About First Foundation (NASDAQ:FFWM)
First Foundation Inc. is a financial services holding company that provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. The Company conducts its operations through its subsidiaries, First Foundation Advisors (FFA) and First Foundation Bank (FFB), and First Foundation Insurance Services (FFIS), a subsidiary of FFB. The Company's segments include Banking, Investment Management and Wealth Planning (Wealth Management), and Other. The Banking segment includes the operations of FFB and FFIS, and Wealth Management segment includes the operations of FFA. The Company's integrated platform provides investment management, wealth planning, consulting, trust, banking products and services, life insurance services and property and casualty insurance services to meet the financial needs of its clients.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:FFWM
- CUSIP: N/A
- Web: www.ff-inc.com
Capitalization:- Market Cap: $641.7 million
- Outstanding Shares: 34,463,000
Average Prices:- 50 Day Moving Avg: $17.53
- 200 Day Moving Avg: $16.63
- 52 Week Range: $11.64 - $18.72
P/E:- Trailing P/E Ratio: 19.76
- Foreward P/E Ratio: 15.52
- P/E Growth: 2.80
Sales & Book Value:- Annual Revenue: $138.07 million
- Price / Sales: 4.65
- Book Value: $9.28 per share
- Price / Book: 2.01
Profitability:- Net Margins: 20.14%
- Return on Equity: 10.82%
- Return on Assets: 0.84%
Debt:- Debt-to-Equity Ratio: 1.45%
- Current Ratio: 1.07%
- Quick Ratio: 1.02%
Misc:- Average Volume: 75,878 shs.
- Beta: 0.67
- Short Ratio: 7.72
Frequently Asked Questions for First Foundation (NASDAQ:FFWM)
What is First Foundation's stock symbol?
First Foundation trades on the NASDAQ under the ticker symbol "FFWM."
How were First Foundation's earnings last quarter?
First Foundation Inc. (NASDAQ:FFWM) issued its earnings results on Friday, July, 28th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.07. The company earned $37.59 million during the quarter, compared to the consensus estimate of $36.38 million. First Foundation had a net margin of 20.14% and a return on equity of 10.82%. View First Foundation's Earnings History.
When will First Foundation make its next earnings announcement?
Where is First Foundation's stock going? Where will First Foundation's stock price be in 2017?
3 analysts have issued 12-month target prices for First Foundation's stock. Their predictions range from $18.00 to $21.00. On average, they expect First Foundation's share price to reach $19.50 in the next year. View Analyst Ratings for First Foundation.
Who are some of First Foundation's key competitors?
Some companies that are related to First Foundation include Lakeland Financial Corporation (LKFN), Brookline Bancorp (BRKL), FB Financial Corporation (FBK), City Holding Company (CHCO), State Bank Financial Corporation. (STBZ), Southside Bancshares (SBSI), Seacoast Banking Corporation of Florida (SBCF), Aldermore Group PLC (ALD), First Bancorp (FBP), Hanmi Financial Corporation (HAFC), Sandy Spring Bancorp (SASR), Customers Bancorp (CUBI), Banc of California (BANC), MainSource Financial Group (MSFG), United Financial Bancorp (UBNK), Flushing Financial Corporation (FFIC), TBC Bank Group PLC (TBCG) and Community Trust Bancorp (CTBI).
Who are First Foundation's key executives?
First Foundation's management team includes the folowing people:
- Ulrich E. Keller Jr. CFP, Executive Chairman of the Board
- Scott F. Kavanaugh, Chief Executive Officer, Vice Chairman of the Board
- John M. Michel, Chief Financial Officer, Executive Vice President, IR Contact Officer
- John A. Hakopian, Corporate Executive, Director
- David S. DePillo, President of First Foundation Bank
- Adrian Darmawan, Executive Vice President, Chief Technology Officer
- Lindsay Lawrence, Executive Vice President, Chief Banking Officer
- Victoria Collins Ph.D.,CFP, Director
- James G. Brakke, Independent Director
- Max A. Briggs CFP, Independent Director
How do I buy First Foundation stock?
Shares of First Foundation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Foundation's stock price today?
One share of First Foundation stock can currently be purchased for approximately $18.62.
