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

First Financial Northwest (NASDAQ:FFNW) posted its quarterly earnings data on Tuesday. The bank reported $0.13 earnings per share for the quarter, topping the consensus estimate 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 Price Performance

NASDAQ FFNW traded up $0.17 on Tuesday, hitting $21.42. 387 shares of the company were exchanged, compared to its average volume of 26,609. 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 company has a market cap of $197.66 million, a P/E ratio of 194.70 and a beta of 0.53. First Financial Northwest has a 1-year low of $20.10 and a 1-year high of $23.50. The firm has a 50 day moving average of $21.72 and a two-hundred day moving average of $22.10.

Analysts Set New Price Targets

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

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.