First Northwest Bancorp stock reports Q2 profit as target stays 50.8 percent higher

Published on 10/04/2026 at 10:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Northwest Bancorp stock generated USD 308,000 of Q2 2026 net income, versus USD 3.7 million a year earlier. The latest quote was USD 9.95 on October 2, 2026.

FNWB, US3358341077, Illustration mit AI erstellt.

First Northwest Bancorp (ISIN US3358341077) was last at USD 9.95 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, down 0.50 percent. The company reported USD 308,000 of net income for Q2 2026, while the consensus price target stands at USD 15.00.

Q2 profit remains far below 2025

According to StockTitan in its summary of the July 29, 2026 release, second-quarter net income rose from USD 6,000 in Q1 2026 to USD 308,000. The same period produced diluted EPS of USD 0.03, compared with USD 0.42 in Q2 2025.

The year-over-year comparison remains the central weakness: Q2 2026 profit was USD 3.392 million below the prior-year figure of USD 3.7 million. Total assets were USD 2.12 billion at June 30, 2026, down 0.4 percent from the prior quarter and 3.2 percent from a year earlier, according to StockTitan.

Settlement adds a measurable cost

First Fed Bank, the company's subsidiary, agreed on September 15, 2026 to pay USD 1.3 million within 30 days to resolve litigation involving Socotra REIT I, according to StockTitan. The agreement includes a full release of claims and dismissal of the lawsuit with prejudice.

The balance sheet offers a mixed counterpoint. The net interest margin reached 2.95 percent in Q2 2026, above 2.83 percent a year earlier, while the efficiency ratio was 101.3 percent, meaning noninterest expense exceeded net revenue. Nonperforming assets totaled USD 22.3 million, or 1.05 percent of total assets, in the same quarter.

Consensus target leaves a wide gap

MarketBeat reported on September 30, 2026 that one analyst rated the stock Buy and three rated it Hold, producing a consensus Hold rating and a USD 15.00 average price target. Against the USD 9.95 reference price, that target lies 50.8 percent above the price.

Short interest fell 45.1 percent to 40,272 shares as of September 15, 2026, according to MarketBeat. For investors, the key tension is clear: the target implies substantial upside, but operating efficiency and the Q2 earnings comparison remain material constraints.

FNWB stock stays below its yearly high

At USD 9.95 on Nasdaq on October 2, 2026, First Northwest Bancorp stock stood within its 52-week range of USD 7.76 to USD 12.52. Market capitalization was USD 94.5 million and volume was 33,662 shares on the same date.