earnings
confidence high
sentiment negative
materiality 0.75
FNWB Q1 2026 net income $6,000 ($0.00 EPS); near-zero profit despite NIM expansion
First Northwest Bancorp
2026-Q1 EPS reported
$0.00
- Q1 2026 net income of $6,000 ($0.00 EPS) vs Q4 2025 net income $382,000 ($0.04 EPS); Q1 2025 net loss $9.0M.
- Net interest margin expanded for sixth consecutive quarter to 3.03% vs 3.00% in Q4 2025; cost of deposits fell to 2.04%.
- Customer deposits rose $24.9M to $1.54B; brokered deposits decreased $22.4M to $64.1M.
- Bank continues to defend legal proceedings; updates on Socotra REIT matter and motion to dismiss counterclaims.
- CEO expects transformation-driven improvement in second half of 2026 and stronger performance in 2027.