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First Financial Northwest (First Financial Northwest) Equity-to-Asset : 0.11 (As of Dec. 2023)


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What is First Financial Northwest Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Financial Northwest's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $161.66 Mil. First Financial Northwest's Total Assets for the quarter that ended in Dec. 2023 was $1,505.08 Mil. Therefore, First Financial Northwest's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.

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

FFNW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.12   Max: 0.19
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of First Financial Northwest was 0.19. The lowest was 0.11. And the median was 0.12.

FFNW's Equity-to-Asset is ranked better than
68.49% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs FFNW: 0.11

First Financial Northwest Equity-to-Asset Historical Data

The historical data trend for First Financial Northwest's Equity-to-Asset 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 Financial Northwest Equity-to-Asset Chart

First Financial Northwest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.11 0.11 0.11 0.11

First Financial Northwest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.10 0.10 0.10 0.11

Competitive Comparison of First Financial Northwest's Equity-to-Asset

For the Banks - Regional subindustry, First Financial Northwest's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Financial Northwest's Equity-to-Asset Distribution in the Banks Industry

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

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



First Financial Northwest Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=161.66/1505.082
=0.11

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=161.66/1505.082
=0.11

* 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.


First Financial Northwest  (NAS:FFNW) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


First Financial Northwest Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of First Financial Northwest's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First Financial Northwest (First Financial Northwest) Business Description

Traded in Other Exchanges
N/A
Address
201 Wells Avenue South, PO Box 360, Renton, WA, USA, 98057
First Financial Northwest Inc is the holding company for First Financial Northwest Bank and First Financial Diversified. First Financial Northwest Bank is a subsidiary of First Financial Northwest and as such comprises substantially all of the activity for First Financial Northwest. The Bank's business consists predominantly of attracting deposits from the general public, combined with borrowing from the FHLB of Des Moines and raising funds in the wholesale market then utilizing these funds to originate one-to-four family residential, multifamily, commercial real estate, construction/land, business, and consumer loans. The Bank's strategic initiatives seek to diversify its loan portfolio and broaden growth opportunities with its current risk tolerance levels and asset/liability objectives.
Executives
Simon Soh officer: Chief Lending Officer FSBNW 201 WELLS AVENUE SOUTH, RENTON WA 98057
Richard P Jacobson officer: COO of the Bank
Kiley Joseph W Iii director, officer: President and CEO of the Bank IMPERIAL CAPITAL BANCORP INC, 888 PROSPECT STREET SUITE 110, LA JOLLA CA 92037
Cindy L. Runger director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Christine A. Huestis officer: 1st VP/Prin. Acct Officer 201 WELLS AVENUE SOUTH, RENTON WA 98057
Richard M Riccobono director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Ralph C Sabin director C/O PACIFIC VENTURE GROUP, 114 PACIFICA STREET, SUITE 270, IRVINE CA 92618
Diane C. Davis director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Kevin D Padrick director 2055 FIRST STREET, BAKER CITY OR 97814
Patricia M. Remch director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Randy T. Riffle officer: Executive VP and CCO 105 W. 8TH STREET, PORT ANGELES WA 98362
Gary F Faull director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Joann E Lee director 201 WELLS AVENUE SOUTH, RENTON WA 98057
Ronnie J Clariza officer: Sr.VP/Chief Risk Officer 201 WELLS AVENUE SOUTH, RENTON WA 98057
Gregg H. Deritis officer: Senior VP and CCO 201 WELLS AVENUE SOUTH, RENTON WA 98057