First Northwest BanCorp (NASDAQ:FNWB) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.
NASDAQ FNWB opened at $15.00 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $176.88 million, a P/E ratio of 27.50 and a beta of 0.52. First Northwest BanCorp has a 52 week low of $15.00 and a 52 week high of $18.35.
First Northwest BanCorp (NASDAQ:FNWB) last posted its quarterly earnings data on Thursday, July 26th. The financial services provider reported $0.15 EPS for the quarter. The firm had revenue of $10.56 million during the quarter. First Northwest BanCorp had a net margin of 9.74% and a return on equity of 3.36%.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC raised its stake in shares of First Northwest BanCorp by 1.2% during the 2nd quarter. Renaissance Technologies LLC now owns 353,300 shares of the financial services provider’s stock worth $5,642,000 after acquiring an additional 4,200 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in First Northwest BanCorp by 20.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 236,921 shares of the financial services provider’s stock valued at $3,784,000 after purchasing an additional 39,929 shares in the last quarter. TCW Group Inc. increased its stake in First Northwest BanCorp by 126.4% during the 2nd quarter. TCW Group Inc. now owns 104,650 shares of the financial services provider’s stock valued at $1,671,000 after purchasing an additional 58,429 shares in the last quarter. Finally, Western Standard LLC increased its stake in First Northwest BanCorp by 5.3% during the 2nd quarter. Western Standard LLC now owns 69,599 shares of the financial services provider’s stock valued at $1,111,000 after purchasing an additional 3,500 shares in the last quarter. Hedge funds and other institutional investors own 46.57% of the company’s stock.
First Northwest BanCorp Company Profile
First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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