First Foundation

First Foundation, Inc. is a bank holding, which engages in the provision of comprehensive platform of financial services to individuals, businesses, and organizations. It operates through the following segments: Banking and Wealth Management. The company was founded by John Avak Hakopian and Ulrich Emanuel Keller, Jr. in 1990 and is headquartered in Irvine, CA.

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First Foundation reports solid Q4 earnings, eyes growth opportunities

First Foundation delivered solid financial performance in Q4 2022, emphasizing operational efficiencies and strategic growth initiatives.
While facing challenges in multifamily lending and regulatory uncertainties, the company is poised for modest loan portfolio growth and expense management.
Opportunities lie in commercial and industrial loans, trust business growth, and navigating the changing competitive landscape for market expansion.
With a focus on managing NIM, loan yields, and deposit costs, First Foundation aims to optimize profitability and enhance shareholder value.

First Foundation reports resilient Q1 performance amidst industry challenges

First Foundation navigated challenges from the financial services industry, stabilizing after significant deposit outflows.
Efforts to enhance operational efficiency and maintain liquidity position were key strengths for the bank.
Despite facing headwinds, the bank remains well-capitalized and focused on strategic growth opportunities.
The bank's focus on high underwriting standards and conservative lending practices drove loan originations primarily in commercial business loans.

First Foundation reports Q2 challenges but shows resilience and growth opportunities

First Foundation navigated challenges in Q2, reporting a net loss due to a goodwill impairment charge, but showed resilience in core operations.
Despite a decrease in revenues, the company maintained strong deposit growth, efficient loan portfolio management, and a focus on cost-saving initiatives.
Anticipated margin improvement, dividend increases, and operational optimizations present opportunities for growth and enhanced shareholder value in the future.
Scott Kavanaugh emphasized growth, efficiency, and client service, highlighting the company's adaptability and strategic focus in the current environment.

First Foundation reports solid Q3 earnings, eyes growth opportunities

First Foundation's Q3 performance reflected a focus on improving efficiency and credit quality. Despite challenges in deposit decline and loan outlook, the company's strengths in liquidity and digital banking present growth opportunities. Strategic initiatives to enhance core deposits and relationships are key for future success.

First Foundation's Q4 performance showed steady net income and EPS, with a focus on improving asset quality and diversifying the loan portfolio.
Challenges include a decline in customer service deposits and anticipated expense adjustments tied to revenue and profitability improvements.
Opportunities lie in enhancing client relationships, optimizing resources, and reducing rates paid on deposits for improved efficiency and profitability.
Overall, First Foundation remains optimistic for 2024, aiming to strengthen key financial metrics and capitalize on growth opportunities.

First Foundation maintains stability amidst market volatility and growth opportunities

First Foundation's Q1 2024 performance reflects stable financials with a focus on credit quality and relationship banking
Strengths lie in core deposit growth, asset diversification, and proactive risk management strategies
Challenges include market volatility impacting refinancing decisions and uncertainty in margin expansion
Opportunities exist in expanding C&I fundings, enhancing deposit gathering strategies, and growing net interest income

First Foundation (FFWM) reports robust Q2 earnings and growth opportunities

First Foundation exhibited strong financial performance with notable improvements in key metrics like revenue and deposit composition.
While facing challenges in expense management and funding diversification, the company has opportunities to optimize efficiency and revenue generation.
Overall, First Foundation's Q2 2024 performance reflects a solid foundation for growth and strategic advancement in the financial sector.

First Foundation manages noise, eyes stability through strategic shifts

First Foundation navigated a noisy quarter with a focus on asset quality and strategic shifts in loan portfolio composition.
Efforts to enhance liquidity and core deposits position the company for long-term success.
Despite challenges in fair value adjustments and cost management, opportunities in loan diversification and wealth management are evident.

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First Foundation, Inc. is a bank holding, which engages in the provision of a comprehensive platform of financial services to individuals, businesses, and organizations. It operates through the following segments: Banking, Wealth Management, and Other. The company was founded by John Avak Hakopian and Ulrich Emanuel Keller, Jr. in 1990 and is headquartered in Dallas, TX.

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its first quarter 2024 earnings results before the market opens on Thursday, April 25. At 11:00 AM ET / 8:00 AM PT on that same day, President and Chief Executive Officer Scott F. Kavanaugh of First Foundation will host a discussion of the Company's fi.

First Foundation Inc. Announces First Quarter 2024 Earnings Conference Call Details

IRVINE, Calif.--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) ("First Foundation"), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announces the nonprofit recipients of its 'Supporting Our Communities' philanthropy initiative. First Foundation's 'Supporting Our Communities' initiative is designed to support organizations in our community that focus on immediate needs such as food insecurity, emergency housing.

First Foundation Inc. Announces Nonprofit Recipients of Its 'Supporting Our Communities' Philanthropic Initiative

First Foundation Inc. (FFWM) Q4 2023 Earnings Call Transcript

The headline numbers for First Foundation (FFWM) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, First Foundation (FFWM) Q4 Earnings: A Look at Key Metrics

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended December 31, 2023. The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx. At 8 a.m. PT / 11 a.m. ET, President and Chief Executive Officer.

