earnings
confidence high
sentiment positive
materiality 0.75
First Northwest Bancorp Q1 net income $1.5M ($0.17 EPS) vs net loss $2.8M in Q4
First Northwest Bancorp
2025-Q1 EPS reported
-$1.03
- Net income $1.5M ($0.17 per share) in Q1 2025 compared to net loss $2.8M ($0.32 per share) in Q4 2024.
- Adjusted pre-tax pre-provision net revenue (PPNR) of $1.5M, up from $1.4M in Q4 2024 and $1.2M in Q1 2024.
- Declared quarterly dividend of $0.07 per share, payable May 23, 2025 to shareholders of record May 9, 2025.
- Provision for credit losses $1.6M including $1.4M charge-offs on commercial and consumer loans; nonperforming loans down 14% QoQ.
- Reduced borrowings by $28.9M; brokered deposits down $45M while core customer deposits grew $23.0M.