FIRST FINANCIAL NORTHWEST(NASDAQ:FFNW) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 22, 2016. Company reported revenue of $8.89M. Analysts estimated a revenue of $8.00M. Earnings per share were $0.11. Analysts had estimated an EPS of $0.16.

FIRST FINANCIAL NORTHWEST (FFNW) shares turned negative on Thursdays trading session with the shares closing down -0.02 points or -0.14% at a volume of 45,651. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $13.97. The peak price level was also seen at $13.97 while the days lowest was $13.86. Finally the shares closed at $13.92. The 52-week high of the shares is $14 while the 52-week low is $11.61. According to the latest information available, the market cap of the company is $186 M.

Several Insider Transactions has been reported to the SEC. On Dec 7, 2015, Herman L Robinson (Sr.VP and CCO of the Bank) sold 4,275 shares at $13.70 per share price.Also, On Nov 5, 2015, Kathleen Smythe (director) purchased 5,000 shares at $12.75 per share price.On Mar 6, 2015, Daniel L Stevens (director) purchased 2,500 shares at $12.01 per share price, according to the Form-4 filing with the securities and exchange commission.

First Financial Northwest Inc. (First Financial Northwest) is a holding company for First Savings Bank Northwest (the Bank). The Company is a savings and loan holding company. The Bank is a savings bank primarily serving King and to a lesser extent Pierce Snohomish and Kitsap counties Washington through its full-service banking office located in Renton Washington. The Bank’s business consists of attracting deposits from the public and utilizing these funds to originate one- to four-family residential multifamily commercial real estate construction/land development business and consumer loans. First Financial Diversified Corporation a subsidiary of the Company holds a loan portfolio of one-to-four family residential commercial real estate business and consumer loans.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *