First Northwest Bancorp (FNWB)
Market Price (4/19/2026): $10.09 | Market Cap: $89.0 MilSector: Financials | Industry: Regional Banks
First Northwest Bancorp (FNWB)
Market Price (4/19/2026): $10.09Market Cap: $89.0 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Low stock price volatilityVol 12M is 34% Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology. | Weak multi-year price returns2Y Excs Rtn is -49%, 3Y Excs Rtn is -85% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 263% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.0%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.1% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -7.3% Key risksFNWB key risks include [1] significant legal liabilities from a lawsuit seeking over $106 million and a recent multi-million dollar settlement, Show more. |
| Low stock price volatilityVol 12M is 34% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments. Themes include Digital Payments, Online Banking & Lending, and Wealth Management Technology. |
| Weak multi-year price returns2Y Excs Rtn is -49%, 3Y Excs Rtn is -85% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 263% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.0%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -4.1% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -7.3% |
| Key risksFNWB key risks include [1] significant legal liabilities from a lawsuit seeking over $106 million and a recent multi-million dollar settlement, Show more. |
Qualitative Assessment
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First Northwest Bancorp (FNWB) stock has gained about 10% since 12/31/2025 because of the following key factors:
1. Improved Financial Performance and Positive Future Outlook. First Northwest Bancorp reported a net income of $382,000 for the fourth quarter of 2025, a significant improvement compared to a net loss of $2.8 million in the fourth quarter of 2024. The company also demonstrated a continued upward trend in its net interest margin, which reached 3.00% in Q4 2025, marking six consecutive quarters of improvement. Analysts are projecting substantial earnings growth for the next year, with an expected 80.00% increase in earnings per share from $0.50 to $0.90.
2. Strategic Cost Reduction Initiatives. The company announced plans to permanently close its Bellevue branch on April 30, 2026. This strategic move is anticipated to reduce future annual operating expenses by approximately $900,000. This focus on operational efficiency is further supported by a decrease in the cost of total deposits, which dropped to 2.12% in Q4 2025 from 2.20% in the preceding quarter due to maturing higher-rate certificates of deposit and adjustments to rates on selected deposit products.
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1. Improved Financial Performance and Positive Future Outlook. First Northwest Bancorp reported a net income of $382,000 for the fourth quarter of 2025, a significant improvement compared to a net loss of $2.8 million in the fourth quarter of 2024. The company also demonstrated a continued upward trend in its net interest margin, which reached 3.00% in Q4 2025, marking six consecutive quarters of improvement. Analysts are projecting substantial earnings growth for the next year, with an expected 80.00% increase in earnings per share from $0.50 to $0.90.
2. Strategic Cost Reduction Initiatives. The company announced plans to permanently close its Bellevue branch on April 30, 2026. This strategic move is anticipated to reduce future annual operating expenses by approximately $900,000. This focus on operational efficiency is further supported by a decrease in the cost of total deposits, which dropped to 2.12% in Q4 2025 from 2.20% in the preceding quarter due to maturing higher-rate certificates of deposit and adjustments to rates on selected deposit products.
