First Foundation

First Foundation, Inc. is a bank holding, which engages in the provision of comprehensive platform of financial services to individuals, businesses, and organizations. It operates through the following segments: Banking and Wealth Management. The company was founded by John Avak Hakopian and Ulrich Emanuel Keller, Jr. in 1990 and is headquartered in Irvine, CA.

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First Foundation reports solid Q4 earnings, eyes growth opportunities

First Foundation delivered solid financial performance in Q4 2022, emphasizing operational efficiencies and strategic growth initiatives.
While facing challenges in multifamily lending and regulatory uncertainties, the company is poised for modest loan portfolio growth and expense management.
Opportunities lie in commercial and industrial loans, trust business growth, and navigating the changing competitive landscape for market expansion.
With a focus on managing NIM, loan yields, and deposit costs, First Foundation aims to optimize profitability and enhance shareholder value.

First Foundation reports resilient Q1 performance amidst industry challenges

First Foundation navigated challenges from the financial services industry, stabilizing after significant deposit outflows.
Efforts to enhance operational efficiency and maintain liquidity position were key strengths for the bank.
Despite facing headwinds, the bank remains well-capitalized and focused on strategic growth opportunities.
The bank's focus on high underwriting standards and conservative lending practices drove loan originations primarily in commercial business loans.

First Foundation reports Q2 challenges but shows resilience and growth opportunities

First Foundation navigated challenges in Q2, reporting a net loss due to a goodwill impairment charge, but showed resilience in core operations.
Despite a decrease in revenues, the company maintained strong deposit growth, efficient loan portfolio management, and a focus on cost-saving initiatives.
Anticipated margin improvement, dividend increases, and operational optimizations present opportunities for growth and enhanced shareholder value in the future.
Scott Kavanaugh emphasized growth, efficiency, and client service, highlighting the company's adaptability and strategic focus in the current environment.

First Foundation reports solid Q3 earnings, eyes growth opportunities

First Foundation's Q3 performance reflected a focus on improving efficiency and credit quality. Despite challenges in deposit decline and loan outlook, the company's strengths in liquidity and digital banking present growth opportunities. Strategic initiatives to enhance core deposits and relationships are key for future success.

First Foundation's Q4 performance showed steady net income and EPS, with a focus on improving asset quality and diversifying the loan portfolio.
Challenges include a decline in customer service deposits and anticipated expense adjustments tied to revenue and profitability improvements.
Opportunities lie in enhancing client relationships, optimizing resources, and reducing rates paid on deposits for improved efficiency and profitability.
Overall, First Foundation remains optimistic for 2024, aiming to strengthen key financial metrics and capitalize on growth opportunities.

First Foundation maintains stability amidst market volatility and growth opportunities

First Foundation's Q1 2024 performance reflects stable financials with a focus on credit quality and relationship banking
Strengths lie in core deposit growth, asset diversification, and proactive risk management strategies
Challenges include market volatility impacting refinancing decisions and uncertainty in margin expansion
Opportunities exist in expanding C&I fundings, enhancing deposit gathering strategies, and growing net interest income

First Foundation (FFWM) reports robust Q2 earnings and growth opportunities

First Foundation exhibited strong financial performance with notable improvements in key metrics like revenue and deposit composition.
While facing challenges in expense management and funding diversification, the company has opportunities to optimize efficiency and revenue generation.
Overall, First Foundation's Q2 2024 performance reflects a solid foundation for growth and strategic advancement in the financial sector.

First Foundation manages noise, eyes stability through strategic shifts

First Foundation navigated a noisy quarter with a focus on asset quality and strategic shifts in loan portfolio composition.
Efforts to enhance liquidity and core deposits position the company for long-term success.
Despite challenges in fair value adjustments and cost management, opportunities in loan diversification and wealth management are evident.

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First Foundation, Inc. is a bank holding, which engages in the provision of a comprehensive platform of financial services to individuals, businesses, and organizations. It operates through the following segments: Banking, Wealth Management, and Other. The company was founded by John Avak Hakopian and Ulrich Emanuel Keller, Jr. in 1990 and is headquartered in Dallas, TX.

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today announced that Institutional Shareholder Services (“ISS”), a leading proxy advisory firm, has recommended that First Foundation stockholders vote for ALL of First Foundation's ten highly qualified director nominees at the upcoming Annual Meeting of.

Leading Independent Proxy Advisory Firm ISS Recommends that First Foundation Stockholders Vote FOR ALL Ten of the Company's Highly Qualified Director Nominees

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission (“SEC”) in connection with its 2023 Annual Meeting of Stockholders, which is scheduled to be held on Tuesday, June 27, 2023. The full presentation can be found he.

