DA Davidson Has Negative Outlook of FFNW FY2025 Earnings

First Financial Northwest, Inc. (NASDAQ:FFNW) – Investment analysts at DA Davidson dropped their FY2025 EPS estimates for First Financial Northwest in a report released on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the bank will earn $0.18 per share for the year, down from their prior estimate of $0.20. The consensus estimate for First Financial Northwest’s current full-year earnings is $0.09 per share.

Separately, StockNews.com cut shares of First Financial Northwest from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th.

First Financial Northwest Price Performance

Shares of First Financial Northwest stock opened at $21.33 on Friday. The stock has a market cap of $196.88 million, a price-to-earnings ratio of 193.93 and a beta of 0.52. First Financial Northwest has a one year low of $13.16 and a one year high of $23.50. The stock has a 50 day moving average price of $22.42 and a 200-day moving average price of $22.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04.

First Financial Northwest (NASDAQ:FFNW) last posted its earnings results on Tuesday, October 29th. The bank reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.14). The firm had revenue of $20.09 million for the quarter, compared to the consensus estimate of $9.49 million. First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%. During the same quarter in the prior year, the company posted $0.16 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. MetLife Investment Management LLC increased its position in shares of First Financial Northwest by 129.0% during the third quarter. MetLife Investment Management LLC now owns 4,113 shares of the bank’s stock worth $93,000 after purchasing an additional 2,317 shares in the last quarter. Rhumbline Advisers purchased a new stake in First Financial Northwest in the 2nd quarter valued at $188,000. Barclays PLC increased its stake in shares of First Financial Northwest by 272.9% in the 3rd quarter. Barclays PLC now owns 9,140 shares of the bank’s stock worth $206,000 after acquiring an additional 6,689 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of 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 acquiring an additional 1,069 shares during the period. Finally, B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of First Financial Northwest in the third quarter valued at about $312,000. Hedge funds and other institutional investors own 55.00% of the company’s stock.

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.