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First Northwest Bancorp (First Northwest Bancorp) Momentum Rank : 6 (As of Apr. 26, 2024)


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What is First Northwest Bancorp Momentum Rank?

First Northwest Bancorp has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of First Northwest Bancorp's Momentum Rank

For the Banks - Regional subindustry, First Northwest Bancorp's Momentum Rank, along with its competitors' market caps and Momentum Rank 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 Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Northwest Bancorp's Momentum Rank distribution charts can be found below:

* The bar in red indicates where First Northwest Bancorp's Momentum Rank falls into.



First Northwest Bancorp Momentum Rank Related Terms

Thank you for viewing the detailed overview of First Northwest Bancorp's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


First Northwest Bancorp (First Northwest Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
105 West 8th Street, Port Angeles, WA, USA, 98362
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

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