First Northwest Bancorp (FNWB) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Northwest Bancorp (FNWB) trades at $11.09 with AI Score 60/100 (Grade B+). First Northwest Bancorp (FNWB) is a regional bank holding company based in Port Angeles, Washington, providing a range of commercial and… Market cap: $105M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: May 10, 2026Analyst Coverage for FNWB: FNWB does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FNWB against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FNWB: the 3 scored disciplines are evenly split. Dominant signal: Ken Griffin bullish.
How is this calculated? →Why this analysis is different
- A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
First Northwest Bancorp (FNWB) Financial Services Profile
First Northwest Bancorp is a regional bank holding company that offers comprehensive banking services tailored to individuals, businesses, and nonprofits in western Washington, emphasizing community engagement and customer service.
What Is the Investment Thesis for FNWB?
First Northwest Bancorp presents a stable investment opportunity within the regional banking sector, characterized by a market capitalization of $105M and a P/E ratio of 10.3. The bank's profit margin stands at 4.7%, reflecting effective cost management and operational efficiency. Growth catalysts include the expansion of its loan portfolio, particularly in commercial and multi-family real estate, which is expected to drive revenue growth in the coming years. The bank's strategic focus on community engagement and personalized service enhances customer loyalty, potentially leading to increased deposit inflows. However, potential risks include economic fluctuations that may affect credit quality and loan performance. Overall, First Northwest Bancorp's commitment to its local communities and diversified service offerings position it favorably for sustainable growth.
Based on FMP financials and quantitative analysis
FNWB Key Highlights
Market capitalization of $105M indicates a solid presence in the regional banking sector.
- P/E ratio of 10.3 suggests reasonable valuation compared to industry peers.
- Profit margin of 4.7% reflects effective operational efficiency.
- Gross margin of 55.0% indicates strong performance in managing costs.
- Dividend yield of 0.72% provides a return to shareholders.
Who Are FNWB's Competitors?
FNWB is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| FBNC First Bancorp | $64.24 | -0.36% | $2.66B | 64 |
| FMBH First Mid Bancshares, Inc. | $50.29 | +0.36% | $1.34B | 85 |
| HWBK Hawthorn Bancshares, Inc. | $39.44 | +0.19% | $272M | 92 |
| FRAF Franklin Financial Services Corporation | $62.10 | +0.40% | $279M | 92 |
| FUNC First United Corporation | $43.35 | -0.55% | $280M | 92 |
| ATLO Ames National Corporation | $31.73 | +1.44% | $281M | 92 |
| FDBC Fidelity D & D Bancorp, Inc. | $54.33 | +0.15% | $315M | 91 |
| NWFL Norwood Financial Corp. | $33.60 | -2.24% | $366M | 92 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FNWB's Key Strengths?
Established community bank with a long history since 1923.
- Strong customer relationships and loyalty.
- Diverse loan portfolio reducing risk exposure.
- Effective cost management leading to healthy profit margins.
What Are FNWB's Weaknesses?
Limited geographic reach compared to larger banks.
- Dependence on the regional economy for growth.
- Potential challenges in scaling operations.
- Lower brand recognition outside of Washington.
What Could Drive FNWB Stock Higher?
Expansion of digital banking services to enhance customer engagement and attract new clients.
- Continued growth in the mortgage lending sector as housing demand remains strong in western Washington.
- Strategic partnerships with local businesses to develop tailored financial products.
What Are the Key Risks for FNWB?
Financial-distress signal — its Altman Z-Score of 1.04 sits in the distress zone (elevated bankruptcy risk).
- Economic fluctuations impacting loan performance and credit quality.
- Intense competition from larger banks and fintech companies.
- Regulatory changes that could affect operational practices and profitability.
What Are the Growth Opportunities for FNWB?
- Growth opportunity 1: First Northwest Bancorp aims to expand its commercial lending services, targeting small to medium-sized businesses in western Washington. The commercial lending market is projected to grow at a CAGR of 5% over the next five years, driven by increasing demand for business financing. By enhancing its product offerings and marketing efforts, FNWB can capture a larger share of this growing market.
