First Northwest BanCorp (FNWB) Shares Bought by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC raised its position in shares of First Northwest BanCorp (NASDAQ:FNWB) by 7.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,774 shares of the financial services provider’s stock after purchasing an additional 11,411 shares during the period. Pacific Ridge Capital Partners LLC owned approximately 1.40% of First Northwest BanCorp worth $2,445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FNWB. Dimensional Fund Advisors LP grew its stake in shares of First Northwest BanCorp by 20.3% during the second quarter. Dimensional Fund Advisors LP now owns 236,921 shares of the financial services provider’s stock worth $3,784,000 after buying an additional 39,929 shares during the last quarter. TCW Group Inc. grew its stake in shares of First Northwest BanCorp by 33.9% during the third quarter. TCW Group Inc. now owns 140,178 shares of the financial services provider’s stock worth $2,159,000 after buying an additional 35,528 shares during the last quarter. Renaissance Technologies LLC grew its stake in shares of First Northwest BanCorp by 5.3% during the third quarter. Renaissance Technologies LLC now owns 372,200 shares of the financial services provider’s stock worth $5,732,000 after buying an additional 18,900 shares during the last quarter. Bridgeway Capital Management Inc. grew its stake in shares of First Northwest BanCorp by 11.2% during the third quarter. Bridgeway Capital Management Inc. now owns 54,500 shares of the financial services provider’s stock worth $839,000 after buying an additional 5,500 shares during the last quarter. Finally, Western Standard LLC grew its stake in shares of First Northwest BanCorp by 5.3% during the second quarter. Western Standard LLC now owns 69,599 shares of the financial services provider’s stock worth $1,111,000 after buying an additional 3,500 shares during the last quarter. Institutional investors and hedge funds own 46.86% of the company’s stock.

NASDAQ FNWB opened at $15.04 on Friday. The firm has a market cap of $169.09 million, a price-to-earnings ratio of 25.74 and a beta of 0.56. First Northwest BanCorp has a fifty-two week low of $13.56 and a fifty-two week high of $17.65. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.71.

First Northwest BanCorp (NASDAQ:FNWB) last issued its quarterly earnings data on Thursday, October 25th. The financial services provider reported $0.19 earnings per share for the quarter. First Northwest BanCorp had a net margin of 9.80% and a return on equity of 3.48%. The company had revenue of $10.69 million for the quarter.

The firm also recently disclosed a Not Available dividend, which will be paid on Friday, December 14th. Investors of record on Friday, November 30th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Thursday, November 29th.

Separately, ValuEngine cut shares of First Northwest BanCorp from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd.

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First Northwest BanCorp Company Profile

First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit.

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Institutional Ownership by Quarter for First Northwest BanCorp (NASDAQ:FNWB)

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