# First Northwest Bancorp (FNWB)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $93M  
**Price:** $10.56 (+0.48%)

> First Northwest Bancorp is a financial holding company that primarily operates through its subsidiary, First Federal Savings and Loan Association of Port Angeles. This regional bank focuses on providing a broad array of financial services to its customers, which include individual consumers, small to medium-sized businesses, and local government entities. Its core offerings encompass deposit products, such as savings, checking accounts, and certificates of deposit, along with lending products like residential and commercial loans, construction lending, and consumer loans. 

Headquartered in Port Angeles, Washington, First Northwest Bancorp plays a significant role in meeting the financial needs of communities in the Pacific Northwest region. Emphasizing personalized customer service and local market knowledge, it aids in regional economic development by supporting local housing markets and small business growth. The company's operations contribute to diversified financial portfolios and provide essential banking services in areas that may otherwise be underserved by larger banking institutions. With its local-focused strategy, First Northwest Bancorp remains an integral component of its regional financial ecosystem.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $107M | — | — | -$4M | — |
| 2024 | $112M | — | — | -$7M | — |
| 2023 | $101M | — | — | $2M | — |
| 2022 | $80M | — | — | $16M | — |
| 2021 | $64M | — | — | $15M | — |
| 2020 | $176,000 | — | — | $10M | — |
| 2019 | $229,000 | — | — | $9M | — |
| 2018 | $46M | — | — | $7M | — |
| 2017 | $37M | — | — | $5M | — |
| 2016 | $32M | — | — | $4M | — |
| 2015 | $27M | — | — | -$5M | — |
| 2014 | $27M | — | — | $3M | — |
| 2013 | $26M | — | — | $2M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.11B | $1.95B | $157M | — | — |
| 2024 | $2.23B | $2.08B | $154M | — | — |
| 2023 | $2.20B | $2.04B | $163M | — | — |
| 2022 | $2.04B | $1.88B | $162M | — | — |
| 2021 | $1.92B | $1.73B | $191M | — | — |
| 2020 | $1.65B | $1.47B | $186M | — | $110M |
| 2019 | $1.31B | $1.13B | $177M | — | $113M |
| 2018 | $1.26B | $1.09B | $172M | $26M | $137M |
| 2017 | $1.09B | $910M | $178M | $24M | $77M |
| 2016 | $1.01B | $820M | $190M | $23M | $81M |
| 2015 | $937M | $746M | $191M | $45M | $90M |
| 2014 | $795M | $714M | $81M | $19M | $105M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$3M | — | — |
| 2024 | $17M | — | — |
| 2023 | $18M | $2M | $16M |
| 2022 | $16M | $3M | $13M |
| 2021 | $15M | $6M | $9M |
| 2020 | $13M | $2M | $11M |
| 2019 | $14M | $426,000 | $14M |
| 2018 | $13M | $3M | $10M |
| 2017 | $1M | $956,000 | $179,000 |
| 2016 | $11M | $2M | $9M |
| 2015 | -$1M | $1M | -$2M |
| 2014 | $4M | $2M | $2M |
| 2013 | $11M | $469,000 | $10M |

Source: [CompaniesByCap](https://companiesbycap.com/company/FNWB)