First Financial Northwest, Inc. (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington. The Bank's business consists of attracting deposits from the public and utilizing these funds to originate one- to four-family residential, multifamily, commercial real estate, construction/land development, business and consumer loans. It focuses on its lending activities primarily on loans secured by commercial real estate, construction/land development, first mortgages on one- to four-family residences, multifamily and business lending. Its investment portfolio consisted principally of mortgage-backed securities, municipal bonds, the United States Government Agency obligations and corporate bonds.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Pacific Banks
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:FFNW
- CUSIP: 32022K10
- Web: www.ffnwb.com
- Market Cap: $164.9 million
- Outstanding Shares: 10,319,000
- 50 Day Moving Avg: $15.92
- 200 Day Moving Avg: $18.10
- 52 Week Range: $12.58 - $21.29
Sales & Book Value:
- Trailing P/E Ratio: 19.42
- Foreward P/E Ratio: 14.66
- P/E Growth: 1.69
- Annual Revenue: $36.39 million
- Price / Sales: 4.53
- Book Value: $13.74 per share
- Price / Book: 1.16
- Annual Dividend: $0.24
- Dividend Yield: 1.8%
- Net Margins: 20.05%
- Return on Equity: 5.45%
- Return on Assets: 0.89%
- Debt-to-Equity Ratio: 1.47%
- Current Ratio: 1.27%
- Quick Ratio: 1.27%
- Average Volume: 28,078 shs.
- Beta: 0.46
- Short Ratio: 3.26
Frequently Asked Questions for First Financial Northwest (NASDAQ:FFNW)
What is First Financial Northwest's stock symbol?
First Financial Northwest trades on the NASDAQ under the ticker symbol "FFNW."
How often does First Financial Northwest pay dividends? What is the dividend yield for First Financial Northwest?
First Financial Northwest declared a quarterly dividend on Friday, April 28th. Investors of record on Friday, June 9th will be given a dividend of $0.07 per share on Friday, June 23rd. This represents a $0.28 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Wednesday, June 7th. This is a positive change from First Financial Northwest's previous quarterly dividend of $0.06. View First Financial Northwest's Dividend History.
How were First Financial Northwest's earnings last quarter?
First Financial Northwest, Inc. (NASDAQ:FFNW) issued its quarterly earnings data on Thursday, April, 27th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.01. The company had revenue of $9.40 million for the quarter, compared to analysts' expectations of $9.89 million. First Financial Northwest had a return on equity of 5.45% and a net margin of 20.05%. View First Financial Northwest's Earnings History.
When will First Financial Northwest make its next earnings announcement?
Where is First Financial Northwest's stock going? Where will First Financial Northwest's stock price be in 2017?
2 analysts have issued 1 year target prices for First Financial Northwest's shares. Their forecasts range from $15.00 to $15.00. On average, they expect First Financial Northwest's stock price to reach $15.00 in the next twelve months. View Analyst Ratings for First Financial Northwest.
Are investors shorting First Financial Northwest?
First Financial Northwest saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 63,207 shares, an increase of 6.2% from the April 13th total of 59,538 shares. Based on an average trading volume of 22,110 shares, the short-interest ratio is presently 2.9 days.
Who are some of First Financial Northwest's key competitors?
Some companies that are related to First Financial Northwest include Farmland Partners (FPI), Bluerock Residential Growth REIT (BRG), Capital City Bank Group (CCBG), Macatawa Bank (MCBC), Community Healthcare Trust (CHCT), Marlin Business Services Corp. (MRLN), Old Line Bancshares, Inc. (MD) (OLBK), American National BankShares (AMNB), Western New England Bancorp (WNEB), Resource Capital Corp. (RSO), Consolidated-Tomoka Land (CTO), NEWTEK Business Services Corp (NEWT), Farmers Capital Bank Corp (FFKT), Gain Capital Holdings (GCAP), Paragon Commercial Corp (PBNC), Territorial Bancorp (TBNK), Berkshire Hathaway (BRK-B) and BankFinancial (BFIN).
Who are First Financial Northwest's key executives?
First Financial Northwest's management team includes the folowing people:
- Gary F. Kohlwes, Chairman of the Board of the Company and Bank
- Joseph W. Kiley III, President, Chief Executive Officer, Director
- Richard P. Jacobson, Chief Operating Officer, Director
- Ronnie J. Clariza, Senior Vice President, Chief Risk Officer
- Dalen D. Harrison, Chief Deposit Officer and Senior Vice President
- Christine A. Huestis CPA, Vice President, Controller
- Gregg H DeRitis, Senior Vice President, Chief Credit Officer
- Simon Soh, Senior Vice President, Chief Lending Officer of First Savings Bank.
- Roger H. Molvar, Director
- Richard M. Riccobono, Director
Who owns First Financial Northwest stock?
First Financial Northwest's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (9.06%), Renaissance Technologies LLC (7.08%), Thomson Horstmann & Bryant Inc. (3.42%), Vanguard Group Inc. (3.35%), Context BH Capital Management LP (1.57%) and Acadian Asset Management LLC (0.71%). Company insiders that own First Financial Northwest stock include Gary F Faull, Herman L Robinson and Kathleen Smythe. View Institutional Ownership Trends for First Financial Northwest.
Who sold First Financial Northwest stock? Who is selling First Financial Northwest stock?
First Financial Northwest's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Acadian Asset Management LLC, Baird Financial Group Inc., Thomson Horstmann & Bryant Inc., TIAA CREF Investment Management LLC, Context BH Capital Management LP, UBS Group AG and Nationwide Fund Advisors. View Insider Buying and Selling for First Financial Northwest.
Who bought First Financial Northwest stock? Who is buying First Financial Northwest stock?
First Financial Northwest's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hillsdale Investment Management Inc., Oxford Asset Management, Cornerstone Capital Management Holdings LLC., Vanguard Group Inc., Menta Capital LLC, JPMorgan Chase & Co. and Goldman Sachs Group Inc.. View Insider Buying and Selling for First Financial Northwest.
How do I buy First Financial Northwest stock?
Shares of First Financial Northwest can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Financial Northwest's stock price today?
MarketBeat Community Rating for First Financial Northwest (NASDAQ FFNW)MarketBeat's community ratings are surveys of what our community members think about First Financial Northwest and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of First Financial Northwest stock can currently be purchased for approximately $15.98.
Earnings History for First Financial Northwest (NASDAQ:FFNW)Earnings History by Quarter for First Financial Northwest (NASDAQ:FFNW)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/20/2017|| || || || || || || || |
|4/27/2017||Q1 2017||$0.23||$0.22||$9.89 million||$9.40 million||View||N/A|
|1/26/2017||Q4 2016||$0.24||$0.29||$9.81 million||$10.09 million||View||N/A|
|10/27/2016||Q3||$0.17||$0.22||$9.47 million||$9.61 million||View||N/A|
|7/22/2016||Q2||$0.15||$0.11||$8.38 million||$8.89 million||View||N/A|
|4/28/2016||Q1||$0.16||$0.14||$8.20 million||$8.26 million||View||N/A|
|7/23/2015||Q2||$0.15||$0.17||$8.00 million||$7.93 million||View||N/A|
|4/23/2015||Q115||$0.14||$0.16||$7.80 million||$7.61 million||View||N/A|
|1/29/2015||Q4 2014||$0.17||$0.20||$8.40 million||$8.15 million||View||N/A|
Earnings Estimates for First Financial Northwest (NASDAQ:FFNW)
2017 EPS Consensus Estimate: $1.02
2018 EPS Consensus Estimate: $1.13
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for First Financial Northwest (NASDAQ:FFNW)
|Payout Ratio:||31.58% (Trailing 12 Months of Earnings) |
25.53% (Based on This Year's Estimates)
22.02% (Based on Next Year's Estimates)
