First Northwest Bancorp (First Northwest Bancorp) Debt-to-Equity : 1.97 (As of Dec. 2023)

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What is First Northwest Bancorp Debt-to-Equity?

First Northwest Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $201.50 Mil. First Northwest Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $119.44 Mil. First Northwest Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $163.34 Mil. First Northwest Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.96.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for First Northwest Bancorp's Debt-to-Equity or its related term are showing as below:

FNWB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.63 Max: 1.97
Current: 2.31

During the past 13 years, the highest Debt-to-Equity Ratio of First Northwest Bancorp was 1.97. The lowest was 0.43. And the median was 0.63.

FNWB's Debt-to-Equity is ranked worse than
83.41% of 1392 companies
in the Banks industry
Industry Median: 0.68 vs FNWB: 2.31

First Northwest Bancorp Debt-to-Equity Historical Data

The historical data trend for First Northwest Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Northwest Bancorp Debt-to-Equity Chart

First Northwest Bancorp Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.64

0.59

0.63

1.77

1.97

First Northwest Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.32	1.90	1.93	1.97	2.31

Competitive Comparison of First Northwest Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, First Northwest Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Northwest Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Northwest Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Northwest Bancorp's Debt-to-Equity falls into.

First Northwest Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Northwest Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(201.5	+	119.436)	/	163.34
	=	1.96

First Northwest Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(201.5	+	119.436)	/	163.34
	=	1.96

First Northwest Bancorp (NAS:FNWB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

First Northwest Bancorp Debt-to-Equity Related Terms

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First Northwest Bancorp (First Northwest Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Northwest Bancorp (NAS:FNWB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 West 8th Street, Port Angeles, WA, USA, 98362

Website

https://www.ourfirstfed.com

First Northwest Bancorp is a bank holding company and a financial holding company and is engaged in banking activities through its wholly owned subsidiary, First Fed Bank, as well as certain non-banking financial activities. It includes deposit and lending transactions that are supplemented with other borrowing and investing activities. The bank's principal lending activities are focused on first lien one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans (including lot loans), commercial business loans and consumer loans. Geographically all the operations are functioned through the regions of Washington, US.

Executives

Christopher J Riffle	officer: Executive VP, COO, GC	105 W. 8TH STREET, PORT ANGELES WA 98362
Dana D. Behar	director	105 W. EIGHTH STREET, PORT ANGELES WA 98362
Matthew Deines	officer: President & CEO	C/O FIRST NORTHWEST BANCORP, 105 W. 8TH STREET, PORT ANGELES WA 98362
Tonina Norman J. Jr.	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Terry A Anderson	officer: EVP/CCO	105 W. 8TH STREET, PORT ANGELES WA 98362
Lynn Terwoerds	director	105 WEST 8TH ST, PORT ANGELES WA 98362
Geraldine L. Bullard	officer: EVP/CFO/Principal Acc't Off.	105 W. 8TH STREET, PORT ANGELES WA 98362
Cindy H. Finnie	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Christopher Wade Neros	officer: EVP, Chief Lending Officer	105 W 8TH STREET, PORT ANGELES WA 98362
Gabriel Steven Galanda	director	105 W. 8TH STREET, PORT ANGELES WA 98362
Sherilyn G Anderson	director	105 W. 8TH STREET, PORT ANGELES WA 98362
David T. Flodstrom	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Craig Alan Curtis	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Randy T. Riffle	officer: EVP/Chief Lending Officer	105 W. 8TH STREET, PORT ANGELES WA 98362
Derek J Brown	officer: EVP, Chief HR/Marketing Off.	105 W. 8TH STREET, PORT ANGELES WA 98362