Alert: Major Price Decline (4/10/24)-First Northwest Bancorp (NASDAQ: FNWB).

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First Northwest Bancorp (NASDAQ: FNWB) stock closed at $13.21 on 4/10/24 after a major decline of -11.3%. NORMAL trading volume accompanied the decline. The stock has declined -15.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

FNWB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

First Northwest Bancorp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. First Northwest Bancorp has a neutral Appreciation Score of 48 but a good Power Rating of 77, leading to the High Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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