First Northwest Bancorp Earns $873,000, or $0.09 Per Diluted Share, in First Quarter 2020; Declares Quarterly Cash Dividend of $0.05 per Share; Announces COVID-19 Response
First Northwest Bancorp (FNWB)
US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/4343673
Company Research
Source: GlobeNewswire
PORT ANGELES, Wash., April 29, 2020 (GLOBE NEWSWIRE) -- First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), today reported net income of $873,000, or $0.09 per diluted share, for the first quarter of 2020, reflecting both strong loan growth and an addition to reserves for the economic disruption from the COVID-19 pandemic. These results compare to net income of $2.2 million, or $0.23 per diluted share, for the fourth quarter of 2019, and net income of $2.2 million, or $0.22 per diluted share, for the first quarter of 2019. The Company also announced today that the Board of Directors declared a regular quarterly cash dividend of $0.05 per common share outstanding, payable on May 29, 2020, to shareholders of record as of the close of business on May 15, 2020. “The success of our banking operation relies entirely on the safety and well-being of our employees and customers
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News
- First Northwest Bancorp (NASDAQ:FNWB) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- First Northwest Bancorp (NASDAQ:FNWB) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- First Northwest Bancorp (NASDAQ:FNWB) was upgraded by analysts at UBS Group AG to a "neutral" rating.MarketBeat
- First Northwest Bancorp (NASDAQ:FNWB) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $13.50 price target on the stock, up previously from $10.50.MarketBeat
- First Northwest Bancorp (NASDAQ:FNWB) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
FNWB
Earnings
- 7/25/25 - Beat
FNWB
Analyst Actions
- 11/7/25 - UBS Group AG
FNWB
Sec Filings
- 11/12/25 - Form 4
- 11/12/25 - Form 144
- 11/6/25 - Form 10-Q
- FNWB's page on the SEC website