First Northwest Bancorp (FNWB) Projected to Post Earnings on Thursday

First Northwest Bancorp (NASDAQ:FNWB) is anticipated to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect First Northwest Bancorp to post earnings of $0.06 per share and revenue of $16,500.00 billion for the quarter.

First Northwest Bancorp (NASDAQ:FNWB) last posted its quarterly earnings results on Tuesday, October 29th. The financial services provider reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.33). The company had revenue of $29.99 million during the quarter, compared to the consensus estimate of $17.20 million. First Northwest Bancorp had a negative return on equity of 0.18% and a negative net margin of 4.79%. 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 Performance

FNWB stock opened at $10.75 on Thursday. The business’s 50-day moving average price is $10.58 and its two-hundred day moving average price is $10.45. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 2.08. The firm has a market cap of $100.63 million, a PE ratio of -16.54 and a beta of 0.94. First Northwest Bancorp has a 1-year low of $8.91 and a 1-year high of $16.00.

First Northwest Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date was Friday, November 8th. First Northwest Bancorp’s dividend payout ratio is currently -43.08%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Piper Sandler cut their price target on First Northwest Bancorp from $12.50 to $11.00 and set a “neutral” rating for the company in a research note on Monday, October 28th. Hovde Group assumed coverage on First Northwest Bancorp in a research note on Monday. They set an “outperform” rating and a $13.50 target price for the company.

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.