First Northwest Bancorp (FNWB) Income Statement
FNWB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFNWB revenue and net income
Where FNWB's revenue goes
2025Each bar shows an amount and its share of revenue. FNWB kept −3.9% of revenue as net income.
FNWB profit margins
FNWB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −8.4% | +5.7% | +9.7% | +12.8% |
| Gross profit | +13.8% | −13.6% | −1.5% | +6.3% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | −26.7% | −9.6% | +8.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FNWB quarterly EPS vs estimates
First Northwest Bancorp beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: October 26, 2026 (estimate $0.01).
FNWB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $107.2M | $117.0M | $104.9M | $90.7M | $79.3M | $67.5M | $56.3M | $51.7M | $46.6M | $38.3M |
| Cost of revenue | $56.5M | $72.5M | $40.8M | $12.1M | $6.7M | $12.8M | $12.1M | $10.2M | $6.4M | $5.0M |
| Gross profit | $50.7M | $44.5M | $64.1M | $78.7M | $72.6M | $54.8M | $44.1M | $41.5M | $46.6M | $33.3M |
| Research & development | — | — | — | — | — | — | — | $0 | — | $0 |
| Sales, general & admin | $19.5M | $37.3M | $36.7M | $41.5M | $37.5M | $32.0M | $23.7M | $23.8M | $5.7M | $19.1M |
| Total operating expenses | $56.5M | $52.1M | $61.5M | $62.3M | $54.4M | $41.5M | $33.0M | $32.8M | $28.2M | $27.9M |
| Operating income | −$5.9M | −$7.6M | $2.7M | $16.3M | $18.2M | $13.3M | $11.1M | $8.7M | $7.3M | $5.4M |
| Interest income | $105.8M | $111.1M | $100.0M | $79.9M | $63.5M | $51.4M | $49.0M | $45.5M | $20.3M | $36.7M |
| Interest expense | $49.7M | $56.0M | $39.5M | $10.5M | $5.4M | $7.7M | $11.4M | $9.0M | $5.2M | $4.8M |
| Income before taxes | −$5.9M | −$7.6M | $2.7M | $16.3M | $18.2M | $13.3M | $11.1M | $8.7M | $7.4M | $5.4M |
| Income taxes | −$1.7M | −$944,000 | $549,000 | $2.8M | $3.2M | $3.0M | $2.1M | $1.6M | $4.1M | $1.5M |
| Net income | −$4.2M | −$6.6M | $2.3M | $15.6M | $15.4M | $10.3M | $9.0M | $7.1M | $3.3M | $4.0M |
| EBITDA | −$4.6M | −$6.1M | $4.3M | $18.4M | $19.7M | $14.9M | $12.7M | $10.2M | $8.6M | $6.8M |
| EPS (diluted) | $0.67 | −$0.35 | $0.74 | $1.70 | $1.67 | $1.11 | $0.91 | $0.69 | $0.56 | $0.48 |
| Gross margin | 47.3% | 38.0% | 61.1% | 86.7% | 91.5% | 81.1% | 78.5% | 80.3% | 100.0% | 87.0% |
| Operating margin | −5.5% | −6.5% | 2.5% | 18.0% | 22.9% | 19.7% | 19.7% | 16.8% | 15.6% | 14.2% |
| Net margin | −3.9% | −5.7% | 2.2% | 17.2% | 19.4% | 15.3% | 16.0% | 13.8% | 7.1% | 10.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.5M | $27.3M | $18.4M | $28.9M | $29.3M | $30.6M | $29.5M | $30.0M | $28.0M | $29.5M | $23.4M | $28.7M |
| Cost of revenue | $10.7M | $11.0M | $11.5M | $11.7M | $12.6M | $20.8M | $17.7M | $17.3M | $23.1M | $14.4M | $13.3M | $11.3M |
| Gross profit | $16.7M | $16.4M | $6.9M | $17.2M | $16.7M | $9.8M | $11.8M | $12.7M | $4.9M | $15.1M | $10.1M | $17.5M |
| Sales, general & admin | $2.5M | $2.3M | $6.4M | $3.0M | $1.7M | $8.4M | $9.5M | $9.5M | $9.1M | $8.8M | $9.5M | $8.7M |
| Total operating expenses | $16.4M | $16.7M | $6.4M | $17.4M | $12.8M | $20.0M | $14.2M | $15.8M | $7.7M | $14.3M | $17.0M | $14.4M |
