First Northwest Bancorp

We opened our doors in 1923 and to this day, we set the standard for excellence in Community Banking. We’re committed to knowing our customers and communities, so we can provide them with innovative solutions that help meet their financial goals and achieve their dreams. We deliver the best banking experience anywhere, with a ‘home town’ touch.Today we are 10 locations strong, serving Clallam, Jefferson, Kitsap, and Whatcom Counties. VISION Through service, leadership and strong financial performance, we… • Put our resources to work strengthening communities and supporting local business. • Deliver banking services that support customer convenience and choice. • Attract, develop and retain phenomenal talent who love their jobs and love where they live. CORE VALUES Community: With a deep sense of appreciation and responsibility to the communities we serve, we work towards improving the life and experience of others through our contributions and volunteer activities. Excellence: We take personal ownership in our company and its future success, and are willing to put our full heart and mind into being the best. Collaboration: Recognizing that we are stronger and more effective when we work together, we actively foster healthy internal and external partnerships to accomplish our mission. Integrity: We are committed to honesty, respect, fairness and straightforwardness in our communication and conduct, so that we can earn the trust and confidence of our community and take pride in where we work. Accountability: We take individual responsibility for meeting and exceeding professional and ethical standards for employee and customer relations, fiscal management, and operational soundness.
Type
Public
HQ
Port Angeles, US
Founded
1923
Size (employees)
178 (est)+14%
First Northwest Bancorp was founded in 1923 and is headquartered in Port Angeles, US

First Northwest Bancorp Office Locations

First Northwest Bancorp has an office in Port Angeles
Port Angeles, US (HQ)
105 W 8th St

First Northwest Bancorp Metrics

First Northwest Bancorp Financial Metrics

First Northwest Bancorp's revenue was reported to be $38.3 m in FY, 2016 which is a 19% increase from the previous period.

Revenue (FY, 2016)

$38.3 m

Revenue growth (FY, 2015 - FY, 2016), %

19%

Gross profit (FY, 2016)

$33.6 m

Gross profit margin (FY, 2016), %

88%

Net income (FY, 2016)

$4 m

EBIT (FY, 2016)

$27.2 m

Market capitalization (19-May-2017)

$180.7 m

Closing share price (19-May-2017)

$16.3

Cash (30-Jun-2016)

$12.8 m
First Northwest Bancorp's current market capitalization is $180.7 m.
FY, 2015FY, 2016

Revenue

$32.2 m$38.3 m

Revenue growth, %

19%

Cost of goods sold

$4.6 m$4.8 m

Gross profit

$27.6 m$33.6 m

Gross profit Margin, %

86%88%

Sales and marketing expense

$12.7 m$14.5 m

R&D expense

$2.5 m$2.7 m

General and administrative expense

$3.1 m$3.5 m

Operating expense total

$33 m$27.9 m

EBIT

$22.9 m$27.2 m

EBIT margin, %

71%71%

Income tax expense

($354 k)$1.5 m

Net Income

($5.1 m)$4 m
FY, 2015FY, 2016

Cash

$10.6 m$12.8 m

Accounts Receivable

$2.5 m$2.8 m

PP&E

$12.6 m$13.5 m

Total Assets

$936.8 m$1 b

Accounts Payable

$265 k$189 k

Additional Paid-in Capital

$126.8 m$122.6 m

Retained Earnings

$74.6 m$77.3 m

Total Equity

$190.7 m$189.7 m

Financial Leverage

4.9 x5.3 x
FY, 2015FY, 2016

Net Income

($5.1 m)$4 m

Depreciation and Amortization

$973 k$1.1 m

Accounts Receivable

($12.6 m)

Inventories

($4.4 m)

Accounts Payable

$1.4 m$8 m

Cash From Operating Activities

($1.2 m)$10.6 m

Cash From Investing Activities

($119.5 m)($93.1 m)

Long-term Borrowings

($32.3 m)($169.5 m)

Cash From Financing Activities

$146.7 m$60.1 m

Income Taxes Paid

$330 k$2.1 m
Y, 2016

Financial Leverage

5.3 x

First Northwest Bancorp Market Value History

First Northwest Bancorp Online Presence

First Northwest Bancorp Company Life

You may also be interested in