First Northwest BanCorp to Issue Quarterly Dividend of $0.05 (NASDAQ:FNWB)

First Northwest BanCorp (NASDAQ:FNWB) declared a quarterly dividend on Friday, July 31st, Wall Street Journal reports. Stockholders of record on Friday, August 14th will be paid a dividend of 0.05 per share by the financial services provider on Friday, August 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Thursday, August 13th.

FNWB stock opened at $10.25 on Friday. The company has a 50-day simple moving average of $12.33 and a 200 day simple moving average of $13.17. The company has a market capitalization of $116.39 million, a P/E ratio of 14.31 and a beta of 0.85. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.90. First Northwest BanCorp has a fifty-two week low of $8.77 and a fifty-two week high of $18.25.

First Northwest BanCorp (NASDAQ:FNWB) last released its earnings results on Thursday, July 30th. The financial services provider reported $0.21 EPS for the quarter. The firm had revenue of $14.22 million for the quarter. First Northwest BanCorp had a net margin of 12.82% and a return on equity of 4.36%.

In other First Northwest BanCorp news, CEO Matthew Deines bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of $11.55 per share, with a total value of $57,750.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dana D. Behar bought 4,934 shares of First Northwest BanCorp stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average price of $10.52 per share, with a total value of $51,905.68. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 12,134 shares of company stock worth $134,362 and have sold 3,522 shares worth $43,395. 0.57% of the stock is owned by insiders.

FNWB has been the topic of several recent analyst reports. TheStreet raised First Northwest BanCorp from a “d+” rating to a “c-” rating in a report on Monday, June 15th. ValuEngine upgraded First Northwest BanCorp from a “sell” rating to a “hold” rating in a research report on Thursday, July 2nd.

First Northwest BanCorp Company Profile

First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit.

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Dividend History for First Northwest BanCorp (NASDAQ:FNWB)

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