See more : EuroDry Ltd. (EDRY) Income Statement Analysis – Financial Results
Complete financial analysis of First Financial Northwest, Inc. (FFNW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Financial Northwest, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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First Financial Northwest, Inc. (FFNW)
About First Financial Northwest, Inc.
First Financial Northwest, Inc. operates as the bank 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 accounts, statement savings accounts, and certificates of deposit. Its loan products comprise one-to-four family residential loans; multifamily and commercial real estate loans; construction/land loans for the construction of single-family residences, condominiums, townhouses, multifamily properties, and residential developments; business loans; and consumer loans, such as home equity loans and savings account loans. The company also provides wealth management services; and online banking platform, as well as debit cards and ATMs. As of December 31, 2021, it operated seven retail branches in King County, five retail branches in Snohomish County, and two retail branches in Pierce County, Washington. First Financial Northwest, Inc. was founded in 1923 and is headquartered in Renton, Washington.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43.52M | 51.60M | 48.84M | 44.91M | 43.05M | 44.05M | 39.83M | 36.77M | 32.25M | 32.86M | 32.88M | 30.66M | 35.10M | 34.03M | 33.30M | 32.82M | 24.31M | 228.00K | 491.00K | 17.13M | 13.14M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 43.52M | 51.60M | 48.84M | 44.91M | 43.05M | 44.05M | 39.83M | 36.77M | 32.25M | 32.86M | 32.88M | 30.66M | 35.10M | 34.03M | 33.30M | 32.82M | 24.31M | 228.00K | 491.00K | 17.13M | 13.14M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 24.67M | 25.09M | 26.55M | 26.36M | 24.64M | 24.29M | 22.29M | 18.50M | 17.08M | 14.85M | 17.17M | 17.41M | 19.10M | 18.40M | 14.86M | 11.54M | 7.98M | 5.33M | 2.88M | 0.00 | 0.00 |
| Selling & Marketing | 343.00K | 303.00K | 154.00K | 197.00K | 339.00K | 344.00K | 270.00K | 194.00K | 211.00K | 97.00K | 104.00K | 227.00K | 205.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 34.90M | 25.40M | 26.70M | 26.56M | 24.98M | 24.63M | 22.56M | 18.69M | 17.29M | 14.95M | 17.28M | 17.63M | 19.30M | 18.40M | 14.86M | 11.54M | 7.98M | 5.33M | 2.88M | 0.00 | 0.00 |
| Other Expenses | 0.00 | -9.68M | -60.37M | -60.97M | -55.10M | -35.36M | -6.53M | -5.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 152.00K | 0.00 | 0.00 | 40.91M | 32.40M | 15.95M | 17.83M |
| Operating Expenses | 34.90M | 6.14M | -33.67M | -34.41M | -30.12M | -10.72M | 4.25M | 3.61M | 3.39M | 3.02M | 3.18M | 3.55M | 3.82M | 4.04M | 3.91M | 3.81M | 2.60M | 46.24M | 35.27M | 15.95M | 17.83M |
| Cost & Expenses | 34.90M | 6.14M | -33.67M | -34.41M | -30.12M | -10.72M | 4.25M | 3.61M | 3.39M | 3.02M | 3.18M | 3.55M | 3.82M | 4.04M | 3.91M | 3.81M | 2.60M | 46.24M | 35.27M | 15.95M | 17.83M |
| Interest Income | 77.67M | 58.92M | 53.47M | 55.79M | 59.26M | 55.46M | 47.35M | 41.51M | 37.13M | 38.68M | 38.54M | 41.47M | 51.05M | 60.54M | 65.03M | 68.60M | 66.57M | 55.26M | 40.29M | 36.46M | 33.90M |
| Interest Expense | 37.62M | 10.89M | 8.82M | 15.65M | 20.71M | 14.74M | 10.02M | 7.51M | 6.75M | 6.24M | 7.53M | 12.25M | 18.49M | 27.56M | 33.91M | 35.98M | 42.85M | 37.25M | 23.67M | 19.34M | 20.76M |
| Depreciation & Amortization | 2.03M | 2.15M | 2.16M | 2.17M | 1.84M | 1.63M | 1.26M | 1.08M | 809.00K | 755.00K | 799.00K | 976.00K | 1.05M | 1.10M | 802.00K | 1.43M | 2.27M | 1.50M | 216.00K | 0.00 | 0.00 |
| EBITDA | 9.89M | 18.56M | 17.33M | 12.67M | 14.77M | 20.22M | 14.68M | 13.68M | 14.86M | 17.30M | 11.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 33.08M | 30.98M |
