First Financial Northwest - A Classic Graham-Dodd Investment Opportunity
- Investors get $1 of net assets for every 89 cents they invest - First Financial Northwest is currently trading at a price to book ratio of 0.89.
- Share count was reduced by 14% over the last year. Buybacks below book value make an undervalued asset more undervalued.
- First Financial Northwest has a rock-solid balance sheet - 18.6% Tier 1 Capital Ratio and 0.37% of non-performing loans to total loans.