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Stock Movement Drivers
Fundamental Drivers
The 7.6% change in FNWB stock from 12/31/2025 to 4/18/2026 was primarily driven by a 4.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 12312025 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.38 | 10.09 | 7.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 66 | 69 | 4.5% |
| P/S Multiple | 1.3 | 1.3 | 3.2% |
| Shares Outstanding (Mil) | 9 | 9 | -0.2% |
| Cumulative Contribution | 7.6% |
Market Drivers
12/31/2025 to 4/18/2026| Return | Correlation | |
|---|---|---|
| FNWB | 7.6% | |
| Market (SPY) | -5.4% | 24.0% |
| Sector (XLF) | -4.3% | 40.5% |
Fundamental Drivers
The 28.2% change in FNWB stock from 9/30/2025 to 4/18/2026 was primarily driven by a 21.9% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.87 | 10.09 | 28.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 65 | 69 | 5.7% |
| P/S Multiple | 1.1 | 1.3 | 21.9% |
| Shares Outstanding (Mil) | 9 | 9 | -0.5% |
| Cumulative Contribution | 28.2% |
Market Drivers
9/30/2025 to 4/18/2026| Return | Correlation | |
|---|---|---|
| FNWB | 28.2% | |
| Market (SPY) | -2.9% | 28.1% |
| Sector (XLF) | -2.3% | 36.5% |
Fundamental Drivers
The 0.0% change in FNWB stock from 3/31/2025 to 4/18/2026 was primarily driven by a 13.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 3312025 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.09 | 10.09 | 0.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 61 | 69 | 13.0% |
| P/S Multiple | 1.4 | 1.3 | -10.5% |
| Shares Outstanding (Mil) | 9 | 9 | -1.1% |
| Cumulative Contribution | 0.0% |
Market Drivers
3/31/2025 to 4/18/2026| Return | Correlation | |
|---|---|---|
| FNWB | 0.0% | |
| Market (SPY) | 16.3% | 22.7% |
| Sector (XLF) | 6.3% | 26.3% |
Fundamental Drivers
The -7.2% change in FNWB stock from 3/31/2023 to 4/18/2026 was primarily driven by a -14.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 3312023 | 4182026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.87 | 10.09 | -7.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 80 | 69 | -14.0% |
| P/S Multiple | 1.2 | 1.3 | 5.0% |
| Shares Outstanding (Mil) | 9 | 9 | 2.8% |
| Cumulative Contribution | -7.2% |
Market Drivers
3/31/2023 to 4/18/2026| Return | Correlation | |
|---|---|---|
| FNWB | -7.2% | |
| Market (SPY) | 63.3% | 20.8% |
| Sector (XLF) | 70.3% | 30.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FNWB Return | 31% | -23% | 6% | -34% | -7% | 6% | -30% |
| Peers Return | 16% | 12% | -7% | 14% | 6% | 7% | 57% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 3% | 87% |
Monthly Win Rates [3] | |||||||
| FNWB Win Rate | 75% | 42% | 50% | 42% | 42% | 50% | |
| Peers Win Rate | 58% | 47% | 43% | 53% | 48% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FNWB Max Drawdown | -12% | -28% | -33% | -43% | -31% | -9% | |
| Peers Max Drawdown | -4% | -11% | -35% | -22% | -14% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COLB, BANR, HFWA, FSBW, TSBK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/17/2026 (YTD)
How Low Can It Go
| Event | FNWB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -56.3% | -25.4% |
| % Gain to Breakeven | 129.0% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -51.6% | -33.9% |
| % Gain to Breakeven | 106.7% | 51.3% |
| Time to Breakeven | 339 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.8% | -19.8% |
| % Gain to Breakeven | 33.1% | 24.7% |
| Time to Breakeven | 866 days | 120 days |
Compare to COLB, BANR, HFWA, FSBW, TSBK
In The Past
First Northwest Bancorp's stock fell -56.3% during the 2022 Inflation Shock from a high on 2/16/2022. A -56.3% loss requires a 129.0% gain to breakeven.
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About First Northwest Bancorp (FNWB)
First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. It accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit. The company also originates one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and commercial business loans, as well as consumer loans primarily consisting of automobile loans, and home-equity loans and lines of credit. It operates through 12 full-service branches and a lending center in Seattle. The company was founded in 1923 and is based in Port Angeles, Washington.
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1. Think of it as a Washington-focused version of a traditional regional bank, similar to U.S. Bank.
2. It's like a local, publicly traded community bank for western Washington, akin to a smaller KeyBank.
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- Deposit Accounts: The bank offers various accounts for customers to deposit funds, including checking, money market, savings, transaction accounts, and certificates of deposit.
- Mortgage Loans: Provides financing for residential properties (one- to four-family) and commercial/multi-family real estate.
- Construction and Land Loans: Offers financing specifically for construction projects and the purchase of land.
- Commercial Business Loans: Provides loans to businesses for various operational or growth needs.
- Consumer Loans: Offers personal financing options such as automobile loans, home-equity loans, and lines of credit.
