Analysts Offer Predictions for FFNW Q4 Earnings

First Financial Northwest, Inc. (NASDAQ:FFNW) – DA Davidson issued their Q4 2024 EPS estimates for First Financial Northwest in a note issued to investors on Wednesday, October 30th. DA Davidson analyst J. Rulis anticipates that the bank will post earnings of $0.06 per share for the quarter. The consensus estimate for First Financial Northwest’s current full-year earnings is $0.23 per share.

Several other equities analysts also recently issued reports on the stock. StockNews.com downgraded shares of First Financial Northwest from a “hold” rating to a “sell” rating in a report on Tuesday. Piper Sandler lowered shares of First Financial Northwest from an “overweight” rating to a “neutral” rating and set a $23.50 price target on the stock. in a research note on Friday, July 26th.

First Financial Northwest Trading Down 0.9 %

First Financial Northwest stock opened at $22.50 on Thursday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market cap of $206.55 million, a PE ratio of 204.55 and a beta of 0.53. The stock has a 50-day moving average of $22.62 and a two-hundred day moving average of $21.67. First Financial Northwest has a one year low of $10.78 and a one year high of $23.50.

First Financial Northwest (NASDAQ:FFNW) last posted its quarterly earnings data on Tuesday, October 29th. The bank reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.14). First Financial Northwest had a return on equity of 1.98% and a net margin of 3.89%. The business had revenue of $20.09 million during the quarter, compared to analyst estimates of $9.49 million. During the same period in the previous year, the business earned $0.16 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Rhumbline Advisers acquired a new stake in shares of First Financial Northwest during the second quarter worth about $188,000. Commonwealth Equity Services LLC raised its position in First Financial Northwest by 9.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 11,986 shares of the bank’s stock worth $253,000 after buying an additional 1,069 shares during the last quarter. B.O.S.S. Retirement Advisors LLC acquired a new stake in First Financial Northwest during the 3rd quarter valued at approximately $312,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of First Financial Northwest in the 2nd quarter valued at $403,000. Finally, Clear Harbor Asset Management LLC purchased a new stake in shares of First Financial Northwest in the 2nd quarter valued at $411,000. 55.00% of the stock is owned by institutional investors and hedge funds.

About First Financial Northwest

First Financial Northwest, Inc operates as the bank 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 accounts, savings accounts, and certificates of deposit.