Stock events for First Northwest Bancorp (Washington) (FNWB)
Several events impacted FNWB's stock price in the past six months. Curt Queyrouze was appointed as the new CEO and President on September 17, 2025. The company announced its Third Quarter 2025 results on October 27, 2025, reporting a quarterly profit, which led to an 8.6% stock gain, although it missed EPS and revenue expectations. In November 2025, Piper Sandler and UBS Group upgraded the stock, and Wall Street Zen and Zacks Research upgraded it in December 2025 and January 2026. Norman Tonina, Jr. retired from the Boards of Directors on December 10, 2025, and an Executive Vice President resigned on January 8, 2026. FNWB's stock outperformed the market in the last 3-month period, returning +23.8% compared to the S&P's +3.3%.
Demand Seasonality affecting First Northwest Bancorp (Washington)’s stock price
The provided search results do not contain specific information regarding the demand seasonality for First Northwest Bancorp's products and services. There is no explicit data in the current information to detail the demand seasonality for FNWB's offerings.
Overview of First Northwest Bancorp (Washington)’s business
First Northwest Bancorp (FNWB) is a financial holding company operating through its subsidiary, First Fed Bank, established in 1923. It focuses on providing financial products and services to individuals, small businesses, non-profit organizations, and commercial customers. FNWB operates in the Finance sector, specifically Regional Banks, offering deposit instruments and various loans. The company has also invested in non-banking activities, including a stake in The Meriwether Group, LLC, and partnerships for digital financial solutions.
FNWB’s Geographic footprint
First Northwest Bancorp's geographic footprint is concentrated in Washington state. Through First Fed Bank, it operates 17 locations across Clallam, Jefferson, King, Kitsap, and Whatcom counties in western Washington, including full-service branches, business centers, and administration centers.
FNWB Corporate Image Assessment
First Northwest Bancorp, through First Fed, received positive recognition for community involvement, winning awards in the "Best of Olympic Peninsula" surveys in September 2024. However, a lawsuit filed against First Fed Bank in June 2025, alleging complicity in a fraudulent scheme, significantly impacted the company's reputation. The lawsuit claims misappropriation of funds and seeks substantial damages. The company denies the allegations and intends to defend against the lawsuit. This legal challenge coincided with a stock decline and a "WEAK" financial health score.
Ownership
First Northwest Bancorp is a publicly traded company with ownership distributed among institutional, insider, and retail investors. Institutional investors hold approximately 66% of the shares, with major holders including The Vanguard Group, Inc., BlackRock, Inc., and The Goldman Sachs Group, Inc. Individual insiders own about 7.16% of the shares. Hedge funds hold approximately 9.86%, and employee share schemes account for about 10.1%. The general public holds around 32.3% of the shares.
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