MarketBeat Community Rating for First Foundation (NASDAQ FFWM)MarketBeat's community ratings are surveys of what our community members think about First Foundation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for First Foundation (NASDAQ:FFWM) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.67) |
| Consensus Price Target: | $19.50 (4.73% upside) |
Consensus Price Target History for First Foundation (NASDAQ:FFWM)
Analysts' Ratings History for First Foundation (NASDAQ:FFWM)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/17/2017 | FBR & Co | Set Price Target | Buy | $21.00 | Low |  |
| 6/19/2017 | DA Davidson | Reiterated Rating | Buy | $19.50 | Low | |
| 5/12/2017 | Piper Jaffray Companies | Initiated Coverage | Neutral -> Neutral | $18.00 | Medium | |
| 10/27/2015 | Raymond James Financial, Inc. | Boost Price Target | Outperform | $24.00 -> $27.00 | N/A | |
(Data available from 10/20/2015 forward)
Earnings History for First Foundation (NASDAQ:FFWM)Earnings History by Quarter for First Foundation (NASDAQ FFWM)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $0.24 | | | | | N/A | |
| 7/28/2017 | Q2 2017 | $0.21 | $0.28 | $36.38 million | $37.59 million | View | N/A | |
| 4/24/2017 | Q1 2017 | $0.17 | $0.18 | $33.53 million | $33.84 million | View | N/A | |
| 2/6/2017 | Q416 | $0.13 | $0.19 | $31.28 million | $32.60 million | View | Listen | |
| 10/27/2016 | Q316 | $0.50 | $0.58 | $19.84 million | $38.20 million | View | Listen | |
| 7/28/2016 | Q216 | $0.19 | $0.20 | $27.60 million | $26.83 million | View | Listen | |
| 4/25/2016 | Q116 | $0.25 | $0.23 | $25.70 million | $26.35 million | View | Listen | |
| 2/4/2016 | Q415 | $0.27 | $0.31 | $25.15 million | $18.15 million | View | N/A | |
| 10/22/2015 | Q315 | $0.28 | $0.21 | $22.55 million | $22.33 million | View | N/A | |
| 7/23/2015 | Q2 2015 | $0.29 | $0.35 | $19.05 million | $19.84 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for First Foundation (NASDAQ:FFWM)2017 EPS Consensus Estimate: $0.85
2018 EPS Consensus Estimate: $1.20
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.16 | $0.18 | $0.17 |
| Q2 2017 | 2 | $0.22 | $0.23 | $0.23 |
| Q3 2017 | 2 | $0.22 | $0.26 | $0.24 |
| Q4 2017 | 2 | $0.19 | $0.24 | $0.22 |
| Q1 2018 | 1 | $0.22 | $0.22 | $0.22 |
| Q2 2018 | 1 | $0.28 | $0.28 | $0.28 |
| Q3 2018 | 1 | $0.33 | $0.33 | $0.33 |
| Q4 2018 | 1 | $0.37 | $0.37 | $0.37 |
(Data provided by Zacks Investment Research)
Dividend History for First Foundation (NASDAQ:FFWM)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for First Foundation (NASDAQ:FFWM)Insider Ownership Percentage: 18.50%
Institutional Ownership Percentage: 52.33%
Insider Trades by Quarter for First Foundation (NASDAQ:FFWM)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/12/2017 | John Michel | CFO | Sell | 30,000 | $16.58 | $497,400.00 | |
| 9/12/2017 | Ulrich E Keller Jr | Chairman | Sell | 16,245 | $16.60 | $269,667.00 | |
| 9/11/2017 | John Hakopian | Insider | Sell | 10,000 | $16.48 | $164,800.00 | |
| 9/11/2017 | John Michel | CFO | Sell | 20,000 | $16.50 | $330,000.00 | |
| 9/11/2017 | Ulrich E Keller Jr | Chairman | Sell | 8,000 | $16.47 | $131,760.00 | |
| 9/6/2017 | John Michel | CFO | Sell | 10,400 | $16.80 | $174,720.00 | |
| 9/5/2017 | Ulrich E Keller Jr | Chairman | Sell | 1,200 | $17.00 | $20,400.00 | |
