Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data First Northwest Bancorp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0.23
0.18
Interest expense
4.77
5.16
9.01
11.4
7.72
5.37
10.5
39.5
Pre-tax income
5.45
6.78
8.68
11.1
13.3
18.2
16.3
2.68
-7.56
-5.43
Income tax
1.46
1.66
1.58
2.08
2.95
3.19
2.85
0.55
-0.94
-1.24
Net income to minority interests
0
-0.44
-2.15
-0.16
0
Net income
3.99
5.12
7.11
9.01
10.3
15.4
15.6
2.29
-6.61
-4.19
EPS, basic
0.33
0.46
0.69
0.92
1.07
1.63
1.71
0.26
-0.75
-0.48
EPS, diluted
0.33
0.46
0.68
0.91
1.07
1.63
1.71
0.26
-0.75
-0.48
Shares, basic (weighted)
12
11.1
10.3
9.85
9.37
9.13
9.08
8.92
8.78
8.79
Shares, diluted (weighted)
12
11.2
10.4
9.92
9.4
9.23
9.14
8.94
8.78
8.79
Dividend per share
0.03
0.13
0.21
0.25
0.28
0.28
0.14
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
22.7
24.3
26.3
48.7
Property, plant and equipment
13.5
13.2
15.3
14.3
14.8
19.8
18.1
18
10.1
8.46
Lease right-of-use assets
4.6
6.05
17
15.6
Total assets
1,010
1,088
1,259
1,307
1,654
1,921
2,042
2,202
2,232
2,108
Total liabilities
820
910
1,086
1,130
1,468
1,731
1,884
2,038
2,078
1,951
Total debt
80.7
77.4
137
113
110
Paid-in capital
123
112
106
102
97.4
96.1
95.5
95.8
93.4
93.8
Retained earnings
77.3
77.5
81.6
86.2
92.7
103
114
107
97.2
91.7
Other comprehensive income
1.9
-0.43
-4.73
-1.54
5.44
0.29
-40.5
-32.6
-30.2
-22.4
Shareholders' equity
190
178
172
177
186
191
162
163
Minority interests
0
-0.48
-3.29
0
Total equity
190
178
172
177
186
190
158
163
154
157
Total liabilities and equity
1,010
1,088
1,259
1,307
1,654
1,921
2,042
2,202
2,232
2,108
Shares outstanding
12.7
11.9
11.2
10.7
10.2
9.97
9.7
9.61
9.35
9.47
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
3.99
5.12
7.11
9.01
10.3
15
13.5
2.13
-6.61
-4.19
Depreciation and amortization
1.12
1.24
1.33
1.34
1.38
1.43
1.96
1.61
1.41
1.25
Stock-based compensation
0
0.98
1.05
1.06
1.3
2.29
1.6
1.41
0.96
0.73
Deferred income tax
-0.91
-1.15
-0.35
0.31
-1.13
0.06
-1.53
0.13
-1.41
-2.01
Cash from operations
10.6
1.14
13.3
14.1
13.3
15.2
15.9
17.9
16.9
-2.76
Capital expenditures
-2.06
-0.96
-2.84
-0.43
-1.82
-6.02
-2.91
-1.57
Purchases of investments
-306
-153
-78.4
-20.3
-100
-5.53
Sales and maturities of investments
47.5
76.5
25.4
30.2
57.2
59.7
30.5
14.2
33.9
86
Cash from investing
-93.1
-80.3
-60.7
-20
-316
-137
-238
-84.2
-87.1
133
Stock issued
0
0
Share buybacks
-5.5
-16.5
-10
-7.83
-7.41
-5.98
-5.44
-1.15
-4.06
0
Dividends paid
0
0
-0.34
-1.41
-2.19
-2.53
-2.79
-2.7
-2.65
-1.32
Cash from financing
60.1
80.8
36.9
28.3
319
183
141
144
19.5
-118
Net change in cash
-22.4
1.64
-10.5
22.4
16.4
60.9
-80.4
77.6
-50.7
12.7
Free cash flow
8.52
0.18
10.5
13.7
11.4
9.14
13
16.3
Interest paid
4.85
5.14
8.82
11.6
8.04
4.55
10.5
36.5
56.1
51.8
Income taxes paid
2.09
2.51
1.02
1.7
2.9
4.27
4.45
2.13
0.08
0.01
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $10.05 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Effective tax rate
-92.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
0.1%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Operating cash flow growth, 1y
-116.3%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y
-50.0%
Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 5y
-7.8%
Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-5.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
1.1%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
5.0%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
0.1%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
-1.3%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
-1.3%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Liabilities / assets
92.5%
Total liabilities / total assets.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.17
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share
$1.95
Cash from operations / diluted weighted shares.
Payout ratio
1.3%
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$95.6M
Share price x shares outstanding.
Enterprise value
$95.6M
Market cap + total debt - cash - short-term investments.
P/E
63.8x
Market cap / net income. Only when net income is positive.
P/OCF
5.50x
Market cap / cash from operations, when positive.
Earnings yield
1.6%
Net income / market cap (the inverse of P/E).
Dividend yield
0.0%
Dividends paid over the period / market cap.
Shareholder yield
0.0%
(Dividends paid + share buybacks) / market cap.
Was First Northwest Bancorp profitable in fiscal 2025?
No. It reported a net loss of $4.2M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.