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Stock impact report

First Financial Northwest, Inc. Reports Third Quarter Net Income of $2.5 Million or $0.25 per Diluted Share

First Financial Northwest, Inc. (FFNW) 
Last first financial northwest, inc. earnings: 4/28 09:10 am Check Earnings Report
US:NASDAQ Investor Relations: ffnwb.com
Company Research Source: GlobeNewswire
RENTON, Wash., Oct. 24, 2019 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income for the quarter ended September 30, 2019, of $2.5 million, or $0.25 per diluted share, compared to net income of $3.3 million, or $0.33 per diluted share, for the quarter ended June 30, 2019, and $2.8 million, or $0.27 per diluted share, for the quarter ended September 30, 2018. For the nine months ended September 30, 2019, net income was $7.8 million, or $0.77 per diluted share, compared to net income of $12.7 million, or $1.22 per diluted share, for the comparable nine-month period in 2018. Fluctuations in the Company’s provision for loan and lease losses accounted for the majority of the difference in net income in the quarter ended September 30, 2019, compared to June 30, 2019. The Company recorded a $100,000 provision for loan losses in the quarter ended September Show less Read more
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