Dividend History by Quarter for First Financial Northwest (NASDAQ:FFNW)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for First Financial Northwest (NASDAQ:FFNW)
Insider Ownership Percentage: 7.09%Insider Trades by Quarter for First Financial Northwest (NASDAQ:FFNW)
Institutional Ownership Percentage: 39.06%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/13/2017||Gary F Faull||Director||Sell||14,900||$20.07||$299,043.00|| |
|2/10/2017||Gary F Faull||Director||Sell||20,600||$19.90||$409,940.00|| |
|11/4/2015||Kathleen Smythe||Director||Buy||5,000||$12.75||$63,750.00|| |
|8/20/2015||Herman L. Robinson||VP||Sell||38,847||$12.46||$484,033.62|| |
|3/4/2015||Daniel L Stevens||Director||Buy||2,500||$12.01||$30,025.00|| |
|12/15/2014||Herman L Robinson||VP||Sell||4,045||$11.81||$47,771.45|| |
|12/10/2014||Herman L Robinson||VP||Sell||12,355||$11.86||$146,530.30|| |
|11/17/2014||Ronnie J Clariza||VP||Sell||7,500||$11.17||$83,775.00|| |
|11/13/2014||Ronnie J Clariza||VP||Sell||7,500||$11.30||$84,750.00|| |
|8/26/2014||Richard P Jacobson||CFO||Sell||4,000||$11.11||$44,440.00|| |
|4/29/2014||Joseph W Kiley III||CEO||Sell||3,346||$10.40||$34,798.40|| |
|10/30/2013||Herman L Robinson||VP||Sell||12,786||$10.81||$138,216.66|| |
|10/30/2013||Joseph W Kiley III||CEO||Sell||4,000||$10.80||$43,200.00|| |
|8/19/2013||Victor Karpiak||CEO||Sell||25,000||$10.39||$259,750.00|| |
|8/15/2013||Victor Karpiak||CEO||Sell||16,253||$10.62||$172,606.86|| |
|8/9/2013||Victor Karpiak||CEO||Sell||6,654||$10.71||$71,264.34|| |
|8/7/2013||Victor Karpiak||CEO||Sell||13,505||$10.71||$144,638.55|| |
|8/5/2013||Victor Karpiak||CEO||Sell||8,387||$10.73||$89,992.51|| |
|8/1/2013||Victor Karpiak||CEO||Sell||15,600||$10.77||$168,012.00|| |
|7/30/2013||Gary F Kohlwes||Director||Buy||1,600||$10.04||$16,064.00|| |
|8/30/2012||Gary F Kohlwes||Director||Buy||1,200||$7.79||$9,348.00|| |
Headline Trends for First Financial Northwest (NASDAQ:FFNW)
Latest Headlines for First Financial Northwest (NASDAQ:FFNW)
|First Financial Northwest (FFNW) Approves 1.1M Share Buyback Plan|
www.streetinsider.com - May 23 at 12:00 PM
|$9.75 Million in Sales Expected for First Financial Northwest, Inc. (FFNW) This Quarter|
www.americanbankingnews.com - May 21 at 12:34 PM
|First Financial Northwest, Inc. (FFNW) Short Interest Up 6.2% in April|
www.americanbankingnews.com - May 21 at 11:14 AM
|$0.22 EPS Expected for First Financial Northwest, Inc. (FFNW) This Quarter|
www.americanbankingnews.com - May 16 at 12:22 PM
|First Financial Northwest, Inc. (FFNW) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - May 12 at 10:06 PM
|First Financial Northwest, Inc. (FFNW) Expected to Post Q1 2018 Earnings of $0.26 Per Share|
www.americanbankingnews.com - May 12 at 4:08 PM
|Brokerages Expect First Financial Northwest, Inc. (FFNW) to Post $0.23 EPS|
www.americanbankingnews.com - May 4 at 8:10 AM
|First Financial Northwest, Inc. (FFNW) Issues Quarterly Earnings Results|
www.americanbankingnews.com - May 1 at 6:48 PM
|Q2 2017 Earnings Estimate for First Financial Northwest, Inc. Issued By DA Davidson (FFNW)|
www.americanbankingnews.com - May 1 at 8:12 AM
|First Financial Northwest (FFNW) Given Coverage Optimism Score of 0.35|
www.americanbankingnews.com - April 29 at 9:15 PM
|First Financial Northwest, Inc. (FFNW) Increases Dividend to $0.07 Per Share|
www.americanbankingnews.com - April 28 at 10:02 PM
|First Financial Northwest misses by $0.01, misses on revenue|
seekingalpha.com - April 28 at 7:53 AM
|First Financial Northwest, Inc. Reports First Quarter Net Income of $2.3 Million or $0.22 per Diluted Share|
finance.yahoo.com - April 27 at 5:43 PM
|$9.89 Million in Sales Expected for First Financial Northwest, Inc. (FFNW) This Quarter|
www.americanbankingnews.com - April 27 at 11:02 AM
|Somewhat Positive News Coverage Extremely Likely to Affect First Financial Northwest (FFNW) Stock Price|
