企業概要
First Northwest Bancorp operates as a bank holding company that facilitates the provision of comprehensive commercial and consumer banking services to individuals, businesses, and nonprofit organizations throughout the United States via its subsidiary, First Fed Bank. This entity functions within the Financial Services sector, specifically classified under the Banks - Regional industry, which implies a focus on localized lending and deposit-taking activities rather than nationwide systemic operations. The company maintains a relatively modest scale with a market capitalization of $88.93M and employs 242 staff members to support its operational footprint. The annual revenue stands at $60.56M, a figure that, when combined with the market cap, indicates a valuation where the market prices the company at approximately 1.46 times its trailing twelve-month sales, suggesting a premium or discount relative to typical regional peer averages depending on growth expectations.
財務健全性
The company reported a revenue of $60.56M for the trailing twelve months, while the net income registered a loss of $-4,191,000, and the EBITDA metric is not disclosed in the available data. The significant gap between the positive revenue of $60.56M and the negative net income of $-4,191,000 reveals a cost structure where operating expenses or loan loss provisions have exceeded total earnings generated from interest income and fees. Regarding cash generation, the Free Cash Flow is not available in the current dataset, which limits the immediate assessment of the company's financial flexibility and its ability to fund capital expenditures without relying solely on external financing. The gross margin is recorded at 0.0%, a standard characteristic for financial institutions where the primary revenue is interest-based rather than from the sale of goods, making the operating margin of 35.9% a more relevant indicator of operational efficiency. However, the profit margin stands at -6.9%, reflecting the net impact of all expenses on the bottom line. In terms of liquidity and leverage, the company holds $85.12M in cash against a total debt load of $326.28M, resulting in a debt-to-equity ratio that is not explicitly calculable from the provided figures but indicates a leveraged balance sheet. The Current Ratio is not disclosed, so a direct assessment of short-term liquidity relative to current liabilities cannot be made based on the available data. Furthermore, the Return on Equity is -2.7% and the Return on Assets is -0.2%, metrics that collectively reveal that management has not been effective in generating returns for shareholders or utilizing the asset base profitably during this period.
バリュエーション評価
The trailing twelve-month P/E ratio is not available due to the negative earnings, whereas the forward P/E is 10.16, which implies that the market expects earnings to recover or grow significantly to justify a multiple of 10.16 times next year's projected earnings. The price-to-book ratio is 0.56, indicating that the market values the company at 56% of its book value, which suggests the market prices the stock at a substantial discount relative to the net asset value per share. As an alternative valuation metric, the price-to-sales ratio is 1.47, and the EV/EBITDA is not available, meaning investors must rely on the P/S ratio to gauge valuation relative to revenue generation capabilities. The stock has traded within a 52-week range between a low of $6.05 and a high of $10.98, and without the specific current price, the exact position within this range cannot be calculated, but the spread indicates a volatility of nearly 80% over the past year. The beta is 0.58, which signifies that the stock's price volatility is historically less than half that of the broader market, suggesting lower sensitivity to overall market movements compared to large-cap financial stocks.
Growth & Income
The revenue growth year-over-year is 63.6%, while the earnings growth year-over-year is not available due to the current loss, making a direct comparison of earnings growth versus revenue growth impossible under current conditions. For dividend purposes, the company offers a dividend yield of 2.8%, supported by a payout ratio of 107.7%, which indicates that the dividend is being paid out of reserves or prior earnings rather than current net income. Given that the payout ratio exceeds 100% while the net income is negative, the sustainability of the dividend is currently compromised, as the company is not generating sufficient current profits to cover the payout without drawing down cash reserves. The overall growth and income profile presents a dichotomy of strong top-line expansion driven by a 63.6% increase in revenue, contrasted with a negative net income and a dividend payout that exceeds current earnings capabilities.