| 9/1/2017 | Ulrich E Keller Jr | Chairman | Sell | 13,534 | $17.00 | $230,078.00 | |
| 8/31/2017 | Ulrich E Keller Jr | Chairman | Sell | 1,200 | $17.00 | $20,400.00 | |
| 8/25/2017 | Ulrich E Keller Jr | Chairman | Sell | 1,099 | $17.00 | $18,683.00 | |
| 8/22/2017 | Ulrich E Keller Jr | Chairman | Sell | 522 | $17.00 | $8,874.00 | |
| 8/16/2017 | Gerald L Larsen | Director | Sell | 17,400 | $17.40 | $302,760.00 | |
| 8/16/2017 | Ulrich E Keller Jr | Chairman | Sell | 13,600 | $17.28 | $235,008.00 | |
| 8/15/2017 | Ulrich E Keller Jr | Chairman | Sell | 6,800 | $17.30 | $117,640.00 | |
| 8/14/2017 | Ulrich E Keller Jr | Chairman | Sell | 13,600 | $17.12 | $232,832.00 | |
| 6/30/2017 | Ulrich E Keller Jr | Chairman | Sell | 10,000 | $16.38 | $163,800.00 | |
| 5/31/2017 | Ulrich E Keller Jr | Chairman | Sell | 10,000 | $15.19 | $151,900.00 | |
| 5/10/2017 | John Michel | CFO | Sell | 30,000 | $16.47 | $494,100.00 | |
| 4/28/2017 | John Michel | CFO | Sell | 20,000 | $15.86 | $317,200.00 | |
| 4/28/2017 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $15.71 | $78,550.00 | |
| 3/31/2017 | Ulrich E Keller Jr | Chairman | Sell | 10,000 | $15.51 | $155,100.00 | |
| 3/1/2017 | Jacob Sonenshine | Director | Sell | 10,000 | $16.65 | $166,500.00 | |
| 2/27/2017 | Jacob Sonenshine | Director | Sell | 4,668 | $16.65 | $77,722.20 | |
| 2/22/2017 | Max Briggs | Director | Sell | 666 | $16.96 | $11,295.36 | |
| 1/31/2017 | Ulrich E Keller Jr | Chairman | Sell | 10,000 | $14.31 | $143,100.00 | |
| 12/30/2016 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $28.42 | $142,100.00 | |
| 12/1/2016 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $28.46 | $142,300.00 | |
| 11/17/2016 | John Michel | CFO | Buy | 14,000 | $10.00 | $140,000.00 | |
| 10/31/2016 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $24.66 | $123,300.00 | |
| 9/30/2016 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $24.27 | $121,350.00 | |
| 8/31/2016 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $24.99 | $124,950.00 | |
| 8/1/2016 | Victoria Collins | Director | Sell | 5,000 | $23.19 | $115,950.00 | |
| 7/29/2016 | Ulrich E Keller Jr | Chairman | Sell | 5,000 | $23.43 | $117,150.00 | |
| 7/1/2016 | Victoria Collins | Director | Sell | 5,000 | $21.25 | $106,250.00 | |
| 6/14/2016 | John Michel | CFO | Buy | 1,500 | $21.41 | $32,115.00 | |
| 6/1/2016 | Victoria Collins | Director | Sell | 5,000 | $22.41 | $112,050.00 | |
| 5/2/2016 | Victoria Collins | Director | Sell | 5,000 | $22.69 | $113,450.00 | |
| 4/1/2016 | Victoria Collins | Director | Sell | 5,000 | $22.35 | $111,750.00 | |
| 3/23/2016 | Victoria Collins | Director | Sell | 5,000 | $22.41 | $112,050.00 | |
| 9/9/2015 | James G Brakke | Director | Buy | 1,668 | $21.11 | $35,211.48 | |
| 5/27/2015 | David S Depillo | Insider | Buy | 272,035 | $18.38 | $5,000,003.30 | |
| 5/27/2015 | Warren D Fix | Director | Buy | 1,000 | $18.92 | $18,920.00 | |
| 4/25/2015 | James G Brakke | Director | Buy | 1,500 | $17.94 | $26,910.00 | |
| 3/13/2015 | Victoria Collins | Director | Sell | 20,000 | $18.10 | $362,000.00 | |
| 2/5/2015 | John Hakopian | Insider | Buy | 2,000 | $18.00 | $36,000.00 | |
| 12/9/2014 | Scott F Kavanaugh | CEO | Buy | 5,800 | $18.50 | $107,300.00 | |
| 12/4/2014 | James G Brakke | Director | Buy | 1,075 | $18.93 | $20,349.75 | |
