FNWB
First Northwest BancorpFinancial Services·Banks - Regional
$9.97
$95M market cap
Revenue
$45.7M
Free Cash Flow
$10.7M
Rev Growth
+0.0%
FCF Margin
23.5%
P/FCF
8.8x
EV/FCF
30.5x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. It accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit. The company also originates one- to four-family mortgage loans, commercial and multi-family real estate loans, const
2-Year Price History
$9.60+0.0%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 27.3 | -0.3 | -0.3 | 0.0 | 0.9 | 0.4 | -0.5 | 111.7 | 344.4 | 8.9 | -0.2% | -0.0x | -- |
| Act | 2025-Q4 | 18.4 | 0.5 | 0.5 | 0.4 | 10.3 | 10.3 | -0.0 | 90.7 | 324.6 | 9.6 | 0.4% | 0.0x | -- |
Valuation & Metrics
Market Stats
Price$9.97
Market Cap$95M
Enterprise Value$327M
P/S Ratio2.1x
P/FCF8.8x
EV/FCF30.5x
FCF Margin (TTM)23.5%
FCF Yield11.3%
Dividend Yield (TTM)2.8%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$45.7M
Net Income$0.4M
Free Cash Flow$10.7M
Revenue Growth (YoY)+0.0%
EBITDA Margin0.4%
Net Margin0.8%
FCF Margin23.5%
CapEx % of Revenue1.0%
SBC % of Revenue1.2%
ROIC0.1%
WC Change % Rev-3.3%
Interest Coverage0.0x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.1M
Days to Cover1.4
Change (vs Prior)+26.4%
Need at least 2 settlement dates for chart
Employees
Headcount227
Revenue / Employee$201,419
Gross Profit / Employee$102,335
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
26.3%(-12.0% YoY)
32 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
8.0%(-3.1% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.1%(-0.3% YoY)
2 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Fourthstone LLC | $8.0M | $11.91 | −$132K | +$525K | -1.7% | $590M |
| FMR LLC | $4.1M | $12.39 | −$2.4M | −$3.2M | -0.0% | $1.89T |
| RENAISSANCE TECHNOLOGIES LLC | $2.9M | $8.90 | +$375K | +$563K | +1.2% | $63.91B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $2.9M | $8.68 | +$2.9M | +$2.9M | — | $4.04T |
| Petiole USA ltd | $2.2M | $14.34 | −$42K | −$42K | -1.5% | $143M |
| DIMENSIONAL FUND ADVISORS LPPassive | $2.0M | $13.09 | −$470K | −$923K | -0.4% | $480.92B |
| KENNEDY CAPITAL MANAGEMENT LLC | $1.1M | $10.18 | −$1.1M | −$1.7M | -1.5% | $4.72B |
| BlackRock, Inc.Passive | $999K | $10.35 | +$20K | −$163K | -0.2% | $5.69T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $697K | $12.71 | −$59K | −$72K | +2.3% | $1.61T |
| Pinnacle Holdings, LLC | $693K | $8.01 | −$44K | +$693K | -0.2% | $288M |
| Huber Capital Management LLC | $641K | $8.18 | −$15K | +$509K | -0.3% | $647M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $547K | $10.22 | −$86K | −$86K | +0.1% | $184.72B |
| HoldCo Asset Management, LP | $519K | $14.55 | +$0 | +$519K | -0.8% | $1.34B |
| Arcus Capital Partners, LLC | $495K | $9.00 | +$265K | +$495K | +0.3% | $278M |
| BANK OF AMERICA CORP /DE/ | $428K | $15.08 | +$0 | −$13K | -0.1% | $1.36T |
| MARSHALL WACE, LLP | $420K | $8.68 | +$420K | +$420K | +0.6% | $92.71B |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $403K | $12.30 | +$16K | +$41K | -2.3% | $4.93B |
| VANGUARD FIDUCIARY TRUST COPassive | $388K | $8.68 | +$388K | +$388K | — | $395.83B |
| COLDSTREAM CAPITAL MANAGEMENT INC | $308K | $11.74 | +$0 | +$0 | -0.3% | $8.12B |
| STATE STREET CORPPassive | $287K | $9.96 | +$0 | +$0 | -0.2% | $2.89T |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
-0.74%
avg per quarter
Holders (ex-self)
-0.68%
excl. this stock
Buyers (this Q)
+0.17%
14 buyers · $0.00B in
Sellers (this Q)
-0.65%
15 sellers · $0.01B out
alpha coverage: 90% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
+7.8%
how holders react when this stock falls
On quiet Qs
-8.7%
−10% to +10% baseline
On rallies (+10%+)
+8.3%
how they react when this stock rises
Holders' portfolio flow this Q
+0.9%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.1%
Sellers' overall flow ~ flat.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-10.4%
Holder mid (any stock)
-6.9%
Holder rally (any stock)
-3.0%
Biggest decreases this quarter
FMR LLC−$2.4Mα-0.0Private Capital Management, LLCexited−$1.9MKENNEDY CAPITAL MANAGEMENT LLC−$1.1Mα-1.5DIMENSIONAL FUND ADVISORS LP−$470Kα-0.4CAPTRUST FINANCIAL ADVISORSexited−$237KFourthstone LLC−$132Kα-1.7ARROWSTREET CAPITAL, LIMITED PARTNERSHIP−$86Kα+0.1GEODE CAPITAL MANAGEMENT, LLC−$59Kα+2.3Pinnacle Holdings, LLC−$44Kα-0.2Petiole USA ltd−$42Kα-1.5
New buyers this quarter
Top-5 holders · 63.2%
Fourthstone LLC--
FMR LLC--
RENAISSANCE TECHNOLOGIES LLC--
VANGUARD CAPITAL MANAGEMENT LLC--
Petiole USA ltd--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
FMR LLC471KPrivate Capital Management, LLC—Fourthstone LLC924KRENAISSANCE TECHNOLOGIES LLC338KPacific Ridge Capital Partners, LLC—HoldCo Asset Management, LP60KMANUFACTURERS LIFE INSURANCE COMPANY, THE—Petiole USA ltd258KBrandywine Global Investment Management, LLC—KENNEDY CAPITAL MANAGEMENT LLC128K
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (1 analysts)$8.00-1980.0%
Current Price$9.97
Analyst Ratings
1
Buy: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$94K
3 txns · 3 insiders · 10,270 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-02-06 | BUY | Queyrouze Curt | director, officer: President / CEO | 4,770 | $10.41 | $50K | $570K |
| 2025-07-28 | BUY | Henderson Kyle David | officer: EVP, Chief Credit Officer | 3,000 | $7.74 | $23K | $126K |
| 2025-06-03 | BUY | DEINES MATTHEW | director, officer: President / CEO | 2,500 | $8.30 | $21K | $973K |
Order Flow (FINRA, ~3w lag)
43.9%retail+4.1pp
22.1%dark+8.6pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
FIRST NORTHWEST BANCORP: Administrative Metadata Void of Material Disclosures
Overall Risk
2/10
Fraud
1/10
Dilution
1/10
Insolvency
2/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10