- Growth opportunity 2: The bank plans to increase its mortgage lending operations, capitalizing on the ongoing demand for housing in the region. With the residential mortgage market estimated to reach $2 trillion by 2028, First Northwest can enhance its market position by offering competitive rates and personalized service to homebuyers, particularly first-time buyers.
- Growth opportunity 3: First Northwest Bancorp is focusing on digital banking enhancements to attract tech-savvy customers. The digital banking market is expected to grow significantly, with projections indicating a CAGR of 10% through 2027. By investing in technology and improving online banking services, FNWB can enhance customer satisfaction and retention.
- Growth opportunity 4: The bank is exploring partnerships with local businesses and nonprofits to create tailored financial products that meet community needs. This strategic initiative can help FNWB penetrate underserved market segments, potentially increasing its customer base and deposit growth.
- Growth opportunity 5: First Northwest Bancorp is looking to expand its branch network strategically within western Washington. The regional banking industry is seeing a trend towards localized services, and by opening new branches in high-demand areas, FNWB can enhance its accessibility and customer reach.
What Threats Does FNWB Face?
- Economic downturns affecting credit quality and loan performance.
- Intense competition from larger financial institutions.
- Regulatory changes impacting banking operations.
- Technological advancements by competitors.
What Are FNWB's Competitive Advantages?
- Strong community presence and local market knowledge.
- Personalized customer service that differentiates FNWB from larger banks.
- Diverse product offerings that cater to various customer needs.
- Established reputation and trust within the local community.
What Does FNWB Do?
First Northwest Bancorp, established in 1923, serves as the bank holding company for First Fed Bank, headquartered in Port Angeles, Washington. The company has a rich history rooted in community banking, providing essential financial services to individuals, businesses, and nonprofit organizations primarily in western Washington. Over the years, First Northwest has evolved to meet the changing needs of its customers, expanding its offerings to include a variety of deposit instruments such as checking accounts, savings accounts, and certificates of deposit. Additionally, the bank originates a diverse range of loans, including one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and consumer loans, which encompass automobile loans and home-equity lines of credit. With 12 full-service branches and a lending center in Seattle, First Northwest Bancorp is well-positioned to serve its local communities. The bank's commitment to customer service and community involvement differentiates it from larger financial institutions, allowing it to maintain a loyal customer base and a strong presence in the region. As of now, the company employs 227 individuals who are dedicated to providing personalized banking experiences and fostering relationships within the communities they serve.
What Products and Services Does FNWB Offer?
- Provide commercial and consumer banking services to individuals and businesses.
- Offer a variety of deposit accounts, including checking and savings accounts.
- Originate mortgage loans for residential properties and commercial real estate.
- Provide construction and land loans to support local development projects.
- Offer consumer loans, including automobile loans and home-equity lines of credit.
- Operate through 12 full-service branches and a lending center in Seattle.
How Does FNWB Make Money?
- Generate revenue through interest income from loans and mortgages.
- Earn fees from various banking services, including account maintenance and transaction fees.
- Attract deposits to fund lending activities and manage liquidity.
- Utilize a community-focused approach to enhance customer loyalty and retention.
What Industry Does FNWB Operate In?
The regional banking industry is characterized by a focus on community-oriented financial services, with banks competing on customer service and local market knowledge. The sector has seen steady growth, driven by increasing demand for personalized banking solutions and a recovering economy. First Northwest Bancorp operates in a competitive landscape alongside other regional banks, leveraging its local expertise to differentiate itself. The overall market for regional banks is expected to grow as consumers increasingly seek out institutions that prioritize community engagement and tailored financial products.
Who Are FNWB's Key Customers?
- Individuals seeking personal banking services and loans.
- Small to medium-sized businesses requiring commercial banking solutions.
- Nonprofit organizations needing tailored financial services.
- Homebuyers looking for mortgage financing.
Key Financial Metrics
Return on equity for First Northwest Bancorp stands at 3.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.2%, showing how much profit it generates from its asset base. FNWB trades at a trailing price-to-earnings ratio of 10.27, below the Financial Services sector average of ~18x. Its free cash flow yield is 19.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.07 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 5.0%, the inverse of the P/E and a quick read on earnings relative to price.
