First Foundation Inc., through its subsidiaries, provides financial services to individuals, businesses, and other organizations in the United States. It operates in two segments, Banking; and Investment Management and Wealth Planning. 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 certificates of deposit; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and lines of credit, as well as consumer loans, such as personal installment loans and lines of credit, and home equity lines of credit. It also provides various specialized services comprising trust services, online banking, remote deposit capture, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services. In addition, the company offers investment management and financial planning services; advisory and coordination services in the areas of estate planning, retirement planning, charitable and business ownership issues, and issues faced by executives of publicly-traded companies; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company was founded in 1985 and is headquartered in Irvine, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:FFWM
Previous Symbol
CUSIPN/A
Phone949-202-4160
Debt
Debt-to-Equity Ratio0.44
Current Ratio0.95
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio16.78
Forward P/E Ratio15.07
P/E Growth2.16
Sales & Book Value
Annual Sales$175.52 million
Price / Sales4.12
Cash Flow$0.9766 per share
Price / Cash16.67
Book Value$11.95 per share
Price / Book1.36
Profitability
EPS (Most Recent Fiscal Year)$0.97
Net Income$27.58 million
Net Margins13.75%
Return on Equity9.64%
Return on Assets0.86%
Miscellaneous
Employees394
Outstanding Shares44,440,000
Market Cap$723.11 million
OptionableNot Optionable
First Foundation (NASDAQ:FFWM) Frequently Asked Questions
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) released its quarterly earnings data on Tuesday, October, 23rd. The bank reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.07. The bank earned $54.83 million during the quarter, compared to analyst estimates of $49.89 million. First Foundation had a return on equity of 9.64% and a net margin of 13.75%. View First Foundation's Earnings History.
When is First Foundation's next earnings date?
What price target have analysts set for FFWM?
5 Wall Street analysts have issued 12-month target prices for First Foundation's stock. Their forecasts range from $16.00 to $24.00. On average, they anticipate First Foundation's share price to reach $19.90 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price. View Analyst Price Targets for First Foundation.
What is the consensus analysts' recommendation for First Foundation?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Foundation in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Foundation.
Has First Foundation been receiving favorable news coverage?
News headlines about FFWM stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Foundation earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of First Foundation's key competitors?
Some companies that are related to First Foundation include Columbia Banking System (COLB), International Bancshares (IBOC), Bancorpsouth Bank (BXS), South State (SSB), CVB Financial (CVBF), First Interstate Bancsystem (FIBK), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), Ameris Bancorp (ABCB), Renasant (RNST), United Community Banks (UCBI), First Bancorp (FBP), TowneBank (TOWN) and ServisFirst Bancshares (SFBS).
Who are First Foundation's key executives?
First Foundation's management team includes the folowing people:
- Mr. Ulrich Emanuel Keller Jr., CFP, Exec. Chairman (Age 62)
- Mr. Scott Farris Kavanaugh, Vice Chairman & CEO (Age 57)
- Mr. Robert Noble, EVP & Chief Lending Officer (Age 57)
- Mr. John Matthias Michel, Exec. VP & CFO (Age 58)
Who are First Foundation's major shareholders?
First Foundation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (8.99%), BlackRock Inc. (5.55%), Dimensional Fund Advisors LP (2.88%), Banc Funds Co. LLC (2.87%), Russell Investments Group Ltd. (1.90%) and Deutsche Bank AG (1.78%). Company insiders that own First Foundation stock include David G Lake, Gerald L Larsen, Jacob Sonenshine, James G Brakke, John Hakopian, John Michel, Max Briggs, Scott F Kavanaugh, Ulrich E Keller Jr and Warren D Fix. View Institutional Ownership Trends for First Foundation.
Which institutional investors are selling First Foundation stock?
FFWM stock was sold by a variety of institutional investors in the last quarter, including Emerald Mutual Fund Advisers Trust, Wells Fargo & Company MN, Thompson Siegel & Walmsley LLC, Emerald Advisers Inc. PA, Renaissance Technologies LLC, Citadel Advisors LLC, Alliancebernstein L.P. and Banc Funds Co. LLC. Company insiders that have sold First Foundation company stock in the last year include Gerald L Larsen, Jacob Sonenshine, John Hakopian, John Michel, Max Briggs, Scott F Kavanaugh, Ulrich E Keller Jr and Warren D Fix. View Insider Buying and Selling for First Foundation.
Which institutional investors are buying First Foundation stock?
FFWM stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., EJF Capital LLC, Dimensional Fund Advisors LP, Royce & Associates LP, Teton Advisors Inc., Panagora Asset Management Inc., MetLife Investment Advisors LLC and Allianz Asset Management GmbH. Company insiders that have bought First Foundation stock in the last two years include David G Lake, James G Brakke, John Michel and Max Briggs. View Insider Buying and Selling for First Foundation.
How do I buy shares of First Foundation?
Shares of FFWM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Foundation's stock price today?
One share of FFWM stock can currently be purchased for approximately $16.28.
How big of a company is First Foundation?
First Foundation has a market capitalization of $723.11 million and generates $175.52 million in revenue each year. The bank earns $27.58 million in net income (profit) each year or $0.97 on an earnings per share basis. First Foundation employs 394 workers across the globe.
What is First Foundation's official website?
How can I contact First Foundation?
First Foundation's mailing address is 18101 VON KARMAN AVE SUITE 700, IRVINE CA, 92612. The bank can be reached via phone at 949-202-4160 or via email at [email protected]
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 FFWM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FFWM will underperform the S&P 500 over the long term. You may vote once every thirty days.
