First Northwest Bancorp

FNWB · NASDAQ

$9.70+$0.21 (+2.21%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $9.49

FNWB analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 4 analysts

Average $14.28 (+47.2% upside)

Low: $13.13
Now: $9.70
High: $15.75

Upgrades and downgrades

The latest rating actions, newest first

FNWB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Jul 31, 2026	Maintains	Overweight	$13.50 → $15.00	72%
Piper Sandler	Nov 7, 2025	Upgrade	Neutral → Overweight	$10.50 → $13.50	72%

The case for and against

Updated Oct 19, 2025

Bull case

First Northwest Bancorp demonstrates a positive outlook driven by a projected increase in tangible common equity (TCE), which is expected to rise to 7.4% by the fourth quarter of 2026, supported by effective capital management strategies. The bank has shown recent improvements in its financial metrics, with a tangible book value (TBV) increase of 1.2% quarter-over-quarter, reaching $16.48, and TCE strengthening to 7.15%, reflecting stronger profitability characterized by an ROA of 0.28%. Furthermore, an upward trend in commercial deposits, which grew by 4% quarter-over-quarter, adds to the bank's financial stability and growth potential.

Bear case

First Northwest Bancorp has experienced a notable decline in borrowings, which dropped by 9% quarter-over-quarter, indicating a potential weakening in liquidity management. Additionally, average loans also decreased by 3% on a quarter-over-quarter basis, suggesting a contraction in lending activity that may impact revenue generation. The downward trend in both borrowings and loans raises concerns about the company's ability to sustain its growth trajectory in the current financial environment.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.