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First Financial Northwest Awaits Approval for Asset Sale
Company Announcements

First Financial Northwest Awaits Approval for Asset Sale

Story Highlights
  • First Financial Northwest is involved in a transaction with Global Federal Credit Union.
  • Transaction completion is expected in early 2025, with potential lower shareholder payouts.
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An update from First Financial Northwest ( (FFNW) ) is now available.

First Financial Northwest, Inc. has issued a set of FAQs to its employees regarding a pending transaction with Global Federal Credit Union, in which Global will acquire substantially all of the bank’s assets and liabilities. The transaction is awaiting final regulatory approval, with completion anticipated in the first quarter of 2025, though the expected shareholder consideration may be on the lower end of previous estimates due to delays.

More about First Financial Northwest

First Financial Northwest, Inc. operates in the financial services industry, primarily through its subsidiary, First Financial Northwest Bank, providing banking services and products.

YTD Price Performance: 68.52%

Average Trading Volume: 32,227

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $207M

For detailed information about FFNW stock, go to TipRanks’ Stock Analysis page.

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