First Financial: Q1 Earnings Snapshot
By AP News
Published - Apr 27, 2023, 09:24 AM ET
Last Updated - Jun 22, 2023, 02:54 AM EDT
RENTON, Wash. (AP) — RENTON, Wash. (AP) — First Financial Northwest Inc. (FFNW) on Thursday reported first-quarter net income of $2.1 million.
The Renton, Washington-based bank said it had earnings of 23 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.
The bank posted revenue of $19.2 million in the period. Its revenue net of interest expense was $11.9 million, also missing Street forecasts.