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Major Customers of First Northwest Bancorp (FNWB)
First Northwest Bancorp, through its subsidiary First Fed Bank, provides banking services to a diverse customer base rather than having a few major customers. Its customers can be categorized as follows:- Individuals/Consumers: The bank offers personal banking services, including checking, savings, money market and transaction accounts, one-to-four family mortgage loans, automobile loans, and home-equity loans and lines of credit.
- Businesses: First Fed Bank provides commercial banking services, including deposit instruments, commercial and multi-family real estate loans, construction and land loans, and commercial business loans to various businesses.
- Nonprofit Organizations: The company also serves nonprofit organizations, offering them commercial and consumer banking services.
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Curt Queyrouze, President and Chief Executive Officer
Curt Queyrouze was appointed President and Chief Executive Officer of First Northwest Bancorp in September 2025. Prior to joining First Northwest Bancorp, he served as President, Community Bank and Corporate Credit, for Coastal Financial Corporation (Coastal Community Bank) starting in 2022. From 2016 to 2022, he was President and Chief Executive Officer at TAB Bank in Ogden, Utah. His career spans over 40 years in financial services, including leadership roles at various banking institutions and as Chief Operating Officer of a fintech company.
Phyllis Nomura, Executive Vice President and Chief Financial Officer
Phyllis Nomura was promoted to Executive Vice President and Chief Financial Officer of First Fed Bank and EVP/CFO and Treasurer for First Northwest Bancorp in March 2025. She joined First Fed as Senior Director of Accounting in November 2024. Nomura brings over 30 years of experience in accounting, finance, and audit. Her previous roles include serving as CFO of the YWCA Seattle King Snohomish from May 2023 to November 2024, CFO of Kosmos Management from August 2016 to November 2022, and CFO of First Sound Bank from June 2013 to January 2016. Earlier in her career, she held other CFO positions and was an Auditor and Senior Audit Manager at Deloitte from January 1994 to September 2001.
Geraldine Bullard, Chief Operating Officer
Geraldine Bullard currently serves as the Chief Operating Officer for First Northwest Bancorp. She was the Interim Chief Executive Officer from July to September 2025. Prior to that, she held the position of Executive Vice President and Chief Financial Officer from March 2020 to March 2025. Bullard joined First Fed in January 2020 as Senior Vice President and Treasurer. Her experience also includes serving as Controller at Salal Credit Union, Chief Financial Officer of First Sound Bank, and Controller at Sound Community Bank, as well as a bank examiner for the State of Idaho.
David Edelstein, Chief Innovation Officer
David Edelstein is the Chief Innovation Officer at First Northwest Bancorp, part of the company's leadership team.
Kyle Henderson, Chief Credit Officer
Kyle Henderson is the Chief Credit Officer at First Northwest Bancorp, serving as a member of the leadership team.
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Here are the key risks to First Northwest Bancorp (FNWB):
- Legal and Litigation Risks: First Northwest Bancorp faces significant legal and litigation risks, stemming from substantial lawsuits and settlements. For example, its subsidiary, First Fed Bank, is contending with a $106 million lawsuit alleging complicity in a fraudulent scheme by a borrower. The company has also entered into a settlement agreement to resolve legal disputes related to bankruptcy proceedings involving other borrowers, for which it reserved $5.8 million in the first quarter of 2025. These legal entanglements have resulted in significant defense costs and settlements, directly impacting the company's financial performance and draining resources.
- Internal Control Weaknesses: The company has disclosed internal control weaknesses over financial reporting. A failure to maintain or timely remediate effective internal controls could impair the accuracy and reliability of its GAAP financial statements and its ability to prevent fraud. The presence of a material weakness could prevent management and independent auditors from concluding that internal controls are effective, leaving FNWB exposed to the possibility of material misstatements not being prevented or detected on a timely basis. This ongoing control risk could adversely affect its business, financial condition, and results of operations, potentially undermining investor confidence, pressuring its stock price, and jeopardizing its continued listing on securities exchanges.
