including deposit liabilities) of the Bank (the “asset sale”). Based on the preliminary vote counts, shareholders also approved a proposal to voluntarily dissolve the Company and distribute its net assets following the completion of the asset sale and approved, on an advisory basis, the compensation that may be paid or may become payable to certain executive officers of the Company in connection with the asset sale. Final voting results of the special meeting of shareholders held on July 19, 2024, will be filed by the Company on a Form 8-K within four business days.
globenewswire.com
- 9 months ago
8. Profile
Summary
First Financial Northwest, Inc. FFNW
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 207 M
Dividend Yield
0.00%
Description
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, statement savings accounts, and certificates of deposit. Its loan products comprise one-to-four family residential loans; multifamily and commercial real estate loans; construction/land loans for the construction of single-family residences, condominiums, townhouses, multifamily properties, and residential developments; business loans; and consumer loans, such as home equity loans and savings account loans. The company also provides wealth management services; and online banking platform, as well as debit cards and ATMs. As of December 31, 2021, it operated seven retail branches in King County, five retail branches in Snohomish County, and two retail branches in Pierce County, Washington. First Financial Northwest, Inc. was founded in 1923 and is headquartered in Renton, Washington.
Contact
201 Wells Avenue South, Renton, WA, 98057
https://www.ffnwb.com
IPO
Date
Oct. 10, 2007
Employees
135
Officers
Ms. Eva Q. Ngu
Vice President, Controller & Principal Accounting Officer
Mr. Simon Soh
Senior Vice President & Chief Credit Officer
Ms. Karla Evans
Assistant Vice President, Investor Relations
Ms. Dalen D. Harrison
Executive Vice President & Chief Banking Officer
Ms. Joann E. Lee CPA
Secretary & Independent Director
Mr. Ronnie J. Clariza
Senior Vice President & Chief Risk Officer
Mr. Joseph W. Kiley III
President, Chief Executive Officer & Director
Mr. Richard P. Jacobson
Executive Vice President, Chief Financial Officer, Chief Operating Officer & Director