First Northwest Bancorp
FNWB · Price history
Price at last available close
$9.76
−$0.28 (-2.79%) 1M
2026-10-27
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Company & revenue
About First Northwest Bancorp
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
First Northwest Bancorp serves as the parent company for First Fed Bank, a financial institution that delivers a broad spectrum of commercial and consumer banking services. These services are provided to individuals, businesses, and nonprofit organizations across western Washington, USA. The bank offers various ways to deposit funds, including checking, money market, savings, and transaction accounts, as well as certificates of deposit.
How they make money
First Northwest Bancorp operates as a financial holding company primarily through its subsidiary, First Fed Bank. It generates revenue primarily through net interest income earned on loans and investment securities, as well as non-interest income from banking services, fees, and strategic investments in financial services firms.
Products & services
First Fed Bank provides a range of financial products including residential and commercial real estate loans, construction loans, consumer loans, and various deposit products such as checking, savings, and certificates of deposit for individuals and businesses.
Brands & revenue mix
The primary banking subsidiary through which the company conducts its community banking operations.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer concentration
The company does not disclose any single customer that accounts for more than 10% of total revenue as of the fiscal year ended 2025-12-31.
Suppliers, materials & equipment
- Technology and core banking service providers — The company relies on third-party vendors for core banking software, digital payment processing, and IT infrastructure services.Source
Business relationships & partnerships
- The Meriwether Group, LLC — A strategic investment in a boutique investment banking and accelerator firm to support business growth.Source
Strengths
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.
Total debt is at least one year of revenue
Debt is large relative to the company's recent revenue base. Review maturity dates, borrowing terms and whether available liquidity can support the obligation.
Interest coverage is below 2x
Reported earnings provide limited coverage of interest expense. Review the underlying interest and operating-income figures because weak coverage can increase refinancing and liquidity risk.
Free cash flow is negative
The latest reported period did not generate positive free cash flow. Check whether the cash use reflects development investment, working capital or continuing operating losses.
Cash covers less than 20% of total debt
Cash on hand is small relative to reported debt. Compare unrestricted cash, debt maturities and expected financing needs rather than treating the ratio alone as a default prediction.
Quarterly EPS fell 92.9% versus the same quarter last year.
Review net income and weighted-average shares together. Per-share earnings can change because of operating performance, nonrecurring items or the share denominator.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
22
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
22
Poor
Financial Strength
31
Business Quality / Moat
34
Management
3
Growth Quality
13
Risk / Durability
20
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
13
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
23/100
Building Historical Record
Model Score 23/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •High debt risk
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for FNWB
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •What is driving FNWB's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
- •How long can FNWB fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •Is FNWB's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What future growth or profitability would be needed to justify FNWB's current valuation?
- •What does the current fundamental change risk warning mean for the reliability or interpretation of FNWB's score?
Essential Investment Snapshot
Wall Street Score
22
Opportunity Score
13
Market Cap
$92.8M
P/E Ratio
62.3
EPS
$0.16
52-Week High
$12.52
52-Week Low
$7.65
Beta
0.63
Intrinsic Value
$3.21
Analyst Target
$15.00
Shares Outstanding
9.6M
Total Revenue
$102.1M
Total Debt
$329.2M
Dividend
No current dividend
Liquidation Value / Share
$16.58
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for FNWB
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
High debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on FNWB.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Established community banking presence in the Pacific Northwest.
- +Disciplined capital management and asset quality focus.
Potential downside factors
- −Debt risk (high): Total debt is at least one year of revenue.
- −Interest coverage is below 2x.
- −Free cash flow is negative.
- −Cash covers less than 20% of total debt.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
22
Sep 24, 2026
Change
Unchanged
Current Score
22
Oct 1, 2026
Category Changes
FNWB score was unchanged.
Projected Score
Projected Score
13
Projected Change
-8.3 points
Preliminary comparable-period financial changes suggest decline of approximately 8.3 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
OvervaluedCurrent Price
$9.76
Model Intrinsic Value
$3.21
Difference
+$6.55
+204.4% vs IV
Margin of Safety
-204.4%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $102.1M | $107.2M | $117.0M | $104.9M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $44.9M | $56.5M | $72.5M | $40.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $57.2M | $50.7M | $44.5M | $64.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $14.5M | $19.5M | $37.3M | $36.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $56.8M | $56.5M | $52.1M | $61.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $1.0M | -$5.2M | -$6.1M | $4.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $348K | -$5.9M | -$7.6M | $2.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $46.0M | $49.7M | $56.0M | $39.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $348K | -$5.9M | -$7.6M | $2.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$1.1M | -$1.7M | -$944K | $549K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $1.5M | -$4.2M | -$6.6M | $2.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $0.16 | $-0.48 | $-0.75 | $0.26 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 8.91M | 9.55M | 8.76M | 8.92M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 8.91M | 9.55M | 8.76M | 8.94M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$27.5M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.03
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-8.6%
Cash Change
-83.3%
Margin Change
-11.4 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Debt reduced
What Weakened
- Margins contracted
- Cash position declined
Potential Score Impact
Positive indicators included debt levels. Pressure indicators included revenue growth, EPS growth, cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 6.3%. EPS declined 92.9%. Cash declined 83.3%. Total debt declined 8.6%. Net income margin declined by 11.4 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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Rumor Mill · FNWB
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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