First Financial Northwest (NASDAQ:FFNW) will be announcing its earnings results on Tuesday, July 24th. Analysts expect the company to announce earnings of $0.26 per share for the quarter.
First Financial Northwest (NASDAQ:FFNW) last announced its quarterly earnings results on Thursday, April 26th. The bank reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.42 by $0.24. First Financial Northwest had a net margin of 24.45% and a return on equity of 9.58%. The business had revenue of $11.63 million for the quarter, compared to analysts’ expectations of $10.85 million. On average, analysts expect First Financial Northwest to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Get First Financial Northwest alerts:Shares of NASDAQ FFNW opened at $20.10 on Friday. First Financial Northwest has a fifty-two week low of $13.13 and a fifty-two week high of $21.82. The stock has a market capitalization of $218.93 million, a P/E ratio of 22.58, a price-to-earnings-growth ratio of 1.29 and a beta of 0.21. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.34.
The firm also recently declared a quarterly dividend, which was paid on Friday, June 22nd. Investors of record on Friday, June 8th were given a $0.08 dividend. This is a boost from First Financial Northwest’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, June 7th. This represents a $0.32 annualized dividend and a yield of 1.59%. First Financial Northwest’s dividend payout ratio (DPR) is presently 35.96%.
In other First Financial Northwest news, CFO Richard P. Jacobson sold 3,000 shares of First Financial Northwest stock in a transaction that occurred on Friday, June 15th. The shares were sold at an average price of $19.88, for a total transaction of $59,640.00. Following the transaction, the chief financial officer now owns 24,862 shares of the company’s stock, valued at approximately $494,256.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joann E. Lee sold 18,001 shares of First Financial Northwest stock in a transaction that occurred on Thursday, May 17th. The stock was sold at an average price of $17.50, for a total transaction of $315,017.50. Following the transaction, the director now directly owns 106,104 shares in the company, valued at approximately $1,856,820. The disclosure for this sale can be found here. In the last ninety days, insiders sold 99,580 shares of company stock worth $1,768,861. 6.75% of the stock is owned by insiders.
Separately, Zacks Investment Research cut shares of First Financial Northwest from a “buy” rating to a “hold” rating in a research report on Monday, April 16th.
First Financial Northwest Company Profile
First Financial Northwest, Inc operates as the holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market deposit accounts, statement savings accounts, and certificates of deposit.
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