First Financial Northwest Inc
First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest-bearing accounts, interest-bearing demand accounts, money market accounts, savings accounts, and certificates of deposit. Its loan products comprise one-to-four family … Read more
First Financial Northwest Inc (FFNW) - Total Assets
Latest total assets as of March 2025: $1.42 Billion USD
Based on the latest financial reports, First Financial Northwest Inc (FFNW) holds total assets worth $1.42 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
First Financial Northwest Inc - Total Assets Trend (2003–2024)
This chart illustrates how First Financial Northwest Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Financial Northwest Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
First Financial Northwest Inc's total assets of $1.42 Billion consist of 81.1% current assets and 18.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $1.15 Billion | 80.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $295.00K | 0.0% |
| Goodwill | $889.00K | 0.1% |
Asset Composition Trend (2003–2024)
This chart illustrates how First Financial Northwest Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: First Financial Northwest Inc's current assets represent 81.1% of total assets in 2024, an increase from 0.0% in 2003.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, up from 0.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 80.5% of total assets.
First Financial Northwest Inc Competitors by Total Assets
Key competitors of First Financial Northwest Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
First Financial Northwest Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - First Financial Northwest Inc generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, First Financial Northwest Inc generates $ 0.08 in net profit.
First Financial Northwest Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 18.13 | 0.07 | 5279.41 |
| Quick Ratio | 18.13 | 1.50 | 5277.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.01 Million | $ -755.64 Million | $ 1.15 Billion |
First Financial Northwest Inc - Advanced Valuation Insights
This section examines the relationship between First Financial Northwest Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.29 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | $1.42 Billion |
| Market Capitalization | $147.53 Million USD |
Valuation Analysis
Below Book Valuation: The market values First Financial Northwest Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: First Financial Northwest Inc's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for First Financial Northwest Inc (2003–2024)
The table below shows the annual total assets of First Financial Northwest Inc from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.42 Billion | -5.33% |
| 2023-12-31 | $1.51 Billion | +0.14% |
| 2022-12-31 | $1.50 Billion | +5.37% |
| 2021-12-31 | $1.43 Billion | +2.79% |
| 2020-12-31 | $1.39 Billion | +3.41% |
| 2019-12-31 | $1.34 Billion | +7.14% |
| 2018-12-31 | $1.25 Billion | +3.49% |
| 2017-12-31 | $1.21 Billion | +16.64% |
| 2016-12-31 | $1.04 Billion | +5.89% |
| 2015-12-31 | $979.91 Million | +4.58% |
| 2014-12-31 | $937.00 Million | +1.74% |
| 2013-12-31 | $920.98 Million | -2.30% |
| 2012-12-31 | $942.65 Million | -11.02% |
| 2011-12-31 | $1.06 Billion | -11.25% |
| 2010-12-31 | $1.19 Billion | -9.25% |
| 2009-12-31 | $1.32 Billion | +5.70% |
| 2008-12-31 | $1.24 Billion | +9.08% |
| 2007-12-31 | $1.14 Billion | +13.55% |
| 2006-12-31 | $1.00 Billion | +14.22% |
| 2005-12-31 | $879.65 Million | +13.30% |
| 2004-12-31 | $776.36 Million | +6.81% |
| 2003-12-31 | $726.88 Million | -- |