First Northwest Bancorp Common Stock (FNWB)

FairStock Score: 59/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for banks that earn durable returns on equity and can be bought below book value without taking credit risk I cannot see. First Northwest is a $93.6M market-cap holding company for First Fed Bank. At $9.84 on 2026-10-13, FairStock shows a P/B of 0.55 and a P/E of 57.88; its calculated ROE is only 0.97%. Filed results explain why: in fiscal Q2 2026, the quarter ended 2026-06-30, net income was $308,000 and diluted EPS $0.03; in fiscal Q1 2026, the quarter ended 2026-03-31, net income was $6,000 and diluted EPS $0.00; in fiscal Q3 2025, the quarter ended 2025-09-30, net income was $802,000 and diluted EPS $0.09. But the full-year figures are poor: FY2025, the year ended 2025-12-31, had a net loss of $4.2M and diluted EPS -$0.48, and FY2024 had a net loss of $6.6M and diluted EPS -$0.75, after FY2023 net income of $2.3M and diluted EPS $0.26. FairStock labels it a TURNAROUND because the latest year had a loss after earlier profits. Piotroski F-Score is 5/9, middling. The low P/B could be a Graham-style asset cushion, but with near-zero ROE and inconsistent earnings it can also be a value trap. A 0.62 beta and no dividend do not offset the weak profitability. Bank-specific measures such as CET1, NIM and combined ratio are not in the data, so I cannot judge capital adequacy, margin, or credit quality. Without those, the evidence favors caution.

In plain English: First Northwest Bancorp is a small regional bank holding company. It has been only barely profitable in recent quarters and lost money in its latest full year, after making a profit a couple of years earlier. The stock looks cheap compared with the value of the bank's net assets, but the weak earnings make it a risky turnaround rather than a strong business.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer