Christopher Riffle - First Northwest President

FNWB Stock  USD 9.27  0.25  2.63%   

President

Mr. Christopher J. Riffle is Chief Operating Officer, Executive Vice President, General Counsel, Secretary of the Company since 2018.
Age 49
Tenure 8 years
Address 105 West 8th Street, Port Angeles, WA, United States, 98362
Phone360 457 0461
Webhttps://www.ourfirstfed.com
Riffle was with First Northwest since September 2017 and has played an integral role in ensuring that First Northwest maintains the highest legal and regulatory compliance standards. He has established internal processes and communication standards which have improved efficiency and understanding of a wide variety of legal and regulatory concepts, while at the same time significantly reducing expenses for the Company. Prior to coming to First Northwest, Mr. Riffle was a partner with the Platt Irwin Law Firm, where he represented First Northwest as general counsel for 8 years. Overall, he has practiced law for over 12 years and has developed a wealth of legal expertise and experience which has already proven to be invaluable to First Northwest. His strong legal background combined with his familiarity with First Northwest and its operational functions and needs make him especially suited to take on the responsibilities as Chief Operating Officer for First Northwest.

Christopher Riffle Latest Insider Activity

Tracking and analyzing the buying and selling activities of Christopher Riffle against First Northwest stock is an integral part of due diligence when investing in First Northwest. Christopher Riffle insider activity provides valuable insight into whether First Northwest is net buyers or sellers over its current business cycle. Note, First Northwest insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Northwest'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

First Northwest Management Efficiency

The current year's Return On Tangible Assets is expected to grow to -0.0019. The current year's Return On Capital Employed is expected to grow to -0.0044. At present, First Northwest's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 2 B, whereas Total Assets are forecasted to decline to about 1.5 B. First Northwest's management efficiency ratios could be used to measure how well First Northwest manages its routine affairs as well as how well it operates its assets and liabilities.
First Northwest Bancorp currently holds 341.02 M in liabilities with Debt to Equity (D/E) ratio of 4.32, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about First Northwest's use of debt, we should always consider it together with its cash and equity.

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First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company was founded in 1923 and is based in Port Angeles, Washington. First Nw operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 288 people. First Northwest Bancorp (FNWB) is traded on NASDAQ Exchange in USA and employs 227 people. First Northwest is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Northwest Bancorp Leadership Team

Elected by the shareholders, the First Northwest's board of directors comprises two types of representatives: First Northwest inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Northwest's management team and ensure that shareholders' interests are well served. First Northwest's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Northwest's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Deines, CEO President
Geraldine Bullard, Ex CFO
Geraldine CPA, Executive COO
PHR MBA, VP Angeles
Allison Mahaney, General SVP
Phyllis Nomura, CFO VP
Curt Queyrouze, CEO President
Kyle Henderson, Chief Officer
Christopher Riffle, COO, Executive Vice President General Counsel, Secretary
Derek Brown, Chief Officer
Christopher Neros, Executive Bank
Matthew CPA, CEO President
David Edelstein, Executive Officer

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Northwest a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether First Northwest Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Northwest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Northwest Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Northwest Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Northwest Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Northwest. Market participants price First higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive First Northwest assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
3.25
Dividend Share
0.14
Earnings Share
(0.48)
Revenue Per Share
6.936
Quarterly Revenue Growth
0.739
Investors evaluate First Northwest Bancorp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating First Northwest's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause First Northwest's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between First Northwest's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Northwest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, First Northwest's market price signifies the transaction level at which participants voluntarily complete trades.