| 12/1/2014 | James G Brakke | Director | Buy | 2,700 | $18.56 | $50,112.00 | |
| 12/1/2014 | Scott F Kavanaugh | CEO | Buy | 7,400 | $18.35 | $135,790.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for First Foundation (NASDAQ:FFWM)
Latest Headlines for First Foundation (NASDAQ:FFWM)
| Source: |
|
| Date | Headline |
|---|
 | First Foundation Inc. (FFWM) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 18 at 6:46 AM |
| First Foundation Inc. (FFWM) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - October 7 at 10:44 PM |
 | First Foundation Announces Third Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - October 6 at 7:03 PM |
| Brokerages Expect First Foundation Inc. (FFWM) Will Announce Quarterly Sales of $38.83 Million
www.americanbankingnews.com - October 3 at 11:14 AM |
| $0.24 EPS Expected for First Foundation Inc. (FFWM) This Quarter
www.americanbankingnews.com - October 1 at 4:30 AM |
| First Foundation Inc. (FFWM) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - September 15 at 12:02 PM |
| First Foundation, Inc. breached its 50 day moving average in a Bullish Manner : FFWM-US : September 14, 2017
finance.yahoo.com - September 14 at 3:16 PM |
| First Foundation Inc. (FFWM) Chairman Sells $131,760.00 in Stock
www.americanbankingnews.com - September 13 at 8:52 PM |
| John Hakopian Sells 10,000 Shares of First Foundation Inc. (FFWM) Stock
www.americanbankingnews.com - September 13 at 8:28 PM |
| First Foundation Inc. (FFWM) Chairman Sells $269,667.00 in Stock
www.americanbankingnews.com - September 13 at 8:28 PM |
| Insider Selling: First Foundation Inc. (FFWM) CFO Sells 20,000 Shares of Stock
www.americanbankingnews.com - September 13 at 8:28 PM |
| Insider Selling: First Foundation Inc. (FFWM) CFO Sells 30,000 Shares of Stock
www.americanbankingnews.com - September 13 at 8:04 PM |
| Insider Selling: First Foundation Inc. (FFWM) Chairman Sells 1,200 Shares of Stock
www.americanbankingnews.com - September 7 at 1:46 PM |
| First Foundation Inc. (FFWM) CFO John Michel Sells 10,400 Shares
www.americanbankingnews.com - September 7 at 1:26 PM |
| Ulrich E. Keller, Jr. Sells 13,534 Shares of First Foundation Inc. (FFWM) Stock
www.americanbankingnews.com - September 1 at 8:04 PM |
| Ulrich E. Keller, Jr. Sells 1,200 Shares of First Foundation Inc. (FFWM) Stock
www.americanbankingnews.com - August 31 at 10:22 PM |
| First Foundation, Inc. breached its 50 day moving average in a Bearish Manner : FFWM-US : August 29, 2017
finance.yahoo.com - August 29 at 7:07 PM |
| Ulrich E. Keller, Jr. Sells 1,099 Shares of First Foundation Inc. (FFWM) Stock
www.americanbankingnews.com - August 28 at 10:22 PM |
| First Foundation Inc. (FFWM) Expected to Announce Quarterly Sales of $38.83 Million
www.americanbankingnews.com - August 26 at 1:30 AM |
| First Foundation Bank Appoints Andres Melgar as Vice President, Branch Manager of its San Diego Location
finance.yahoo.com - August 24 at 7:53 PM |
| ETFs with exposure to First Foundation, Inc. : August 23, 2017
finance.yahoo.com - August 24 at 12:47 AM |
| First Foundation Inc. (FFWM) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - August 21 at 10:02 AM |
| First Foundation, Inc. breached its 50 day moving average in a Bearish Manner : FFWM-US : August 18, 2017
finance.yahoo.com - August 18 at 6:32 PM |
| Ulrich E. Keller, Jr. Sells 13,600 Shares of First Foundation Inc. (FFWM) Stock
