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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#2732
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Banking
$74M
Matthew P. Deines
First Northwest Bancorp provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington. It accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts. The company was founded in 1923 and is based in Port Angeles, Washington.
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Dates updated upon official exchange announcement.
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| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$FNWB First Northwest Bancorp | 45 | 32 | 42 | 50 | 109.4x | - | -4.2% | -0.3% | 0.0% | -8.8% | -6.1% | -6.0% | 3.6% | 1266.0x | $74M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
First Northwest Bancorp (FNWB) receives a "Reduce" rating with a composite score of 45.4/100. It ranks #2732 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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In-line with peers — no strong momentum signal
Fair valuation relative to peers
Weak fundamentals — higher risk of value trap
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for FNWB.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 32 | 50 | -18DRAG |
| MOMENTUM | 50 | 52 | -2NEUTRAL |
| VALUATION | 42 | 47 | -5NEUTRAL |
| INVESTMENT | 31 | 44 | -13DRAG |
| STABILITY | 44 | 40 | +4NEUTRAL |
| SHORT INT | 55 | 66 | -11DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC -0.0% vs WACC 3.2% (spread -3.3%)
GM 0% vs sector 78%, OM -9% vs sector 18%
Capital turnover 0.11x
Rev growth -6%, 10yr history
Interest coverage -0.0x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate First Northwest Bancorp (FNWB) as a Reduce with a composite score of 45.4/100 at a current price of $9.54. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
First Northwest Bancorp holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 45.4/100 places it at rank #2732 in our full universe.
No Moat
High
Poor
Fair Value
Stable competitive position in a defensive sector.
Elevated P/E ratio of 109.4x leaves little room for execution misses.
Leverage of 1266% D/E amplifies downside risk.
Below-average quality raises earnings sustainability concerns.
First Northwest Bancorp represents a reduce based on multi-factor quantitative performance.
First Northwest Bancorp receives a Reduce rating from our analysis, with a composite score of 45.4/100 and 2 out of 5 stars, ranking #2732 out of 7,333 stocks. FNWB's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
FNWB's quality score of 32/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of -4.2% (sector avg: 9.0%), gross margins of 0.0% (sector avg: 77.7%), net margins of -6.1% (sector avg: 21.9%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
With a value score of 42/100, FNWB appears somewhat expensive relative to its fundamentals. Key valuation metrics include a P/E ratio of 109.44x, a P/B ratio of 0.57x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
First Northwest Bancorp's investment score of 31/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of -6.0% vs. a sector average of 10.7% and a return on assets of -0.3% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
FNWB demonstrates moderate momentum with a score of 50/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at -6.0% year-over-year, while a beta of 0.41 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
FNWB's stability score of 44/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 0.41 and a debt-to-equity ratio of 1266.00x (sector avg: 0.5x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
The short interest score of 55/100 for FNWB suggests somewhat elevated bearish positioning by institutional traders. Specific risk factors include elevated leverage (D/E: 1266.00x), micro-cap liquidity risk. With a $74M market cap (micro-cap), First Northwest Bancorp may experience above-average volatility. Investors should consider whether the short thesis has merit or if it creates a potential short-squeeze opportunity.
FNWB pays a solid dividend yield of 3.6%, contributing an income component to total returns. This compares to a sector average dividend yield of 2.0%. This moderate yield suggests a balance between returning capital to shareholders and retaining earnings for reinvestment — a common profile among quality compounders.
First Northwest Bancorp is a micro-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #2732 of 7,333 overall (63rd percentile). Key comparisons include ROE of -4.2% trailing the 9.0% sector median and operating margins of -8.8% below the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While FNWB currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
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Improvement in Investment (31) would have the largest impact on the composite score.
ROE 147% BELOW SECTOR MEDIAN
Gross Margin 100% BELOW SECTOR MEDIAN
Op. Margin 148% BELOW SECTOR MEDIAN
While it may not be enough for some shareholders, we think it is good to see the First Northwest Bancorp ( NASDAQ:FNWB...
First Northwest Bancorp (FNWB) Q4 earnings: GAAP EPS $0.04, revenue $18.38M, NIM rises to 3.00% as deposit costs fall.
First Northwest Bancorp (FNWB) delivered earnings and revenue surprises of -55.56% and +7.49%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?
First Financial (FFNW) delivered earnings and revenue surprises of -233.33% and 2.40%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Bank of Marin (BMRC) delivered earnings and revenue surprises of -35.71% and 5.40%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Above 50MA
37.18%
Net New Highs
+51081