First Financial Northwest (NASDAQ:FFNW) Earns “Neutral” Rating from DA Davidson

DA Davidson reiterated their neutral rating on shares of First Financial Northwest (NASDAQ:FFNW) in a research note published on Thursday,Benzinga reports. DA Davidson currently has a $22.00 price target on the bank’s stock. DA Davidson also issued estimates for First Financial Northwest’s Q1 2025 earnings at $0.05 EPS.

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

First Financial Northwest Stock Down 1.2 %

First Financial Northwest stock opened at $21.36 on Thursday. First Financial Northwest has a twelve month low of $20.10 and a twelve month high of $23.50. The business has a fifty day moving average of $21.67 and a two-hundred day moving average of $22.09. The firm has a market cap of $197.15 million, a P/E ratio of 194.20 and a beta of 0.53. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.62.

First Financial Northwest (NASDAQ:FFNW) last issued its quarterly earnings data on Tuesday, January 28th. The bank reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.08. First Financial Northwest had a return on equity of 0.67% and a net margin of 1.34%. On average, analysts forecast that First Financial Northwest will post 0.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On First Financial Northwest

Several institutional investors have recently added to or reduced their stakes in the business. B.O.S.S. Retirement Advisors LLC purchased a new position in shares of First Financial Northwest in the 3rd quarter valued at approximately $312,000. Empowered Funds LLC increased its stake in First Financial Northwest by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 21,348 shares of the bank’s stock valued at $481,000 after purchasing an additional 1,072 shares in the last quarter. MetLife Investment Management LLC raised its holdings in shares of First Financial Northwest by 129.0% in the third quarter. MetLife Investment Management LLC now owns 4,113 shares of the bank’s stock worth $93,000 after buying an additional 2,317 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of First Financial Northwest during the third quarter worth $789,000. Finally, State Street Corp grew its holdings in shares of First Financial Northwest by 2.7% during the third quarter. State Street Corp now owns 87,417 shares of the bank’s stock valued at $1,969,000 after buying an additional 2,312 shares during the last quarter. Institutional investors and hedge funds 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.