First Northwest Bancorp

First Northwest Bancorp's capital structure is characterized by a debt-to-equity ratio of 0.26, indicating a relatively conservative leverage position. The company's liquidity is assessed as medium, with a negative net cash position after subtracting total debt. The price-to-book ratio of 0.54 suggests the company is trading at a discount to its book value, which may reflect market concerns about its current profitability and asset quality.

Profitability metrics for First Northwest Bancorp are weak, with a return on equity of -1.37% and a return on assets of -0.10%, both significantly below the industry median for banks. The company reported a net loss of $2.22 million in the latest period, which contrasts with the positive earnings typically observed in the banking sector. This underperformance may be attributed to a combination of declining interest margins and increased credit costs.

The company's revenue is concentrated in the Pacific Northwest, with no disclosed geographic diversification. This regional concentration increases exposure to local economic downturns and regulatory changes. The lack of segment-specific revenue data limits the ability to assess the performance of different business lines.

Looking ahead, First Northwest Bancorp is expected to face continued challenges in the current fiscal year, with no clear signs of improvement in the next fiscal year. The company's revenue trajectory is uncertain, and the negative net income in the latest period suggests ongoing operational difficulties. Analysts have set a mean price target of $13.25, which implies a potential upside of 43.3% from the current market price of $9.29.

The risk assessment for First Northwest Bancorp highlights liquidity concerns, with a medium risk rating. The company's dilution risk is assessed as low, but the negative net cash position after subtracting total debt is a key flag. The company has not issued new shares recently, and there is no indication of dilution pressure in the near term.

Recent events and disclosures have not provided significant new information about the company's operations or strategic direction. The absence of recent filings or transcripts limits the ability to assess management's response to current challenges. The company's free cash flow is negative, which may constrain its ability to invest in growth opportunities or return capital to shareholders.

First Northwest Bancorp (FNWB.O) has entered the analysis scope with no prior basis for delta computation, marking the first comprehensive review of the ticker. The company currently maintains a lean corporate structure with one officer and no analyst coverage, while holding membership in zero indices. Despite the lack of external analyst attention, the firm retains a base of 14 top holders, indicating a concentrated shareholder group. The most material development involves significant volatility in the holdings of investor ID 466, flagged as a major severity event. Data indicates a substantial reduction in this investor's position, with share count dropping from 646,254 to 121,159 shares as of June 30, 2024. This adjustment corresponds to a decrease in portfolio value from $13.66 million to $1.17 million, reflecting a sharp contraction in the investor's exposure to the bank. Conversely, a separate signal detected on June 20, 2026, suggests a reversal or correction in the data, showing the same investor increasing their position from 121,159 back to 646,254 shares. This conflicting data point highlights the dynamic nature of the holder's activity or potential reporting adjustments, as the weight percentage fluctuates between 0.000027% and 0.000310% of the total portfolio. These holder changes are significant for a company with no analyst coverage, as shifts in major stakeholder positions may be the primary indicator of sentiment for FNWB.O. With no cross-source signals or sagas to provide additional context, the focus remains on these institutional movements. Investors should monitor whether these fluctuations represent strategic rebalancing or data anomalies, given the absence of broader market commentary.

The stock trades at a 46% discount to tangible book value, suggesting significant undervaluation relative to asset backing.

Analysts project 9.5% upside to a mean price target of $13.25, indicating positive market sentiment.

Free cash flow improved by 45.9% year-over-year, demonstrating a meaningful recovery in cash generation capabilities.

Net income improved by 36.6% year-over-year, showing a strong trajectory toward returning to profitability.

The debt-to-equity ratio of 0.26 is above the median for the banking cohort, indicating conservative leverage.

The company reported a net loss of $4.2 million in FY2026, continuing a trend of negative profitability.

Free cash flow turned negative at -$4.2 million in FY2026, signaling ongoing cash burn and liquidity pressure.

Return on equity of -1.37% places the company in the bottom quartile of its banking peer group.

Revenue $14.4M, +4,3% YoY; Net income +100,1% YoY.

• ▍Revenue $14.4M, +4,3% YoY
• ▍Net income +100,1% YoY
• ▍Net margin 0.0%

Revenue $14.7M, +3,9% YoY; Net income +113,6% YoY.

• ▍Revenue $14.7M, +3,9% YoY
• ▍Net income +113,6% YoY
• ▍Free cash flow +122,1% YoY
• ▍Net margin 2.6%

Revenue $14.6M, +3,9% YoY; Net income +140,5% YoY.

• ▍Revenue $14.6M, +3,9% YoY
• ▍Net income +140,5% YoY
• ▍Free cash flow +147,4% YoY
• ▍Net margin 5.5%

Revenue $14.2M, −0,3% YoY; Net income +265,0% YoY.

• ▍Revenue $14.2M, −0,3% YoY
• ▍Net income +265,0% YoY
• ▍Free cash flow +232,3% YoY
• ▍Net margin 25.8%

Revenue $13.8M; Net margin -65.3%.

• ▍Revenue $13.8M
• ▍Net margin -65.3%

Revenue $14.1M; Net margin -19.9%.

• ▍Revenue $14.1M
• ▍Net margin -19.9%

Revenue $14.0M; Net margin -14.1%.

• ▍Revenue $14.0M
• ▍Net margin -14.1%

Revenue $14.2M; Net margin -15.6%.

• ▍Revenue $14.2M
• ▍Net margin -15.6%

Revenue $57.3M, +1,7% YoY; Net income +36,6% YoY.

• ▍Revenue $57.3M, +1,7% YoY
• ▍Net income +36,6% YoY
• ▍Free cash flow +45,9% YoY
• ▍Net margin -7.3%

Revenue $56.3M, −8,3% YoY; Net income −389,3% YoY.

• ▍Revenue $56.3M, −8,3% YoY
• ▍Net income −389,3% YoY
• ▍Free cash flow −1 379,8% YoY
• ▍Net margin -11.7%

Revenue $61.4M, −12,1% YoY; Net income −85,4% YoY.

• ▍Revenue $61.4M, −12,1% YoY
• ▍Net income −85,4% YoY
• ▍Free cash flow −105,4% YoY
• ▍Net margin 3.7%

Revenue $69.9M, +19,8% YoY; Net income +1,5% YoY.

• ▍Revenue $69.9M, +19,8% YoY
• ▍Net income +1,5% YoY
• ▍Free cash flow +25,8% YoY
• ▍Net margin 22.4%