First Foundation Files Investor Presentation for 2023 Annual Meeting

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today released a letter it is mailing from the First Foundation Board of Directors to First Foundation's Stockholders in connection with its 2023 Annual Meeting of Stockholders, which is scheduled to be held on Tuesday, June 27, 2023. +++ Dear Fellow Stockholders, As ow.

First Foundation Highlights Board's Response to Economic Environment in Letter to Stockholders

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its 2023 Annual Meeting of Stockholders, which is scheduled to be held on June 27, 2023. In conjunction with the definitive proxy filing, First Foundation is maili.

First Foundation Files Definitive Proxy Statement and Issues Letter to Stockholders

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First Foundation Inc. (NASDAQ:FFWM ) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Scott Kavanaugh - President and CEO Chris Naghibi - COO Amy Djou - Interim CFO Conference Call Participants David Feaster - Raymond James Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Adam Butler - Piper Sandler Operator Greetings, and welcome to the First Foundation's First Quarter 2023 Earnings Conference Call.

First Foundation Inc. (FFWM) Q1 2023 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that the Company has reached an agreement with Driver Opportunity Partners I LP, an affiliate of Driver Management Company LLC (together, “Driver”) that will allow Driver's nominee, Allison Ball, to stand for election to the Board of Directors (the “Boar.

First Foundation Announces Litigation Settlement with Driver Management

While the top- and bottom-line numbers for First Foundation (FFWM) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

First Foundation (FFWM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

First Foundation (FFWM) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.55 per share a year ago.

First Foundation (FFWM) Q1 Earnings and Revenues Lag Estimates

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended March 31, 2023. The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx. At 8 a.m. PT / 11 a.m. ET, President and Chief Executive Officer,.

First Foundation Inc. Reports First Quarter 2023 Financial Results

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that Gabriel (“Gabe”) Vazquez has been appointed an independent director to the Company's Board of Directors (“Board”). Mr. Vazquez was concurrently appointed to the Board of Directors of First Foundation Bank. With the addition of Mr. Vazquez, the Board.

First Foundation Inc. Appoints Gabriel Vazquez to Board of Directors

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DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its first quarter 2023 earnings results before the market opens on Thursday, April 27. At 11:00AM ET / 8:00AM PT on that same day, President and Chief Executive Officer Scott F.

First Foundation Inc. Announces First Quarter 2023 Earnings Conference Call Details

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DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank today issued the following updated financial information to reiterate its strong financial position as a regional bank. First Foundation continues to have a resilient core business, with consolidated total assets valued at more than $13.9 billion as of 3/17/23.

First Foundation Provides Update on Financial Strength

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The unrealized bond losses in the portfolios of KeyCorp, Huntington, and First Foundation are much smaller than those that impacted SVB Financial. Even if these three banks had to sell their bonds now, it wouldn't wipe out their equity.

Why Shares of KeyCorp, Huntington Bancshares, and First Foundation Are Rising Today

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank today issued the following updated financial information to reiterate its strong financial position as a regional bank. First Foundation has a resilient core business, with First Foundation Bank managing assets valued at more than $13.2 billion.

First Foundation Bank Reaffirms the Strength of Its Financial Position in Wake of Industry Developments

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DALLAS--( BUSINESS WIRE )--First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today issued the following statement with respect to actions taken by Driver Opportunity Partners I LP, an affiliate of Driver Management Company LLC (together, “Driver”), as well as Driver's purported intent to nominate two director candidates to stand for election to the First Foundation Board of Directors (the “Board”) at the Company's 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”):

First Foundation Inc. Comments on Actions by Driver Management

First Foundation Inc. (NASDAQ:FFWM ) Q4 2022 Earnings Conference Call January 26, 2023 11:00 AM ET Company Participants Scott Kavanaugh - President & CEO Chris Naghibi - COO Joe DePillo - SVP & CFO Amy Djou - Interim CFO Conference Call Participants David Feaster - Raymond James Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Matthew Clark - Piper Sandler Operator Greetings, and welcome to First Foundation's Fourth Quarter and Full Year 2022 Earnings Conference Call.

First Foundation Inc. (FFWM) Q4 2022 Earnings Call Transcript

First Foundation (FFWM) delivered earnings and revenue surprises of 12.90% and 13.68%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

First Foundation (FFWM) Q4 Earnings Surpass Estimates

DALLAS--( BUSINESS WIRE )--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), reported today its financial results for the fourth quarter and year end December 31, 2022.

First Foundation Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

First Foundation (FFWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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