First Northwest BanCorp (NASDAQ:FNWB) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN raised its holdings in shares of First Northwest BanCorp (NASDAQ:FNWB) by 30.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,906 shares of the financial services provider’s stock after acquiring an additional 4,882 shares during the quarter. Wells Fargo & Company MN owned approximately 0.18% of First Northwest BanCorp worth $358,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its stake in shares of First Northwest BanCorp by 9.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 85,954 shares of the financial services provider’s stock worth $1,470,000 after buying an additional 7,401 shares in the last quarter. Vanguard Group Inc. increased its stake in First Northwest BanCorp by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 518,090 shares of the financial services provider’s stock valued at $8,170,000 after purchasing an additional 94,563 shares in the last quarter. Stilwell Value LLC increased its stake in First Northwest BanCorp by 1,477.0% in the 2nd quarter. Stilwell Value LLC now owns 315,400 shares of the financial services provider’s stock valued at $315,000 after purchasing an additional 295,400 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in First Northwest BanCorp by 88.1% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 30,525 shares of the financial services provider’s stock valued at $480,000 after purchasing an additional 14,300 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in First Northwest BanCorp by 50.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 116,032 shares of the financial services provider’s stock valued at $1,830,000 after purchasing an additional 38,833 shares in the last quarter. 45.77% of the stock is owned by institutional investors and hedge funds.

Shares of First Northwest BanCorp (NASDAQ:FNWB) opened at $16.44 on Monday. The company has a market capitalization of $193.76, a price-to-earnings ratio of 28.84 and a beta of 0.50. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.63. First Northwest BanCorp has a fifty-two week low of $15.00 and a fifty-two week high of $18.35.

First Northwest BanCorp (NASDAQ:FNWB) last posted its quarterly earnings data on Thursday, February 1st. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. First Northwest BanCorp had a return on equity of 3.44% and a net margin of 10.72%. The business had revenue of $9.89 million for the quarter.

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About First Northwest BanCorp

First Northwest Bancorp is the bank holding company for First Federal Savings and Loan Association of Port Angeles (the Bank). The Bank is a community-oriented financial institution primarily serving the North Olympic Peninsula region of Washington. The Bank offers a range of products and services focused on the lending and depository needs of the communities it serves.

Institutional Ownership by Quarter for First Northwest BanCorp (NASDAQ:FNWB)

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