First Foundation (NYSE:FFWM) Rating Increased to Hold at 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 report report published on Friday.

First Foundation Price Performance

Shares of FFWM stock traded down $0.11 during trading hours on Friday, reaching $5.14. 524,558 shares of the company were exchanged, compared to its average volume of 629,970. First Foundation has a fifty-two week low of $4.41 and a fifty-two week high of $8.52. The firm has a market capitalization of $423.48 million, a price-to-earnings ratio of 262.50 and a beta of 0.99. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 1.72.

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.