First Foundation Inc. Reports Fourth Quarter 2023 Financial Results

Get a deeper insight into the potential performance of First Foundation (FFWM) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Ahead of First Foundation (FFWM) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its fourth quarter 2023 earnings results before the market opens on Thursday, January 25. At 11:00AM ET / 8:00AM PT on that same day, President and Chief Executive Officer Scott F. Kavanaugh of First Foundation will host a discussion of the Company's f.

First Foundation Inc. Announces Fourth Quarter 2023 Earnings Conference Call Details

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today the reopening of their Fifth Avenue office in Naples, Florida. First Foundation's Fifth Avenue office has reopened today after being closed for fifteen months due to the destruction caused by Hurricane Ian in Southwest Florida in September 2022. The storm.

First Foundation Bank Celebrates Grand Reopening in Naples, Florida

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First Foundation Inc. (NYSE:FFWM ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Scott Kavanaugh - President and CEO Jamie Britton - CFO Chris Naghibi - COO Conference Call Participants David Feaster - Raymond James Andrew Terrell - Stephens Inc. Adam Butler - Piper Sandler Gary Tenner - D.A. Davidson Operator Greetings, and welcome to First Foundation's Third Quarter 2023 Earnings Conference Call.

First Foundation Inc. (FFWM) Q3 2023 Earnings Conference Call Transcript

First Foundation (FFWM) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.51 per share a year ago.

First Foundation (FFWM) Q3 Earnings and Revenues Beat Estimates

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended September 30, 2023. Additionally, First Foundation Inc. announced today that its Board of Directors approved the payment of a quarterly cash dividend of $0.01 per common share payable on November 16, 2023, to common shareholders of rec.

First Foundation Inc. Reports Third Quarter 2023 Financial Results

First Foundation (FFWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: First Foundation (FFWM) Q3 Earnings Expected to Decline

First Foundation is a cheap financial services company trading at low multiples and a significant discount to book value. The company operates a bank catering to small and medium-sized businesses, with a focus on loans secured by multifamily properties. Despite a decline in net interest income and profits, the company has seen growth in deposits and has low uninsured deposit exposure.

First Foundation: A Steep Discount For A Risky Prospect

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its third quarter 2023 earnings results before the market opens on Thursday, October 26. At 11:00AM ET / 8:00AM PT on that same day, President and Chief Executive Officer Scott F. Kavanaugh of First Foundation will host a discussion of the Company's fi.

First Foundation Inc. Announces Third Quarter 2023 Earnings Conference Call Details

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today its inclusion on the list of 2023 Top 100 RIA Firms by Barron's. The annual list recognizes the top-ranked RIAs in the country based on Barron's proprietary ranking system that includes assets under management, revenue, and quality of practice. "At First F.

First Foundation Advisors Recognized as a Top Registered Investment Advisory Firm by Barron's

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that First Foundation Advisors has been recognized as one of 2023's top financial advisory firms for the second consecutive year. The CNBC FA100 is an annual list, issued on September 12, 2023, which recognizes firms that provide wealth management services.

First Foundation Advisors Named as One of the Top Financial Advisory Firms on the CNBC FA100 List

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq) and will continue to be traded under the ticker symbol ‘FFWM'. First Foundation's common stock is expected to begin tr.

First Foundation Inc. Announces Transfer of Common Stock Listing to the New York Stock Exchange

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, is pleased to announce the appointment of James (“Jamie”) Britton as Executive Vice President, Chief Financial Officer, effective August 14, 2023. Reporting to Scott F. Kavanaugh, President and Chief Executive Officer, Mr. Britton will lead the financial operations teams for First Found.

First Foundation Inc. Appoints James Britton as Chief Financial Officer

First Foundation Inc. (NASDAQ:FFWM ) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Scott Kavanaugh - President and CEO Chris Naghibi - Chief Operating Officer Amy Djou - Interim Chief Financial Officer Conference Call Participants David Feaster - Raymond James Andrew Terrell - Stephens Gary Tenner - D.A. Davidson Adam Butler - Piper Sandler Operator Greetings.

First Foundation Inc. (FFWM) Q2 2023 Earnings Call Transcript

The headline numbers for First Foundation (FFWM) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Foundation (FFWM) Reports Q2 Earnings: What Key Metrics Have to Say

First Foundation (FFWM) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.59 per share a year ago.

First Foundation (FFWM) Q2 Earnings and Revenues Top Estimates

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended June 30, 2023. The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx. At 8 a.m. PT / 11 a.m. ET, President and Chief Executive Officer,.

First Foundation Inc. Reports Second Quarter 2023 Financial Results

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its second quarter 2023 earnings results before the market opens on Thursday, July 27. At 11:00 AM ET / 8:00 AM PT on that same day, President and Chief Executive Officer Scott F. Kavanaugh of First Foundation will host a discussion of the Company's.

First Foundation Inc. Announces Second Quarter 2023 Earnings Conference Call Details

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today announced that, based on a preliminary vote count provided by its proxy solicitors, stockholders voted to elect, by a substantial margin, all ten of the Company's director candidates to the Board of Directors at the 2023 Annual Meeting of Stockhold.

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