First Historical Income Statement

FFNW Stock  USD 22.70  0.03  0.13%   
Historical analysis of First Financial income statement accounts such as Gross Profit of 82.1 M or Other Operating Expenses of 10.5 M can show how well First Financial Northwest performed in making a profits. Evaluating First Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Financial Northwest latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Financial Northwest is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Northwest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy First Stock please use our How to Invest in First Financial guide.

About First Income Statement Analysis

First Financial Northwest Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Financial shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Financial Income Statement Chart

At this time, First Financial's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 82.1 M in 2024, whereas EBIT is likely to drop slightly above 7.5 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Financial Northwest minus its cost of goods sold. It is profit before First Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Financial Northwest. It is also known as First Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from First Financial Northwest operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of First Financial Northwest is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from First Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Financial Northwest current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Northwest. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy First Stock please use our How to Invest in First Financial guide.At this time, First Financial's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to climb to about 82.1 M in 2024, whereas EBIT is likely to drop slightly above 7.5 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue48.8M51.6M78.2M82.1M
Interest Expense8.8M10.9M37.6M39.5M

First Financial income statement Correlations

0.710.710.12-0.49-0.46-0.510.14-0.50.46-0.470.01-0.86-0.6-0.140.51-0.330.67-0.540.390.640.470.83
0.711.00.07-0.61-0.68-0.69-0.12-0.150.74-0.190.06-0.76-0.15-0.380.46-0.690.62-0.740.760.830.730.8
0.711.00.07-0.61-0.68-0.69-0.12-0.150.74-0.190.06-0.76-0.15-0.380.46-0.690.62-0.740.760.830.730.8
0.120.070.07-0.29-0.26-0.2-0.840.150.390.020.140.210.350.00.070.110.46-0.610.40.370.61-0.12
-0.49-0.61-0.61-0.290.940.940.340.53-0.750.310.20.540.130.29-0.010.07-0.230.58-0.25-0.43-0.47-0.56
-0.46-0.68-0.68-0.260.940.990.290.44-0.810.250.180.50.040.34-0.10.2-0.340.66-0.44-0.54-0.62-0.55
-0.51-0.69-0.69-0.20.940.990.220.49-0.80.280.190.570.140.31-0.090.2-0.320.63-0.4-0.52-0.58-0.6
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-0.5-0.15-0.150.150.530.440.49-0.270.030.60.360.450.460.140.03-0.2-0.01-0.040.260.10.1-0.36
0.460.740.740.39-0.75-0.81-0.8-0.440.03-0.020.05-0.450.05-0.270.32-0.30.48-0.780.610.730.710.53
-0.47-0.19-0.190.020.310.250.28-0.170.6-0.02-0.530.360.340.11-0.26-0.12-0.180.090.03-0.07-0.03-0.31
0.010.060.060.140.20.180.19-0.090.360.05-0.530.050.090.030.33-0.070.2-0.160.250.190.14-0.02
-0.86-0.76-0.760.210.540.50.57-0.370.45-0.450.360.050.740.09-0.280.49-0.380.37-0.28-0.51-0.3-0.95
-0.6-0.15-0.150.350.130.040.14-0.70.460.050.340.090.74-0.280.050.110.02-0.140.260.050.21-0.6
-0.14-0.38-0.380.00.290.340.310.240.14-0.270.110.030.09-0.280.00.06-0.210.23-0.18-0.19-0.26-0.14
0.510.460.460.07-0.01-0.1-0.09-0.050.030.32-0.260.33-0.280.050.0-0.290.73-0.460.550.70.40.4
-0.33-0.69-0.690.110.070.20.2-0.08-0.2-0.3-0.12-0.070.490.110.06-0.29-0.40.39-0.69-0.56-0.55-0.53
0.670.620.620.46-0.23-0.34-0.32-0.3-0.010.48-0.180.2-0.380.02-0.210.73-0.4-0.780.780.890.780.54
-0.54-0.74-0.74-0.610.580.660.630.57-0.04-0.780.09-0.160.37-0.140.23-0.460.39-0.78-0.8-0.89-0.91-0.51
0.390.760.760.4-0.25-0.44-0.4-0.380.260.610.030.25-0.280.26-0.180.55-0.690.78-0.80.880.910.4
0.640.830.830.37-0.43-0.54-0.52-0.340.10.73-0.070.19-0.510.05-0.190.7-0.560.89-0.890.880.850.67
0.470.730.730.61-0.47-0.62-0.58-0.540.10.71-0.030.14-0.30.21-0.260.4-0.550.78-0.910.910.850.42
0.830.80.8-0.12-0.56-0.55-0.60.23-0.360.53-0.31-0.02-0.95-0.6-0.140.4-0.530.54-0.510.40.670.42
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First Financial Account Relationship Matchups

First Financial income statement Accounts

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
Other Operating Expenses30.1M34.4M33.7M6.1M6.5M10.5M
Operating Income12.9M10.5M15.2M27.3M7.9M7.5M
Ebit12.9M10.5M15.2M16.4M7.9M7.5M
Ebitda14.8M12.7M17.3M18.6M7.9M7.5M
Total Operating Expenses(30.1M)(34.4M)(33.7M)6.1M6.5M6.8M
Income Before Tax12.9M10.5M15.2M16.4M7.9M5.1M
Total Other Income Expense Net12.9M(556K)(295K)(2.2M)7.9M8.3M
Net Income10.4M8.6M12.2M13.2M6.3M3.9M
Income Tax Expense2.6M1.9M2.9M3.2M1.6M1.3M
Depreciation And Amortization1.8M2.2M2.2M2.2M(8.6M)(8.2M)
Selling General Administrative24.6M26.4M26.5M25.1M6.1M5.8M
Net Income Applicable To Common Shares10.4M8.6M12.2M13.2M15.2M10.9M
Selling And Marketing Expenses339K197K154K303K343K252.8K
Net Income From Continuing Ops154.1M147.3M12.2M13.2M8.3M7.9M
Non Operating Income Net Other59.6M56.1M53.8M59.2M68.1M54.2M
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
Reconciled Depreciation1.8M2.2M2.2M2.2M2.0M2.1M

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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.