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
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:FFWM
CUSIPN/A
Phone949-202-4160
Debt
Debt-to-Equity Ratio1.87
Current Ratio1.15
Quick Ratio1.11
Price-To-Earnings
Trailing P/E Ratio20.86
Forward P/E Ratio17.00
P/E Growth2.39
Sales & Book Value
Annual Sales$175.52 million
Price / Sales4.50
Cash Flow$0.9873 per share
Price / Cash20.49
Book Value$10.34 per share
Price / Book1.96
Profitability
EPS (Most Recent Fiscal Year)$0.97
Net Income$27.58 million
Net Margins16.05%
Return on Equity10.22%
Return on Assets0.86%
Miscellaneous
Employees394
Outstanding Shares39,080,000
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) posted its earnings results on Tuesday, April, 24th. The bank reported $0.23 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.03. The bank had revenue of $43.25 million for the quarter, compared to analysts' expectations of $43.15 million. First Foundation had a net margin of 16.05% and a return on equity of 10.22%. View First Foundation's Earnings History.
When is First Foundation's next earnings date?
What price target have analysts set for FFWM?
5 brokers have issued 12-month target prices for First Foundation's stock. Their forecasts range from $20.00 to $24.00. On average, they anticipate First Foundation's share price to reach $21.75 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 International Bancshares (IBOC), Union Bankshares (UBSH), United Community Bank (UCBI), CVB Financial (CVBF), Great Western Bancorp (GWB), First Interstate BancSystem (FIBK), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB), Ameris Bancorp (ABCB), Eagle Bancorp (EGBN), Independent Bank Group (IBTX) and Banner (BANR).
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. John Matthias Michel, Exec. VP & CFO (Age 58)
- Mr. David S. DePillo, Pres of First Foundation Bank (Age 57)
- Mr. Robert Nobel, EVP & Chief Lending Officer (Age 57)
Has First Foundation been receiving favorable news coverage?
Press coverage about FFWM stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Foundation earned a coverage optimism score of 0.08 on Accern's scale. They also assigned headlines about the bank an impact score of 45.19 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are First Foundation's major shareholders?
First Foundation's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.16%), Mendon Capital Advisors Corp (3.48%), Russell Investments Group Ltd. (3.11%), Banc Funds Co. LLC (2.81%), RMB Capital Management LLC (1.92%) and Dimensional Fund Advisors LP (1.84%). Company insiders that own First Foundation stock include Gerald L Larsen, Jacob Sonenshine, John Hakopian, John Michel, Max Briggs, Scott F Kavanaugh, Ulrich E Keller Jr, Victoria Collins 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 Boston Partners, Mendon Capital Advisors Corp, Banc Funds Co. LLC, Allianz Asset Management GmbH and Allianz Asset Management GmbH. 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 Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Mackay Shields LLC, Wells Fargo & Company MN, Employees Retirement System of Texas, RMB Capital Management LLC and Stifel Financial Corp. 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 $20.23.
How big of a company is First Foundation?
First Foundation has a market capitalization of $781.18 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.
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 (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.
