First Northwest Bancorp posts Q1 net income of $0.4M, declares $0.07 dividend and new buyback plan

First Northwest Bancorp

2024-Q1 EPS reported $0.04

Net income $0.4M ($0.04 diluted EPS) vs Q4 loss of $5.5M; YoY net income was $3.5M.
Total revenue net of interest expense $16.1M, down from $18.6M YoY; net interest margin 2.76% vs 3.46%.
Board declared $0.07 quarterly dividend, payable May 24, 2024 to holders of record May 10, 2024.
Board approved new stock buyback plan for up to 10% of outstanding shares; prior plan repurchased over 25% of IPO shares.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

First Northwest Bancorp reported quarter ended March 31, 2024 results: net income $0.4 million, EPS $0.04 per share.

Period: quarter ended March 31, 2024
Net income: $0.4 million
EPS: $0.04 per share
Result: reported results

Exact text from the filing

First Northwest Bancorp Reports First Quarter 2024 Financial Results

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Source: SEC EDGAR

accession 0001437749-24-013179

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