The EVP & CFO of First Financial Northwest (FFNW) is Buying Shares


Today, the EVP & CFO of First Financial Northwest (NASDAQ: FFNW), Richard P. Jacobson, bought shares of FFNW for $163.2K.

This recent transaction increases Richard P. Jacobson’s holding in the company by 152.1% to a total of $393.5K. In addition to Richard P. Jacobson, 20 other FFNW executives reported Buy trades in the last month.

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Based on First Financial Northwest’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $14.76 million and quarterly net profit of $6.83 million. In comparison, last year the company earned revenue of $11.53 million and had a net profit of $2.34 million. FFNW’s market cap is $215.4M and the company has a P/E ratio of 15.85. Currently, First Financial Northwest has an average volume of 44.73K.

In the last 30 days, insiders have sold $2.39M worth of FFNW shares and purchased $1.34M worth of FFNW shares. The insider sentiment on First Financial Northwest has been neutral according to 37 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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First Financial Northwest, Inc. operates as a bank holding company, which engages in attracting deposits from the general public and providing lending services. Through its subsidiary, First Savings Bank Northwest, it offers commercial banking services, dynamic savings, stored savings, loaned savings, commercial savings, checking accounts, and money market accounts. The company was founded on June 1, 2007 and is headquartered in Renton, WA.

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