First Northern Community Bancorp FNRN

FinancialsBanking ServicesUnited States of America

Last close 17.57 USD on Nov 2, 2026, +13.4% year to date

Quant rating

Quant rating D Rank 744 of 799 in Financials

Growth D 609 of 799
Valuation C 558 of 799
Quality D 600 of 799
Revisions D 617 of 799
Momentum D 656 of 799

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 288M
Enterprise value: 175M
52-week range: 14.41 – 19.25
3-year range: 14.41 – 19.25
Dividend yield: –
Beta (5 years): –
Shares outstanding: 16.4M
Next earnings: –

About the company

First Northern Community Bancorp is a bank holding company. The Company provides a full range of community banking services to individual and corporate customers. It serves Solano, Yolo, Sacramento, Placer, Colusa, and Glenn counties, as well as the west slope of El Dorado County, through its wholly owned subsidiary bank, First Northern Bank of Dixon (the Bank). The Bank has 14 full-service branches located in the cities of Auburn, Colusa, Davis, Dixon, Fairfield, Orland, Rancho Cordova, Roseville, Sacramento, Vacaville, West Sacramento, Winters, Willows and Woodland. It provides a range of products and services to small- and medium-sized businesses and individuals, including accepting demand, interest-bearing transactions, savings, and time deposits, and making commercial, consumer, and real estate-related loans. It also rents safe deposit boxes and provides other customary banking services. It also offers equipment leasing, credit cards, and merchant card processing.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	82.3	78.7	74.1	55.9	47.2	–
Revenue growth	4.6%	6.1%	32.6%	18.5%	−3.5%	11.0%
EPS (basic, normalized)	1.24	1.20	1.17	0.91	0.79	–
EPS growth	2.9%	2.8%	28.4%	15.0%	−0.8%	9.1%
Gross margin	–	–	–	–	–	–
Net margin	25.7%	25.5%	29.1%	28.4%	30.1%	27.7%
ROE	–	–	–	–	–	–

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	17.7%
Long-term debt (mil)	0
Net debt (mil)	–
Total equity (mil)	217
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	82.3	+4.6%	2.1x	–	–	–	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	–	–	–	–	–	–	–	–
2027	–	–	–	–	–	–	–	–
2028	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
FNRN First Northern Community Bancorp	288M	17.7%	25.7%	1.60x	–	–	–	–
TRUX Truxton Corp	291M	–	–	–	–	–	–	–
HWBK Hawthorn Bancshares, Inc.	288M	15.2%	24.4%	1.06x	–	–	–	–
VABK Virginia National Bankshares Corp	287M	20.8%	24.9%	1.16x	–	–	–	–
LCNB LCNB Corp	285M	11.6%	22.4%	1.09x	10.8x	10.7x	1.0x	1.0x
FXNC First National Corp	284M	12.9%	17.8%	1.25x	11.9x	11.4x	1.4x	1.3x
Mean		15.6%	23.0%	1.23x	11.4x	11.0x	1.2x	1.1x
Median		15.2%	24.4%	1.16x	11.4x	11.0x	1.2x	1.1x

Technical analysis

1M−1.2%
3M−4.5%
1Y+13.4%
3Y+13.4%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, First Northern Community Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	82.3	78.7	74.1	55.9	47.2	48.9
Total interest expense	14.8	14.3	7.6	1.2	0.9	1.5
Net interest income	67.5	64.4	66.5	54.7	46.3	47.4
Loan loss provision	0	−0.2	1.1	0.9	−1.5	–
Net interest income after loan loss provision	67.5	64.6	65.4	53.8	47.8	47.4
Non-interest income	6.1	6.0	7.8	6.9	7.9	7.8
Non-interest expense	−46.2	−42.8	−43.6	−39.1	−36.2	−38.5
Net income before taxes	27.4	27.8	29.6	21.7	19.4	16.7
Provision for taxes	6.3	7.8	8.1	5.8	5.2	4.5
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	21.1	20.0	21.6	15.9	14.2	12.2
Extraordinary items	–	–	–	–	–	–
Net income	21.1	20.0	21.6	15.9	14.2	12.2
Basic weighted average shares (mil)	17.1	16.7	17.6	17.5	17.9	18.0
Diluted weighted average shares (mil)	17.4	16.9	17.7	17.7	17.9	18.2
Basic EPS excluding extraordinary items	1.24	1.20	1.23	0.91	0.79	0.67
Basic EPS, normalized	1.24	1.20	1.17	0.91	0.79	0.80

Balance sheet in millions of USD, fiscal years

Balance sheet, First Northern Community Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	146	119	149	187	346	267
Other earning assets	638	660	603	648	654	468
Net loans	1,050	1,047	1,052	970	853	876
Property, plant & equipment	14.1	12.4	14.0	11.0	11.7	12.4
Goodwill	–	–	–	–	–	–
Intangibles	5.5	4.6	5.6	1.6	1.5	1.2
Long-term investments	–	–	–	–	–	–
Other long-term assets	13.0	19.0	19.6	24.2	5.7	2.9
Other assets	44.1	28.9	28.3	28.5	27.9	28.1
Total assets	1,911	1,892	1,872	1,871	1,899	1,655
Liabilities
Accounts payable	14.0	11.7	15.6	14.0	14.2	15.1
Payable/accrued	–	–	–	–	–	–
Accrued expenses	5.8	3.6	4.6	5.4	5.7	6.5
Total deposits	1,679	1,700	1,692	1,727	1,728	1,478
Other bearing liabilities	–	–	–	–	0	5.0
Short-term borrowings	–	–	–	–	–	–
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	0	0	0	0	0	0
Minority interest	–	–	–	–	–	–
Other liabilities	0	0	0	0	0	0
Total liabilities	1,699	1,715	1,713	1,746	1,748	1,505
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	135	128	123	116	110	108
Additional paid-in capital	1.0	1.0	1.0	1.0	1.0	1.0
Retained earnings (accumulated deficit)	92.0	81.3	68.8	54.5	44.3	37.1
Treasury stock	–	–	–	–	–	–
Other equity	−15.5	−33.9	−33.7	−46.5	−4.2	5.0
Total equity	212	176	159	125	151	151
Total liabilities & shareholders' equity	1,911	1,892	1,872	1,871	1,899	1,655

Cash flow statement in millions of USD, fiscal years

Cash flow statement, First Northern Community Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	21.1	20.0	21.6	15.9	14.2	12.2
Depreciation, depletion & amortization	1.7	1.9	1.8	0.8	0.8	0.9
Deferred taxes	−0.4	0.6	−0.4	−0.7	1.0	−1.4
Non-cash items	−15.1	2.0	2.4	5.8	5.9	4.2
Changes in working capital	−0.6	−5.0	1.9	0	3.4	−3.3
Cash from operations	6.9	19.5	27.3	21.8	25.3	12.6
Investing activities
Capital expenditures	−1.7	−0.3	−1.2	−0.3	−0.8	−0.9
Other investing cash flows	46.5	−52.9	84.8	−178	−186	−201
Cash from investing	44.8	−53.3	83.6	−179	−186	−202
Financing activities
Financing cash flow items	−20.9	7.6	−149	−1.4	245	345
Cash dividends paid	0	0	0	0	0	0
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−4.7	−3.7	0	−0.1	−5.3	0.1
Cash from financing	−25.6	4.0	−149	−1.5	240	345
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	26.1	−29.8	−38.2	−159	78.8	156
Free cash flow	5.2	19.2	26.1	21.4	24.5	11.7

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.