First Financial Financials

FFNW Stock  USD 22.47  0.09  0.40%   
Based on the analysis of First Financial's profitability, liquidity, and operating efficiency, First Financial Northwest is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, First Financial's Non Current Assets Total are fairly stable compared to the past year. Net Receivables is likely to climb to about 1.2 B in 2024, whereas Net Debt is likely to drop slightly above 75 M in 2024. Key indicators impacting First Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1449
Sufficiently Down
Slightly volatile
Return On Assets0.00310.0042
Way Down
Slightly volatile
Return On Equity0.02680.039
Way Down
Very volatile
Debt Equity Ratio0.590.81
Way Down
Slightly volatile
Operating Income7.5 M7.9 M
Notably Down
Slightly volatile
Current Ratio828872
Notably Down
Slightly volatile
The financial analysis of First Financial is a critical element in measuring its lifeblood. Investors should not minimize First Financial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

3.86 Million

  
Understanding current and past First Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in First Financial's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in First Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Financial Northwest. Check First Financial's Beneish M Score to see the likelihood of First Financial's management manipulating its earnings.

First Financial Stock Summary

First Financial competes with Home Federal, First Northwest, First Capital, Community West, and HomeTrust Bancshares. First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. First Financial Northwest, Inc. was founded in 1923 and is headquartered in Renton, Washington. First Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 144 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS32022K1025
CUSIP32022K102
LocationWashington; U.S.A
Business Address201 Wells Avenue
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ffnwb.com
Phone425 255 4400
CurrencyUSD - US Dollar

First Financial Key Financial Ratios

First Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.5B1.5B1.2B
Net Debt114.7M43.3M25.4M124.1M119.4M75.0M
Other Assets1.0B1.0B979.7M1.0B1.2B658.5M
Total Liab1.2B1.2B1.3B1.3B1.3B1.1B
Other Liab11.8M13.7M12.1M23.7M27.3M28.7M
Retained Earnings73.3M78.0M86.2M95.1M96.2M68.4M
Accounts Payable285K211K112K328K2.7M2.6M
Cash23.0M80.5M73.4M24.3M8.4M8.0M
Long Term Debt137.7M120M95M145M125M113.3M
Intangible Assets968K824K684K548K419K398.1K
Other Current Liab(285K)120.3M95.6M145.2M690.0M724.5M
Net Receivables4.1M5.5M5.3M6.5M1.2B1.2B
Total Current Assets163.7M213.5M247.6M248.6M37.9M36.0M
Other Current Assets27.6M86.5M78.7M30.8M37.9M36.0M
Inventory(27.6M)(86.5M)(78.7M)(30.8M)(1.2B)(1.1B)
Net Tangible Assets154.5M154.6M156.3M158.9M143.0M129.1M
Capital Surpluse87.4M82.1M72.3M72.4M65.2M92.2M
Short Term Debt138.3M120.7M95.8M145.8M125.8M120.3M

First Financial Key Income Statement Accounts

The reason investors look at the income statement is to determine what First Financial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense20.7M15.6M8.8M10.9M37.6M39.5M
Total Revenue43.0M44.9M48.8M51.6M78.2M82.1M
Gross Profit43.0M44.9M48.8M51.6M78.2M82.1M
Operating Income12.9M10.5M15.2M27.3M7.9M7.5M
Ebit12.9M10.5M15.2M16.4M7.9M7.5M
Ebitda14.8M12.7M17.3M18.6M7.9M7.5M
Income Before Tax12.9M10.5M15.2M16.4M7.9M5.1M
Net Income10.4M8.6M12.2M13.2M6.3M3.9M
Income Tax Expense2.6M1.9M2.9M3.2M1.6M1.3M
Tax Provision2.6M1.9M2.9M3.2M2.0M2.7M
Net Interest Income38.5M40.1M44.6M48.1M43.3M43.7M
Interest Income59.3M55.8M53.5M58.9M74.8M59.1M

First Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash6.0M57.5M(7.1M)(49.1M)6.2M6.5M
Free Cash Flow10.1M9.7M16.4M27.1M3.7M3.5M
Depreciation1.8M2.2M2.2M2.2M2.0M1.5M
Other Non Cash Items(576K)1.6M445K(720K)(763K)(724.9K)
Capital Expenditures3.0M2.3M2.0M906K507K481.7K
Net Income10.4M8.6M12.2M13.2M6.3M3.3M
End Period Cash Flow23.0M80.5M73.4M24.3M30.5M45.8M
Dividends Paid3.5M3.9M4.1M4.3M4.8M3.3M
Change To Netincome3.2M1.9M2.0M210K189K179.6K
Investments(77.7M)15.1M(52.5M)(149.9M)(12.2M)(12.8M)
Change Receivables(70K)(1.4M)223K(1.2M)(1.1M)(1.0M)
Net Borrowings(8.8M)(17.7M)(25M)50M45M47.3M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Financial's current stock value. Our valuation model uses many indicators to compare First Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Financial competition to find correlations between indicators driving First Financial's intrinsic value. More Info.
First Financial Northwest is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Financial Northwest is roughly  9.57 . At this time, First Financial's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

First Financial Northwest Systematic Risk

First Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on First Financial Northwest correlated with the market. If Beta is less than 0 First Financial generally moves in the opposite direction as compared to the market. If First Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Financial Northwest is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Financial is generally in the same direction as the market. If Beta > 1 First Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.39)

At this time, First Financial's Price Earnings To Growth Ratio is fairly stable compared to the past year.

First Financial November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Financial Northwest. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Financial Northwest based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Financial's daily price indicators and compare them against related drivers.

Additional Tools for First Stock Analysis

When running First Financial's price analysis, check to measure First Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Financial is operating at the current time. Most of First Financial's value examination focuses on studying past and present price action to predict the probability of First Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Financial's price. Additionally, you may evaluate how the addition of First Financial to your portfolios can decrease your overall portfolio volatility.