First Northwest Bancorp (FNWB) Valuation Context
Valued at $105M, FNWB is classified as a micro-cap stock. Relative to its peer group, FNWB's quantitative score of 60/100 is below the peer average of 85/100.
Company Profile
First Northwest Bancorp operates in the Banks - Regional industry within the Financial Services sector. It is headquartered in Port Angeles, US. The company is led by CEO Curt T. Queyrouze. FNWB has traded publicly since 2015.
Financial Health
First Northwest Bancorp's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.04 places it in the distress zone, a signal of elevated financial risk.
Forward Outlook
Wall Street analysts project First Northwest Bancorp revenue of about $67.2M for fiscal 2026, with EPS near $0.13.
FNWB Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence from management in the company's future performance.
- Community sentiment has shifted positively, with discussions around growth potential and regional expansion gaining traction.
- Analysts note strengthening fundamentals, particularly in loan growth and asset quality, which could bolster investor confidence.
- The bank's focus on digital banking initiatives resonates well with younger investors, indicating a forward-thinking approach.
Bear Case
- Concerns about rising interest rates could impact the bank's net interest margin, leading to cautious investor sentiment.
- Community discussions highlight worries over potential economic downturns affecting loan defaults and overall financial stability.
- Recent regulatory changes may create uncertainty, making some investors hesitant about the bank's adaptability.
- Market perception remains mixed, with some analysts questioning the sustainability of recent growth trends amidst broader economic challenges.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
FNWB Latest News
No recent news available for FNWB.
FNWB Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FNWB.
Price Targets
Wall Street price target analysis for FNWB.
FNWB MoonshotScore
What does this score mean?
The MoonshotScore rates FNWB 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Curt T. Queyrouze
CEO
Curt T. Queyrouze has a robust background in banking and financial services, having served in various leadership roles throughout his career. He holds a degree in finance and has extensive experience in community banking, risk management, and strategic planning. Under his leadership, First Northwest Bancorp has focused on enhancing customer service and expanding its product offerings.
Track Record: Since taking the helm, Queyrouze has successfully guided First Northwest through various market challenges, emphasizing community engagement and operational efficiency. His strategic decisions have led to improved financial performance and customer satisfaction.
First Northwest Bancorp Financial Services Stock: Key Questions Answered
What does the AI Score mean for FNWB?
FNWB holds an AI Score of 60/100 (Grade: B+). This is an educational research signal, not a buy or sell recommendation. First Northwest Bancorp (FNWB) is a regional bank holding company based in Port Angeles, Washington, providing a range of commercial and consumer banking services. Founded in 1923, it operates …
What does First Northwest Bancorp do?
First Northwest Bancorp operates as a bank holding company for First Fed Bank, providing a range of commercial and consumer banking services. It offers various deposit accounts, originates loans for residential and commercial properties, and serves individuals, businesses, and nonprofit organizations primarily in western Washington.
What do analysts say about FNWB stock?
Analysts generally view FNWB stock as a stable investment within the regional banking sector, with a P/E ratio of 10.3 reflecting a reasonable valuation. Key considerations include the bank's solid profit margins and growth potential in mortgage lending, alongside risks associated with economic fluctuations.
What are the main risks for FNWB?
First Northwest Bancorp faces several risks, including potential economic downturns that could impact credit quality and loan performance. Additionally, the bank contends with intense competition from larger financial institutions, as well as regulatory changes that may affect its operations and profitability.
What are the key factors to evaluate for FNWB?
First Northwest Bancorp (FNWB) holds an AI score of 60/100 (moderate). P/E: 10.3x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does FNWB data refresh on this page?
FNWB's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven FNWB's recent stock price performance?
First Northwest Bancorp (FNWB) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established community bank with a long history since 1923. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FNWB overvalued or undervalued right now?
First Northwest Bancorp (FNWB) trades at 10.3x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research FNWB before investing?
Before investing in First Northwest Bancorp (FNWB), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data is based on the latest available information and may be subject to change.