First Financial Northwest: Q1 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of First Financial Northwest (NASDAQ:FFNW) rose 3% after the company reported Q1 results.

Quarterly Results

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings per share were down 10.53% over the past year to $0.17, which missed the estimate of $0.19.

Revenue of $9,664,000 less by 1.91% from the same period last year, which missed the estimate of $9,730,000.

Guidance

Earnings guidance hasn't been issued by the company for now.


FREE REPORT: How To Learn Options Trading Fast

In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, ​a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.


Revenue guidance hasn't been issued by the company for now.

Technicals

52-week high: $17.24

Company's 52-week low was at $8.04

Price action over last quarter: down 39.10%

Company Profile

First Financial Northwest Inc is a United States-based bank holding company. Its business consists of attracting deposits from the general public and providing lending services. The bank invests in a diverse portfolio of investments including commercial, construction, mortgage, and consumer lending activities. It's lending activities includes loans secured by commercial real estate, construction, land development, first mortgages among others. Its deposits include money market deposit accounts, statement savings accounts, and certificates of deposit among others. The primary source of revenue is interest income on loans and investments.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNews