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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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.

IRVINE, Calif.--(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, today announced the recipients of its ‘Supporting Our Communities' philanthropy initiative. After revamping the ‘Supporting Our Communities' initiative to provide a more meaningful donation to the selected nonprofits, First Foundation committed to continue the initiative in 2020

First Foundation Awards $260,000 to Nonprofits through Its ‘Supporting Our Communities' Program

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Perhaps you've seen the Energizer Bunny in a battery commercial. It is "still going" long after you'd expect it to fade.

Can the Bunny Come Roaring Back?

IRVINE, Calif.--(BUSINESS WIRE)--The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) has announced that WISEPlace is a recipient of an AHEAD grant for $37,500. WISEPlace is a First Foundation Inc., (NASDAQ: FFWM), Supporting Our Communities nonprofit partner that received a grant of $25,000 for its work to end homelessness for women. “We are so grateful for the grant and our partnership with First Foundation,” said Brateil Aghasi, CEO of WISEPlace. “The women of WISEPlace are st

First Foundation's Supporting Our Communities Partner, WISEPlace, Awarded AHEAD Grant from The Federal Home Loan Bank of San Francisco to Help Homeless Women

First Foundation Inc. (FFWM) CEO Scott Kavanaugh on Q3 2020 Results - Earnings Call Transcript

IRVINE, Calif.--(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”), announced today its financial results for the three and nine months ended September 30, 2020. As we present certain non-GAAP measures in this release, the reader should refer to the non-GAAP reconciliations set forth below under the section “Use of Non-GAAP Financial Measures.” “We d

First Foundation Announces 2020 Third Quarter 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.

First Foundation (FFWM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

IRVINE, Calif.--(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, today announced that it will discuss its financial results for the third quarter ending September 30, 2020 on Tuesday, October 27, 2020 at 11:00 AM ET / 8:00 AM PT. Scott F. Kavanaugh, Chief Executive Officer, and other executive members of First Foundation will host a discussio

First Foundation Schedules Third Quarter 2020 Earnings Conference Call

First Foundation (FFWM) delivered earnings and revenue surprises of 11.11% and 1.22%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

First Foundation (FFWM) Beats Q2 Earnings and Revenue Estimates

IRVINE, Calif.--(BUSINESS WIRE)--First Foundation Inc.

First Foundation Announces 2020 Second Quarter Financial Results

First Foundation (FFWM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

First Foundation (FFWM) Upgraded to Buy: Here's Why

IRVINE, Calif.--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (the “SEC”). Upon being declared effective by the SEC, this universal shelf registration statement will allow the Company to publicly offer and sell vari

First Foundation Inc. Files Shelf Registration

As of late, it has definitely been a great time to be an investor in First Foundation Inc. (FFWM).

First Foundation Inc. (FFWM) Shares March Higher, Can It Continue?

First Foundation (FFWM) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love First Foundation (FFWM)

First Foundation (FFWM) delivered earnings and revenue surprises of 0.00% and 3.23%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

First Foundation (FFWM) Q1 Earnings Match Estimates

First Foundation (FFWM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for First Foundation (FFWM) This Earnings Season?

First Foundation (FFWM) Reports Next Week: What to Expect

First Foundation Inc. (FFWM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

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