First Financial Northwest (NASDAQ:FFNW) issued its earnings results on Thursday. The bank reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03, Fidelity Earnings reports. The firm had revenue of $10.69 million during the quarter, compared to analyst estimates of $10.80 million. First Financial Northwest had a net margin of 15.91% and a return on equity of 6.48%.
Shares of First Financial Northwest stock opened at $14.10 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.68. First Financial Northwest has a 12-month low of $13.20 and a 12-month high of $17.24. The company has a market cap of $146.13 million, a price-to-earnings ratio of 9.86, a PEG ratio of 2.06 and a beta of 0.23. The company’s 50-day moving average price is $14.36 and its 200-day moving average price is $14.84.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.36 dividend on an annualized basis and a yield of 2.55%. First Financial Northwest’s dividend payout ratio is presently 25.17%.
A number of equities analysts have weighed in on the stock. Janney Montgomery Scott upgraded shares of First Financial Northwest from a “neutral” rating to a “buy” rating in a research report on Thursday, July 18th. Zacks Investment Research lowered shares of First Financial Northwest from a “hold” rating to a “sell” rating in a research report on Friday. Finally, ValuEngine upgraded shares of First Financial Northwest from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st.
About First Financial Northwest
First Financial Northwest, Inc operates as the 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 deposit accounts, statement savings accounts, and certificates of deposit.
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