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First Northwest Bancorp - FNWB STOCK NEWS

Welcome to our dedicated news page for First Northwest Bancorp (Ticker: FNWB), a resource for investors and traders seeking the latest updates and insights on First Northwest Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Northwest Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Northwest Bancorp's position in the market.

News
First Fed Fortifies Executive Organization
Rhea-AI Summary
First Fed Bank appoints David Edelstein as Chief Innovation Officer and Chris Riffle as Chief Strategy Officer to enhance digital and strategic focus. Edelstein brings 25 years of experience in financial services and technology, aiming to transform First Fed into a world-class community bank. Riffle, previously General Counsel, will now lead strategic initiatives for the bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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News
Sean Brennan Appointed to First Fed Board
Rhea-AI Summary
First Northwest Bancorp's subsidiary, First Fed Bank, appoints Sean Brennan, a seasoned financial industry leader, to its Board of Directors. Brennan's extensive experience in commercial banking and track record of growth are expected to enhance the board's oversight and insight. His appointment reflects First Fed's commitment to conservative financial management and community service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
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none
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News
First Northwest Bancorp Reports Fourth Quarter 2023 Results of Operations
Rhea-AI Summary
First Northwest Bancorp reported a net loss of $5.5 million in the 4th quarter of 2023, compared to a net income of $2.5 million in the 3rd quarter of 2023 and $6.1 million in the 4th quarter of 2022. The company posted an operating loss in the 4th quarter due to a restructure of its bond portfolio, but experienced an increase in tangible book value per share compared to previous periods. Despite the challenges, the company remains focused on its customers and their financial needs. The Board of Directors declared a quarterly cash dividend of $0.07 per common share. Overall, the financial results for 2023 show a decrease in net income, an increase in tangible book value, growth in loans and deposits, and a repositioning of the securities portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
earnings
News
Sherilyn Anderson Elected as First Fed Board Vice Chair
Rhea-AI Summary
First Fed Bank, a subsidiary of First Northwest Bancorp (FNWB), announced the election of Sherilyn Anderson as Board Vice Chair. Anderson, a seasoned financial leader, brings deep banking industry experience and a strong focus on financial stewardship. With over 30 years of leadership experience in investment banking divisions of major financial institutions, Anderson's appointment signals a strategic move towards financial stewardship and growth opportunities for the company. Jennifer Zaccardo, the previous Board Vice Chair, will remain an active member on the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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News
KBRA Comments on First Northwest Bancorp
Rhea-AI Summary
KBRA comments on the recent FDIC consent order against Port Angeles, Washington-based First Fed Bank (FNWB). The consent order is related to findings in connection to the banking relationship with Quin Ventures, a Joint Venture established in 2021. First Fed Bank self-reported the issue in 2022 and is cooperating with the consent order requirements. KBRA affirmed the ratings for First Northwest Bancorp and First Fed Bank, with a Stable Outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
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none
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News
First Northwest Bancorp Reports Third Quarter 2023 Earnings
Rhea-AI Summary
First Northwest Bancorp reports third quarter financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.78%
Tags
earnings
News
Geri Bullard Promoted to COO of First Fed
Rhea-AI Summary
First Fed Bank promotes Geri Bullard to Chief Operating Officer, combining the COO and CFO roles to align operational and financial strategic initiatives. Bullard has over 20 years of leadership experience in financial services. Chris Riffle continues as Chief Digital Officer and General Counsel, leading various departments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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none
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News
First Northwest Bancorp Reports Second Quarter 2023 Earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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earnings
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News
First Northwest Bancorp Reports First Quarter 2023 Earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
earnings
News
First Northwest Bancorp Reports Fourth Quarter 2022 Earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
earnings
Stock FNWB logo
First Northwest Bancorp

Nasdaq:FNWB

FNWB Rankings

#4279 Ranked by Market Cap
#2947 Ranked by Stock Gains
N/A Ranked by Dividends

FNWB Stock Data

109.54M
6.36M
20.04%
59.48%
0.38%
Savings Institutions
Finance and Insurance
Link
US
Port Angeles

About FNWB

first federal is committed to pledging our resources to the customers and communities we serve. we set the standard for excellence in community banking, and are devoted to providing our customers with innovative banking solutions that help them meet their financial goals. our “hometown” touch allows us to offer personalized products and services to the communities we serve throughout western washington. our 12 locations are situated throughout forks, port angeles, sequim, port townsend, silverdale, bellingham, seattle and bainbridge island. through service, leadership and strong financial performance, we… • put our resources to work to strengthen communities and support local business. • deliver banking services that promote customer convenience and choice. • attract, develop and retain phenomenal talent who love their jobs and love where they live. core values community • excellence • collaboration • integrity • accountability member fdic, equal housing lender, nmls institution # 4035