- Credit and Asset Quality Risks (particularly Commercial Real Estate): First Northwest Bancorp is exposed to heightened credit and asset quality risks, particularly due to its emphasis on commercial real estate (CRE) lending and unsecured lending. A localized slowdown in the commercial real estate market is creating increased credit risk. The company's financial filings reflect this risk, noting commercial real estate loan charge-offs. While efforts are being made to manage this exposure, challenges remain in managing asset quality in a decelerating regional market and addressing CRE maturity risk.
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- The rise of digital-only challenger banks (neobanks) which operate without physical branches, offering competitive interest rates, lower fees, and often superior mobile-first user experiences. These companies directly compete for deposits and consumer loans, threatening to erode FNWB's customer base, particularly among younger demographics, and diminish the value proposition of traditional branch-based banking.
- The increasing penetration of specialized financial technology companies (fintech lenders and payment platforms) that disaggregate traditional banking services. Online lenders offer streamlined processes for specific loan types, potentially siphoning off loan origination opportunities. Simultaneously, large payment platforms are expanding their offerings into credit and other banking-like services, challenging FNWB's share of transaction volume and small business financial needs.
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Here are the addressable market sizes for First Northwest Bancorp's main products and services in Washington state:
- Deposit Instruments (checking, money market, savings, transaction accounts, and certificates of deposit): The total deposits in Washington state were estimated at $211 billion in 2024.
- One- to Four-Family Mortgage Loans (Residential Mortgage Loans): New home loans booked in Washington state totaled $36.5 billion in 2024.
- Commercial Business Loans: The market for small business loans in Washington state was approximately $12.8 billion in 2024. Additionally, reporting banks issued $7.4 billion in loans to Washington businesses with revenues of $1 million or less in 2021.
- Commercial and Multi-Family Real Estate Loans: The overall Commercial Banking industry in Washington state is projected to have a market size of $17.7 billion in 2026, which encompasses commercial real estate lending. There is also significant demand in the multifamily market in Washington, with the state needing at least 251,894 new housing units to meet demand as of August 2024.
- Construction and Land Loans: A specific market size for construction and land loans in Washington state is not available. However, the demand for new housing units (at least 251,894 units needed in Washington as of August 2024) indicates a substantial underlying market for these types of loans.
- Consumer Loans (primarily consisting of automobile loans, and home-equity loans and lines of credit): Null
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First Northwest Bancorp (symbol: FNWB) is expected to drive future revenue growth over the next 2-3 years through several key strategies: 1. **Strategic Loan Portfolio Shift and Growth:** The company is focusing on shifting its loan portfolio towards higher-yield commercial, multi-family, and commercial real estate loans. Additionally, First Northwest Bancorp aims to grow through alternative loan channels, such as auto and manufactured home loans, via strategic purchase partnerships and wholesale loan acquisitions. This strategy is intended to boost interest income and shorten loan repricing cycles. 2. **Enhancing Core Deposit Base:** A core focus for First Northwest Bancorp is to enhance its core deposit base and foster strong, relationship-driven loan growth. By attracting more stable, relationship-based core deposits and expanding business deposit offerings, the company aims to secure a more cost-effective and reliable funding source, which directly supports increased lending capacity and improves net interest margin. 3. **Balance Sheet Optimization and Investment in Higher-Yielding Assets:** First Northwest Bancorp is actively restructuring its balance sheet to improve the yield on earning assets. This includes initiatives such as reinvesting bank-owned life insurance (BOLI) into higher-yielding products and strategically purchasing higher-yielding investment securities. These actions are designed to directly increase interest income. 4. **Digital Transformation and Customer Experience:** The company is investing in digital innovation and enhancing its customer experience. This involves improving mobile banking platforms, streamlining online account opening processes, and developing business online platforms to drive digital engagement and customer acquisition. These digital initiatives are expected to expand the customer base and facilitate new account openings and loan originations.AI Analysis | Feedback
Share Repurchases
- On April 25, 2024, First Northwest Bancorp authorized a share repurchase program to acquire up to 944,279 shares, representing 10% of its issued share capital.
