First Financial Northwest (NASDAQ:FFNW) Posts Earnings Results, Beats Expectations By $0.08 EPS

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

First Financial Northwest Price Performance

Shares of First Financial Northwest stock traded up $0.22 on Tuesday, reaching $21.47. 497 shares of the stock were exchanged, compared to its average volume of 26,609. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market cap of $198.17 million, a PE ratio of 195.20 and a beta of 0.53. The firm’s 50 day moving average is $21.72 and its 200-day moving average is $22.10. First Financial Northwest has a one year low of $20.10 and a one year high of $23.50.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered First Financial Northwest from a “hold” rating to a “sell” rating in a 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.