First Financial NorthwestFFNW
FFNW
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: 135
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
2.19% more ownership
Funds ownership: 47.74% [Q3] → 49.93% (+2.19%) [Q4]
1% more capital invested
Capital invested by funds: $98.7M [Q3] → $100M (+$1.3M) [Q4]
0% more funds holding
Funds holding: 63 [Q3] → 63 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$22
3%
downside
Avg. target
$22
3%
downside
High target
$22
3%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
DA Davidson Jeff Rulis 23% 1-year accuracy 3 / 13 met price target | 3%downside $22 | Neutral Maintained | 30 Jan 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
2 weeks ago
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.
Neutral
GlobeNewsWire
3 weeks 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.
Positive
Zacks Investment Research
2 months 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.
Neutral
GlobeNewsWire
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.
Negative
Zacks Investment Research
5 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.
Neutral
GlobeNewsWire
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.
Positive
Zacks Investment Research
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.
Positive
Zacks Investment Research
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.
Neutral
GlobeNewsWire
7 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.
Positive
Zacks Investment Research
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.
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