| EBITDA Ratio | 22.71% | 57.08% | 35.49% | 28.21% | 34.31% | 79.36% | 62.03% | 57.63% | 67.00% | 71.63% | 58.54% | 48.71% | 67.75% | -63.13% | -55.55% | 140.44% | 154.10% | 21,038.60% | 7,327.70% | 193.13% | 235.69% |
| Operating Income | 7.86M | 27.30M | 15.17M | 10.50M | 12.93M | 33.33M | 23.44M | 20.11M | 20.80M | 22.78M | 18.45M | 13.96M | 22.73M | -22.58M | -19.30M | 44.67M | 35.19M | 46.46M | 35.76M | 33.08M | 30.98M |
| Operating Income Ratio | 18.05% | 52.90% | 31.07% | 23.38% | 30.04% | 75.66% | 58.86% | 54.70% | 64.49% | 69.34% | 56.11% | 45.53% | 64.75% | -66.36% | -57.96% | 136.10% | 144.75% | 20,378.95% | 7,283.71% | 193.13% | 235.69% |
| Total Other Income/Expenses | 0.00 | -2.15M | -295.00K | -556.00K | -341.00K | -509.00K | -424.00K | -714.00K | 14.00K | -1.07M | -1.37M | -5.26M | -19.54M | -27.56M | -33.91M | -1.64M | -7.66M | -37.25M | -23.67M | 12.57M | 14.90M |
| Income Before Tax | 7.86M | 16.41M | 15.17M | 10.50M | 12.93M | 18.59M | 13.42M | 12.60M | 14.05M | 16.54M | 10.92M | 1.71M | 4.24M | -50.14M | -53.22M | 8.69M | -7.66M | 9.22M | 12.10M | 13.75M | 10.21M |
| Income Before Tax Ratio | 18.05% | 31.80% | 31.07% | 23.38% | 30.04% | 42.20% | 33.70% | 34.28% | 43.56% | 50.34% | 33.22% | 5.59% | 12.09% | -147.35% | -159.79% | 26.48% | -31.51% | 4,042.11% | 2,463.34% | 80.26% | 77.71% |
| Income Tax Expense | 1.55M | 3.17M | 2.93M | 1.94M | 2.56M | 3.69M | 4.94M | 3.71M | 4.89M | 5.86M | -13.54M | -999.00K | 0.00 | 4.00M | -12.51M | 4.03M | -3.68M | 2.13M | 3.02M | 3.69M | 2.76M |
| Net Income | 6.31M | 13.24M | 12.25M | 8.56M | 10.37M | 14.90M | 8.48M | 8.89M | 9.16M | 10.69M | 24.47M | 2.71M | 4.24M | -54.14M | -40.71M | 4.66M | -3.98M | 7.09M | 9.07M | 10.06M | 7.45M |
| Net Income Ratio | 14.49% | 25.66% | 25.08% | 19.05% | 24.09% | 33.82% | 21.29% | 24.19% | 28.40% | 32.52% | 74.42% | 8.85% | 12.09% | -159.10% | -122.23% | 14.20% | -16.39% | 3,108.77% | 1,848.07% | 58.70% | 56.71% |
| EPS | 0.69 | 1.47 | 1.31 | 0.88 | 1.04 | 1.45 | 0.82 | 0.75 | 0.67 | 0.72 | 1.47 | 0.15 | 0.24 | -3.11 | -2.18 | 0.22 | -0.17 | 0.31 | 0.40 | 0.44 | 0.33 |
| EPS Diluted | 0.69 | 1.45 | 1.29 | 0.88 | 1.03 | 1.43 | 0.81 | 0.74 | 0.67 | 0.71 | 1.46 | 0.15 | 0.24 | -3.11 | -2.18 | 0.22 | -0.17 | 0.31 | 0.40 | 0.44 | 0.33 |
| Weighted Avg Shares Out | 9.13M | 9.01M | 9.34M | 9.73M | 9.98M | 10.31M | 10.29M | 11.87M | 13.53M | 14.75M | 16.58M | 17.64M | 17.53M | 17.42M | 18.66M | 21.08M | 22.86M | 22.86M | 22.86M | 22.86M | 22.86M |
| Weighted Avg Shares Out (Dil) | 9.15M | 9.10M | 9.45M | 9.76M | 10.08M | 10.42M | 10.44M | 12.03M | 13.69M | 14.89M | 16.61M | 17.66M | 17.53M | 17.42M | 18.66M | 21.08M | 22.86M | 22.86M | 22.86M | 22.86M | 22.86M |
First Financial Northwest, Inc. Reports Net Income of $1.5 Million or $0.16 per Diluted Share for the Second Quarter Ended June 30, 2023
RENTON, Washington, July 27, 2023 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income for the quarter ended June 30, 2023, of $1.5 million, or...
First Financial Northwest (FFNW) Misses Q1 Earnings and Revenue Estimates
First Financial Northwest (FFNW) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.36 per share a year ago.
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First Financial Northwest (FFNW) Q4 Earnings and Revenues Lag Estimates
First Financial (FFNW) delivered earnings and revenue surprises of -7.89% and 4.62%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
New Strong Buy Stocks for November 1st
FFNW, PTEN, PRTG, NTNX and GAMB have been added to the Zacks Rank #1 (Strong Buy) List on November 1, 2022.
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AX, AIT and FFNW made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 1, 2022.
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Source: https://incomestatements.info
Category: Stock Reports