First Financial Northwest, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Joseph W. Kiley III
- Full Time Employees
- 135
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 201 Wells Avenue South Renton WA United States of America 98057
- IPO Date
- Oct 10, 2007
- CIK
- 0001401564
- Website
- ffnwb.com
- Similar Companies
- Business
- First Financial Northwest, Inc. operates as a bank holding company for First Financial Northwest Bank, providing a comprehensive range of commercial banking products and services primarily in Washington State. Its core offerings include deposit products such as noninterest-bearing accounts; interest-bearing demand accounts; money market accounts; savings accounts; and certificates of deposit. The company’s loan portfolio encompasses one-to-four family residential loans; multifamily and commercial real estate loans; construction and land loans; business loans; and secured consumer loans, including auto loans, home equity loans comprising lines of credit and second mortgage term loans, and savings account loans. The company serves retail and business customers with a focus on community banking through its branch network headquartered in Renton, Washington. Founded in 1922, it maintains a strong regional presence. A significant recent development is the acquisition of First Financial Northwest Bank by Global Federal Credit Union for approximately $231.2 million, completed in April 2025. This transaction involved Global purchasing substantially all assets and assuming substantially all liabilities of the bank, with Global operating the bank locations as a separate branded division named First Financial Northwest operated by Global Federal Credit Union during integration. This strategic alliance aims to expand Global’s service offerings to business members, enhance branch presence in Western Washington, and provide First Financial Northwest Bank customers access to Global’s broader suite of consumer products and services. Additionally, First Financial Northwest, Inc. announced a final cash liquidation distribution in late 2025, completing its plan of dissolution with total payouts to shareholders exceeding $23 per share. The company operates within the financial services industry, focusing on the community banking segment, and offers its products primarily to customers in the Puget Sound region. Its acquisition by a credit union marks a shift in strategic ownership and operational integration. First Financial Northwest, Inc. is headquartered in Renton, Washington, with its banking services concentrated in that region, operating under state charter as a savings bank subsidiary to the holding company. The company's leadership prior to the acquisition was headed by Joseph W. Kiley III as CEO. The acquisition and subsequent dissolution reflect a corporate transition towards member-owned credit union structures under Global Federal Credit Union. This recent acquisition and operational shift are the most notable changes in the company’s trajectory in 2024-2025.
First Financial Northwest, Inc. Announces Final Cash Liquidation Distribution
First Financial Northwest, Inc. Announces Declaration of Initial Liquidating Distribution; Stock Transfer Books Closed
First Financial Northwest, Inc. Announces Closing of Acquisition of First Financial Northwest Bank by Global Federal Credit Union
Global Federal Credit Union and First Financial Northwest, Inc. Announce Expected Closing Date for Transaction
Global Credit Union and First Financial Northwest, Inc. Announce Receipt of Final Regulatory Approval for Transaction
First Financial Northwest (FFNW) Beats Q4 Earnings Estimates
First Financial Northwest, Inc. Reports Net Income of $1.2 Million or $0.13 per Diluted Share for the Fourth Quarter and $1.1 Million or $0.12 per Diluted Share for the Year Ended December 31, 2024
First Financial Northwest (FFNW) Reports Q3 Loss, Lags Revenue Estimates
First Financial Northwest, Inc. Reports Third Quarter 2024 Results
First Financial Northwest (FFNW) Expected to Beat Earnings Estimates: Should You Buy?
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First Financial Northwest, Inc. Announces Receipt of Federal Deposit Insurance Corporation Approval for Transaction with Global Credit Union
First Financial Northwest (FFNW) Beats Q2 Earnings and Revenue Estimates
First Financial Northwest, Inc. Reports Net Income of $1.6 Million or $0.17 Per Diluted Share for the Second Quarter Ended June 30, 2024
First Financial Northwest, Inc. Announces Receipt of Shareholder Approval for Transaction with Global Credit Union
URGENT ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on July 19, 2024, of First Financial Northwest, Inc. - FFNW
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FIRST FINANCIAL NORTHWEST INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Financial Northwest, Inc. - FFNW
First Financial Northwest, Inc. Declares Quarterly Cash Dividend of $0.13 per Share
First Financial (FFNW) Reports Q1 Earnings: What Key Metrics Have to Say