- As of December 31, 2025, 98,156 shares had been repurchased under the April 2024 plan at an average cost of $10.23 per share, with 846,123 shares remaining available for future purchases.
- No shares were repurchased under the April 2024 plan during the fourth quarter of 2024, the third quarter of 2025, or the fourth quarter of 2025.
Share Issuance
- The number of common shares issued and outstanding increased from 9,353,348 at year-end 2024 to 9,467,925 as of December 31, 2025, indicating an issuance of approximately 114,577 shares during 2025.
- In April 2022, First Northwest issued 115,777 shares of stock valued at $1.9 million as consideration to existing partners of Meriwether Group as part of an acquisition transaction.
- On March 10, 2026, the EVP and CFO received a grant of 3,115 restricted shares under the company's 2020 Equity Incentive Plan.
Outbound Investments
- In 2022, First Northwest Bancorp made an investment in Meriwether Group, a boutique investment banking and accelerator firm.
- In February 2022, the company's subsidiary, First Fed Bank, invested in a Small Business Investment Company through Canapi Ventures (SBIC Fund II), with cash installments totaling up to $2.0 million committed over ten years. As of December 31, 2025, $925,000 had been contributed to this fund.
- First Northwest also focuses on strategic partnerships and direct investments in financial technology (fintech) companies and through select venture capital partners to develop and deploy digital financial solutions.
Capital Expenditures
- First Northwest Bancorp's Adjusted Capital Expenditures were reported as USD -71.0 thousand in 2025.
- The net cash from investing activities amounted to $132.9 million in 2025, driven by strategic asset sales and investment decisions.
- In July 2021, First Northwest Bancorp acquired a Bellevue, Washington branch from Sterling Bank and Trust, establishing its first full-service branch in King County. The company later announced the closure of this Bellevue branch in January 2026, expecting to reduce future annual operating expenses by approximately $900,000.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can First Northwest Bancorp Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 35.26 |
| Mkt Cap | 0.6 |
| Rev LTM | 200 |
| Op Inc LTM | - |
| FCF LTM | 91 |
| FCF 3Y Avg | 74 |
| CFO LTM | 98 |
| CFO 3Y Avg | 80 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.2% |
| Rev Chg 3Y Avg | 3.6% |
| Rev Chg Q | 13.5% |
| QoQ Delta Rev Chg LTM | 3.2% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 38.9% |
| CFO/Rev 3Y Avg | 36.5% |
| FCF/Rev LTM | 36.4% |
| FCF/Rev 3Y Avg | 33.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.6 |
| P/S | 3.6 |
| P/Op Inc | - |
| P/EBIT | - |
| P/E | 11.0 |
| P/CFO | 8.5 |
| Total Yield | 11.0% |
| Dividend Yield | 3.2% |
| FCF Yield 3Y Avg | 10.5% |
| D/E | 0.3 |
| Net D/E | -0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.2% |
| 3M Rtn | 2.0% |
| 6M Rtn | 26.2% |
| 12M Rtn | 20.9% |
| 3Y Rtn | 55.5% |
| 1M Excs Rtn | 3.5% |
| 3M Excs Rtn | -0.8% |
| 6M Excs Rtn | 11.3% |
| 12M Excs Rtn | -10.2% |
| 3Y Excs Rtn | -19.0% |
Price Behavior
Price Behavior
| Market Price | $10.09 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 01/30/2015 | |
| Distance from 52W High | -7.8% | |
| 50 Days | 200 Days | |
| DMA Price | $9.46 | $8.87 |
| DMA Trend | up | down |
| Distance from DMA | 6.7% | 13.8% |
| 3M | 1YR | |
| Volatility | 31.7% | 33.7% |
