First Northwest Bancorp (FNWB)
Financial Services · NGM
Fundamentals
Valuation and ratings
First Northwest Bancorp trades at USD11.95, which is 77% below the USD21.18 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 18 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 21.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
FNWB dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2025 | USD0.140 | 2 |
| 2024 | USD0.280 | 4 |
| 2023 | USD0.280 | 4 |
| 2022 | USD0.280 | 4 |
| 2021 | USD0.250 | 4 |
| 2020 | USD0.210 | 4 |
| 2019 | USD0.130 | 4 |
| 2018 | USD0.030 | 1 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
FNWB earnings and analyst estimates
Recommendation mix, 2 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About First Northwest Bancorp
First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in the United States. The company accepts various deposit instruments, such as checking, money market deposit, savings, and transaction accounts, as well as certificates of deposits. It also offers one-to-four family residential mortgage loans, commercial and multi-family real estate loans, construction and land loans, loan origination and underwriting, and commercial business loans, as well as consumer loans primarily comprising automobile and home-equity loans, and lines of credit. It operates branch offices in Clallam, Jefferson, King, Kitsap, Snohomish, and Whatcom Counties, Washington. First Northwest Bancorp was founded in 1923 and is based in Port Angeles, Washington.
FNWB passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is First Northwest Bancorp (FNWB) undervalued?
Against our discounted cash flow estimate of USD21.18, FNWB at USD11.95 is 77% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is FNWB's P/E ratio?
FNWB trades at 21.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does First Northwest Bancorp (FNWB) pay a dividend?
Yes. First Northwest Bancorp yields 2.90% at the current share price. It has paid a dividend in each of the last 8 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.