www.americanbankingnews.com - April 26 at 8:44 AM
|First Financial Northwest, Inc. (FFNW) Expected to Post Earnings of $0.25 Per Share|
www.americanbankingnews.com - April 25 at 9:15 PM
|First Financial Northwest (FFNW) Given Daily Coverage Optimism Score of 0.25|
www.americanbankingnews.com - April 21 at 4:03 PM
|First Financial Northwest (FFNW) Earns News Sentiment Rating of 0.44|
www.americanbankingnews.com - April 18 at 4:40 PM
|First Financial Northwest Bank to Purchase Four Bank Branches and to Open Two Additional Branches|
finance.yahoo.com - April 10 at 11:34 AM
|First Financial Northwest, Inc. (FFNW) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - April 3 at 6:58 PM
|FIRST FINANCIAL NORTHWEST, INC. Financials|
finance.yahoo.com - March 16 at 6:32 PM
|First Financial Northwest, Inc. (FFNW) Given Consensus Rating of “Hold” by Brokerages|
www.americanbankingnews.com - March 13 at 2:48 PM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits|
biz.yahoo.com - March 6 at 9:42 AM
|First Financial Northwest, Inc. Reports Fourth Quarter Net Income of $3. ...|
globenewswire.com - January 27 at 4:41 AM
|First Financial Northwest, Inc. Reports Fourth Quarter Net Income of $3.0 Million or $0.29 per Diluted Share and $8.9 Million or $0.74 per Diluted Share for the Year Ended December 31, 2016|
us.rd.yahoo.com - January 26 at 11:40 PM
|First Financial Northwest, Inc. : FFNW-US: Dividend Analysis : December 01st, 2016 (record date) : By the numbers : January 26, 2017|
us.rd.yahoo.com - January 26 at 11:40 PM
|First Financial Northwest, Inc. Announces - First Financial Northwest Bank and McKnight Middle School Educators Honor Graduates of Web-Based Digital Education Program|
finance.yahoo.com - January 20 at 6:29 PM
|First Financial Northwest (FFNW) Jumps: Stock Rises 5.9%|
finance.yahoo.com - December 28 at 11:31 AM
|Lessons to Be Learned From Stilwell's Q3 Investments (HTBI, FFNW)|
www.investopedia.com - November 30 at 8:45 AM
|First Financial Northwest (FFNW) Declares $0.06 Quarterly Dividend; 1.5% Yield|
www.streetinsider.com - November 19 at 9:02 AM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles|
biz.yahoo.com - November 18 at 4:32 PM
|First Financial Northwest, Inc. Announces Appointment of Richard M. Riccobono as a New Director|
finance.yahoo.com - November 18 at 9:43 AM
|First Financial Northwest downgraded by Sandler O'Neill|
finance.yahoo.com - November 1 at 5:11 PM
|BRIEF-First Financial Northwest posts Q3 earnings $0.22/shr|
www.reuters.com - October 28 at 4:51 PM
|4:06 pm First Financial Northwest's board authorizes repurchase of 1,500,000 shares of the co's common stock|
finance.yahoo.com - September 12 at 9:50 AM
|First Financial Northwest (FFNW) Approves 1.5M Share Buyback|
www.streetinsider.com - September 11 at 4:42 PM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Regulation F|
biz.yahoo.com - June 16 at 2:35 PM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - May 6 at 12:41 PM
|First Financial Northwest, Inc. Reports First Quarter Net Income Of $1.8 Million Or $0.14 Per Diluted Share|
www.thestreet.com - April 28 at 9:46 AM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year,|
biz.yahoo.com - March 24 at 4:32 PM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 10 at 3:54 PM
|First Financial Northwest, Inc. (FFNW)|
biz.yahoo.com - February 19 at 2:42 PM
|First Financial Northwest, Inc. Announces Completion of Charter Change of Subsidiary Bank|
finance.yahoo.com - February 4 at 9:15 AM
|FIRST FINANCIAL NORTHWEST, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statemen|
biz.yahoo.com - January 29 at 12:05 PM
|First Financial posts 4Q profit|
www.cnbc.com - January 28 at 12:11 PM
First Financial Northwest (FFNW) Chart for Monday, May, 29, 2017