| Operating income | $325,000 | −$314,000 | $483,000 | −$146,000 | $4.0M | −$10.2M | −$2.5M | −$3.2M | −$2.8M | $843,000 | −$6.9M | $3.1M |
| Interest income | $25.2M | $25.1M | $25.9M | $26.6M | $26.8M | $26.5M | $27.9M | $27.9M | $28.3M | $27.0M | $26.1M | $25.6M |
| Interest expense | $11.3M | $10.9M | $11.4M | $12.3M | $12.9M | $13.0M | $14.1M | $14.2M | $14.4M | $13.4M | $12.1M | $10.9M |
| Income before taxes | $325,000 | −$314,000 | $483,000 | −$146,000 | $4.0M | −$10.2M | −$2.5M | −$3.2M | −$2.8M | $843,000 | −$6.9M | $3.1M |
| Income taxes | $17,000 | −$320,000 | $101,000 | −$948,000 | $297,000 | −$1.1M | $359,000 | −$1.2M | −$547,000 | $447,000 | −$1.4M | $603,000 |
| Net income | $308,000 | $6,000 | $382,000 | $802,000 | $3.7M | −$9.0M | −$2.8M | −$2.0M | −$2.2M | $396,000 | −$5.5M | $2.5M |
| EBITDA | $325,000 | $4,000 | $798,000 | $153,000 | $4.3M | −$9.8M | −$2.1M | −$2.8M | −$2.4M | $1.2M | −$6.5M | $3.5M |
| EPS (diluted) | $0.03 | $0.00 | $0.04 | $0.22 | $0.42 | −$0.01 | −$0.32 | −$0.23 | $0.16 | $0.04 | −$0.13 | $0.28 |
| Gross margin | 60.9% | 59.9% | 37.3% | 59.6% | 57.1% | 32.2% | 39.9% | 42.2% | 17.6% | 51.3% | 43.3% | 60.8% |
| Operating margin | 1.2% | −1.1% | 2.6% | −0.5% | 13.5% | −33.2% | −8.3% | −10.6% | −9.9% | 2.9% | −29.4% | 10.8% |
| Net margin | 1.1% | 0.0% | 2.1% | 2.8% | 12.5% | −29.5% | −9.5% | −6.6% | −7.9% | 1.3% | −23.6% | 8.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FNWB's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FNWB financial results
In fiscal year 2025 (ended December 31, 2025), First Northwest Bancorp reported revenue of $107.2 million, down 8.4% from the year before. It had a net loss of $4.2 million, a net profit margin of −3.9%. Diluted earnings per share came to $0.67. Over five years revenue grew at an average rate of 9.7% a year.
See the FNWB stock overview for the latest quote and news, or the FNWB chart for price history and technical indicators.
FNWB income statement FAQ
What is First Northwest Bancorp's annual revenue?
First Northwest Bancorp reported total revenue of $107.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 8.4% from $117.0 million the previous year.
Is First Northwest Bancorp profitable?
No. First Northwest Bancorp reported a net loss of $4.2 million in fiscal 2025, a net profit margin of −3.9%; its operating margin was −5.5%.
What is First Northwest Bancorp's gross margin?
First Northwest Bancorp's gross margin was 47.3% in fiscal 2025: for every $100 of revenue, First Northwest Bancorp kept $47 after the direct cost of its products and services.
How fast is First Northwest Bancorp growing?
Revenue grew 9.7% a year on average over the last five fiscal years, from $67.5 million to $107.2 million.
What are First Northwest Bancorp's earnings per share?
First Northwest Bancorp earned $0.67 per diluted share in fiscal 2025, compared with $-0.35 a year earlier.
When will First Northwest Bancorp report its next earnings?
First Northwest Bancorp is expected to report results for the quarter ending September 30, 2026 on October 26, 2026.
When does First Northwest Bancorp's fiscal year end?
First Northwest Bancorp's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.