First Foundation (NYSE:FFWM) Stock Rating Upgraded by Wall Street Zen

Wall Street Zen upgraded shares of First Foundation (NYSE:FFWM - Free Report) from a sell rating to a hold rating in a research note released on Friday.

First Foundation Trading Up 1.0%

Shares of NYSE FFWM traded up $0.05 during mid-day trading on Friday, reaching $5.23. The company had a trading volume of 1,320,477 shares, compared to its average volume of 595,226. First Foundation has a twelve month low of $4.41 and a twelve month high of $8.52. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 1.72. The company has a market capitalization of $430.90 million, a PE ratio of -4.12 and a beta of 0.99.

First Foundation Company Profile

First Foundation Inc, through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.