First Financial Northwest (NASDAQ:FFNW) Announces Quarterly Earnings Results

First Financial Northwest (NASDAQ:FFNW) announced its quarterly earnings results on Tuesday. The bank reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.08, Zacks reports. First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%.

First Financial Northwest Stock Up 0.8 %

Shares of NASDAQ:FFNW traded up $0.17 during trading on Tuesday, hitting $21.42. 387 shares of the company were exchanged, compared to its average volume of 26,609. First Financial Northwest has a fifty-two week low of $20.10 and a fifty-two week high of $23.50. The stock has a market cap of $197.66 million, a price-to-earnings ratio of 194.70 and a beta of 0.53. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. The firm has a fifty day moving average price of $21.72 and a two-hundred day moving average price of $22.10.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of First Financial Northwest from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th.

First Financial Northwest Company Profile

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.