Is First Northwest Bancorp (NASDAQ:FNWB) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating First Northwest Bancorp at current levels.
Tiny Washington community bank trading at 0.57x book with earnings about to quadruple as legacy bad loans roll off the balance sheet.
Where FNWB is headed
First Northwest is the kind of unloved $91M micro-cap that nobody outside of Port Angeles, Washington has any reason to care about. That's precisely why it's interesting at $10.03 a share. The bank trades at 0.57x tangible book, which historically only happens to community banks the market expects to either fail or be diluted into oblivion. Neither looks likely here.
Read the full Compass Direction on FNWB
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $10.03).
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Frequently asked questions
Is First Northwest Bancorp (NASDAQ:FNWB) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating First Northwest Bancorp at current levels. Tiny Washington community bank trading at 0.57x book with earnings about to quadruple as legacy bad loans roll off the balance sheet.
What is FNWB's Compass Score?
First Northwest Bancorp scores 74/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for FNWB?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the FNWB page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.