| Downside Capture | 0.12 | 0.25 |
| Upside Capture | 23.72 | 40.29 |
| Correlation (SPY) | 21.3% | 24.1% |
FNWB Betas & Captures as of 3/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.53 | 0.43 | 0.52 | 0.62 | 0.41 | 0.44 |
| Up Beta | 0.32 | -0.40 | 0.09 | 0.63 | 0.36 | 0.43 |
| Down Beta | 0.72 | 0.59 | 0.82 | 0.64 | 0.27 | 0.23 |
| Up Capture | 11% | -10% | 25% | 74% | 32% | 18% |
| Bmk +ve Days | 7 | 16 | 27 | 65 | 139 | 424 |
| Stock +ve Days | 8 | 15 | 25 | 59 | 108 | 338 |
| Down Capture | 71% | 101% | 64% | 51% | 77% | 86% |
| Bmk -ve Days | 12 | 23 | 33 | 58 | 110 | 323 |
| Stock -ve Days | 13 | 26 | 34 | 62 | 133 | 366 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FNWB | |
|---|---|---|---|---|
| FNWB | 6.1% | 33.6% | 0.22 | - |
| Sector ETF (XLF) | 12.1% | 15.3% | 0.55 | 31.8% |
| Equity (SPY) | 21.1% | 12.9% | 1.32 | 25.0% |
| Gold (GLD) | 50.9% | 27.5% | 1.49 | -4.2% |
| Commodities (DBC) | 25.2% | 16.2% | 1.40 | -12.5% |
| Real Estate (VNQ) | 17.5% | 13.7% | 0.93 | 21.3% |
| Bitcoin (BTCUSD) | -7.8% | 42.6% | -0.08 | 13.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FNWB | |
|---|---|---|---|---|
| FNWB | -7.6% | 29.3% | -0.24 | - |
| Sector ETF (XLF) | 10.0% | 18.7% | 0.42 | 29.4% |
| Equity (SPY) | 10.8% | 17.1% | 0.49 | 20.0% |
| Gold (GLD) | 22.6% | 17.8% | 1.04 | -0.1% |
| Commodities (DBC) | 11.6% | 18.8% | 0.51 | 4.4% |
| Real Estate (VNQ) | 4.4% | 18.8% | 0.14 | 20.1% |
| Bitcoin (BTCUSD) | 5.2% | 56.5% | 0.31 | 5.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FNWB | |
|---|---|---|---|---|
| FNWB | -1.2% | 34.0% | 0.06 | - |
| Sector ETF (XLF) | 13.4% | 22.2% | 0.55 | 51.0% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 39.9% |
| Gold (GLD) | 14.3% | 15.9% | 0.75 | -2.0% |
| Commodities (DBC) | 8.5% | 17.6% | 0.40 | 14.9% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 40.0% |
| Bitcoin (BTCUSD) | 68.4% | 66.9% | 1.07 | 9.2% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/29/2026 | -0.4% | -0.4% | -10.4% |
| 10/27/2025 | 8.6% | 11.0% | 18.8% |
| 7/24/2025 | 3.8% | 0.9% | 5.1% |
| 4/24/2025 | -1.8% | -4.8% | -12.9% |
| 1/29/2025 | -0.3% | 1.2% | 1.9% |
| 10/25/2024 | -2.2% | -4.4% | 13.6% |
| 7/25/2024 | -0.6% | -1.9% | 4.6% |
| 4/25/2024 | 5.3% | -1.9% | 4.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 10 | 15 |
| # Negative | 12 | 14 | 9 |
| Median Positive | 3.5% | 2.6% | 12.2% |
| Median Negative | -1.3% | -1.9% | -6.3% |
| Max Positive | 8.6% | 14.2% | 20.8% |
| Max Negative | -8.9% | -13.7% | -17.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/12/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/13/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/12/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/15/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/11/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/17/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/13/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Henderson, Kyle David | EVP, Chief Credit Officer | Direct | Buy | 7302025 | 7.74 | 3,000 | 23,210 | 125,884 | Form |
| 2 | Deines, Matthew | President / CEO | Direct | Buy | 6052025 | 8.30 | 2,500 | 20,750 | 973,275 | Form |
| 3 | Galanda, Gabriel Steven | Direct | Buy | 4292025 | 10.81 | 1,000 | 10,810 | 108,457 | Form | |
| 4 | Queyrouze, Curt | President / CEO | Direct | Buy | 2092026 | 10.41 | 4,770 | 49,656 | 570,156 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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