First Financial Northwest, Inc. Reports Net Income of $1.5 Million or $0.16 per Diluted Share for the Second Quarter Ended June 30, 2023

RENTON, Washington, July 27, 2023 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported net income for the quarter ended June 30, 2023, of $1.5 million, or $0.16 per diluted share, compared to $2.1 million, or $0.23 per diluted share, for the quarter ended March 31, 2023, and $2.8 million, or $0.31 per diluted share, for the quarter ended June 30, 2022. For the six months ended June 30, 2023, net income was $3.6 million, or $0.39 per diluted share, compared to net income of $6.1 million, or $0.66 per diluted share, for the comparable six-month period in 2022.