www.americanbankingnews.com - August 16 at 10:44 PM |
| First Foundation Inc. (FFWM) Chairman Sells $117,640.00 in Stock
www.americanbankingnews.com - August 16 at 10:44 PM |
| Insider Selling: First Foundation Inc. (FFWM) Director Sells 17,400 Shares of Stock
www.americanbankingnews.com - August 16 at 10:28 PM |
| First Foundation Inc. (FFWM) Chairman Sells $232,832.00 in Stock
www.americanbankingnews.com - August 14 at 11:12 PM |
| First Foundation to Participate in Raymond James U.S. Bank Conference
finance.yahoo.com - August 11 at 7:04 PM |
| First Foundation, Inc. :FFWM-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 10 at 7:57 PM |
| The Actors Fund Announces New Partnership with First Foundation Inc. to Provide Financial Literacy and Build Fundraising Capabilities
finance.yahoo.com - August 8 at 6:21 PM |
| $38.83 Million in Sales Expected for First Foundation Inc. (FFWM) This Quarter
www.americanbankingnews.com - August 8 at 7:16 AM |
| First Foundation Inc. (NASDAQ:FFWM) Expected to Post Earnings of $0.24 Per Share
www.americanbankingnews.com - August 6 at 12:28 PM |
| First Foundation Inc. to Post FY2017 Earnings of $0.91 Per Share, DA Davidson Forecasts (NASDAQ:FFWM)
www.americanbankingnews.com - July 31 at 8:31 AM |
| First Foundation Inc. (FFWM) Expected to Earn Q4 2017 Earnings of $0.24 Per Share
www.americanbankingnews.com - July 31 at 7:55 AM |
| First Foundation Inc. (FFWM) Upgraded to C- by TheStreet
www.americanbankingnews.com - July 30 at 8:32 PM |
| FBR & Co Comments on First Foundation Inc.'s Q3 2017 Earnings (NASDAQ:FFWM)
www.americanbankingnews.com - July 28 at 7:31 AM |
| Q3 2017 EPS Estimates for First Foundation Inc. Lifted by Analyst (FFWM)
www.americanbankingnews.com - July 28 at 7:30 AM |
| First Foundation Inc. (NASDAQ:FFWM) Announces Quarterly Earnings Results
www.americanbankingnews.com - July 27 at 9:08 PM |
| Edited Transcript of FFWM earnings conference call or presentation 26-Jul-17 4:00pm GMT
finance.yahoo.com - July 27 at 12:15 AM |
| First Foundation Announces 2017 Second Quarter Financial Results
finance.yahoo.com - July 26 at 7:13 PM |
| Investor Network: First Foundation, Inc. to Host Earnings Call
finance.yahoo.com - July 26 at 7:13 PM |
| First Foundation tops Street 2Q forecasts
finance.yahoo.com - July 26 at 7:13 PM |
| Q4 2017 EPS Estimates for First Foundation Inc. Lifted by FBR & Co (NASDAQ:FFWM)
www.americanbankingnews.com - July 18 at 1:53 PM |
| First Foundation Inc. (NASDAQ:FFWM) Expected to Announce Earnings of $0.21 Per Share
www.americanbankingnews.com - July 17 at 11:31 AM |
| First Foundation Bank Appoints Larry Scarpone as Vice President, Credit Manager of Equipment Finance
finance.yahoo.com - July 6 at 7:54 PM |
| Ulrich E. Keller, Jr. Sells 10,000 Shares of First Foundation Inc. (FFWM) Stock
www.americanbankingnews.com - July 3 at 1:20 PM |
 | First Foundation (FFWM) Announces Acquisition of Community 1st Bank for $50.4M in Stock
www.streetinsider.com - June 15 at 7:19 PM |
 | First Foundation beats Street 1Q forecasts
marketbeat.com - April 24 at 9:08 AM |
| FIRST FOUNDATION INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 15 at 10:34 PM |
| FIRST FOUNDATION INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - March 4 at 5:30 PM |
First Foundation (FFWM) Chart for Friday, October, 20, 2017
