First Financial Northwest (NASDAQ:FFNW) Issues Earnings Results, Misses Expectations By $0.14 EPS

First Financial Northwest (NASDAQ:FFNW) posted its quarterly earnings data on Tuesday. The bank reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.14), RTT News reports. First Financial Northwest had a return on equity of 1.98% and a net margin of 3.89%. During the same period in the prior year, the business posted $0.16 EPS.

First Financial Northwest Price Performance

First Financial Northwest stock opened at $22.66 on Wednesday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.10 and a current ratio of 1.10. First Financial Northwest has a 52 week low of $10.78 and a 52 week high of $23.50. The stock has a market capitalization of $207.88 million, a P/E ratio of 68.67 and a beta of 0.53. The stock has a fifty day moving average of $22.60 and a 200-day moving average of $21.66.

Analyst Upgrades and Downgrades

FFNW has been the topic of a number of recent analyst reports. Piper Sandler cut First Financial Northwest from an “overweight” rating to a “neutral” rating and set a $23.50 price target on the stock. in a research report on Friday, July 26th. StockNews.com lowered shares of First Financial Northwest from a “hold” rating to a “sell” rating in a report on Tuesday.

About First Financial Northwest

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, savings accounts, and certificates of deposit.