First Financial Northwest (FFNW) Reports Q1 EPS of $0.16

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First Financial Northwest, Inc. Reports First Quarter Net Income of $2.2 Million or $0.16 Per Diluted Share

April 23, 2015 11:15 AM EDT

RENTON, Wash., April 23, 2015 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the "Company") (Nasdaq: FFNW), the holding company for First Savings Bank Northwest (the "Bank"), today reported net income for the quarter ended March 31, 2015, of $2.2 million, or $0.16 per diluted share, compared to net income of $2.9 million, or $0.20 per diluted share for the quarter ended December 31, 2014, and net income of $2.6 million, or $0.17 per diluted share for the first quarter in 2014.

The primary reason for the decline in net income in the current quarter as compared to the quarter ended December 31, 2014, and the same quarter... More