Alert: New Earnings Report (7/25/24)-First Northwest Bancorp (NASDAQ: FNWB).

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First Northwest Bancorp (NASDAQ: FNWB) has reported E.P.S. of $0.16 for its second fiscal quarter (ending June 30) versus $0.20 for the same period a year ago — a decline of -20%. However, this result exceeded the consensus estimate of $0.08 by $0.08. For the latest four quarters through June 30, E.P.S. were $-0.14 compared to $1.72 a year ago — a decline of -108%.

Recent Price Action

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First Northwest Bancorp (NASDAQ: FNWB) stock declined modestly by -1.3% on 7/25/24. The stock closed at $10.24. However, trading volume in this decline was below average at 72% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 0.7% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, FNWB is expected to continue to be Value Creation neutral.

First Northwest Bancorp has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. First Northwest Bancorp has a slightly positive Appreciation Score of 68 but a very low Power Rating of 9, triggering the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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