First Financial Northwest
FFNW
Market cap $209M

22.79 USD

-0.26

1.13%

At close Oct 18, 4:00 PM EDT

1 day

-1.13%

5 days

-0.13%

1 month

0.93%

3 months

2.20%

6 months

12.10%

Year to date

67.57%

1 year

95.29%

5 years

62.90%

About: First Financial Northwest Inc is the holding company. The Bank's business consists predominantly of attracting deposits from the general public, combined with borrowing from the FHLB of Des Moines and raising funds in the wholesale market then utilizing these funds to originate one-to-four family residential, multifamily, commercial real estate, construction/land, business, and consumer loans. The Bank's strategic initiatives seek to diversify its loan portfolio and broaden growth opportunities with its current risk tolerance levels and asset/liability objectives.

Employees: 142

Financials State Commercial Banks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

18% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 11

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

8% more capital invested

Capital invested by funds: $80.2M [Q1] → $86.8M (+$6.6M) [Q2]

4% more funds holding

Funds holding: 50 [Q1] → 52 (+2) [Q2]

2.26% more ownership

Funds ownership: 42.56% [Q1] → 44.82% (+2.26%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$24

3%

upside

Avg. target

$24

3%

upside

High target

$24

3%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Piper Sandler

Andrew Liesch

81% 1-year accuracy

22 / 27 met price target

3%upside

$24

Neutral

Downgraded

26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

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.

First Financial Northwest (FFNW) Expected to Beat Earnings Estimates: Should You Buy?

Zacks Investment Research

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.

Best Momentum Stocks to Buy for September 24th

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.

First Financial Northwest, Inc. Announces Receipt of Federal Deposit Insurance Corporation Approval for Transaction with Global Credit Union

Zacks Investment Research

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.

First Financial Northwest (FFNW) Beats Q2 Earnings and Revenue Estimates

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.

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

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.

First Financial Northwest, Inc. Announces Receipt of Shareholder Approval for Transaction with Global Credit Union

URGENT ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on July 19, 2024, of First Financial Northwest, Inc. - FFNW

NEW YORK , July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating First Financial Northwest, Inc. (Nasdaq: FFNW ), relating to its proposed merger with Global Federal Credit Union.

URGENT ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on July 19, 2024, of First Financial Northwest, Inc. - FFNW

Zacks Investment Research

New Strong Sell Stocks for June 27th

FFNW, LGGNY and NDSN have been added to the Zacks Rank #5 (Strong Sell) List on June 27, 2024.

New Strong Sell Stocks for June 27th

FIRST FINANCIAL NORTHWEST INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Financial Northwest, Inc. - FFNW

NEW ORLEANS , June 14, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

FIRST FINANCIAL NORTHWEST INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Financial Northwest, Inc. - FFNW

First Financial Northwest, Inc. Declares Quarterly Cash Dividend of $0.13 per Share

RENTON, Wash., May 28, 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 its Board of Directors has declared a quarterly cash dividend of $0.13 per share on the Company's outstanding common stock. The cash dividend will be payable on June 21, 2024, to shareholders of record on June 7, 2024.

First Financial Northwest, Inc. Declares Quarterly Cash Dividend of $0.13 per Share

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