First Financial Northwest (NASDAQ:FFNW) Announces Earnings Results

First Financial Northwest (NASDAQ:FFNW) released its quarterly earnings results on Tuesday. The bank reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.08, Zacks reports. First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%.

First Financial Northwest Trading Up 0.6 %

FFNW stock opened at $21.61 on Thursday. First Financial Northwest has a 1-year low of $20.10 and a 1-year high of $23.50. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. The business’s 50 day moving average is $21.69 and its 200-day moving average is $22.10. The firm has a market cap of $199.46 million, a P/E ratio of 196.47 and a beta of 0.53.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of First Financial Northwest from a “sell” rating to a “hold” rating in a research note on Wednesday.

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.