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First Northwest Bancorp (FNWB) Misses Q3 Earnings and Revenue Estimates

Core Insights - First Northwest Bancorp (FNWB) reported quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.18 per share, compared to a loss of $0.23 per share a year ago, indicating an earnings surprise of -50.00% [1] - The company posted revenues of $16.57 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 4.76%, and showing an increase from $15.8 million year-over-year [2] - The stock has underperformed, losing about 19.9% since the beginning of the year, while the S&P 500 gained 15.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $17.6 million, and for the current fiscal year, it is -$0.08 on revenues of $67.1 million [7] - The estimate revisions trend for First Northwest Bancorp was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Zacks Industry Rank for Banks - West is currently in the top 17% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]