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.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its fourth quarter and full-year 2022 earnings results before the market opens on Thursday, January 26.

First Foundation Inc. Announces Fourth Quarter and Full-Year Conference Call Details

DALLAS--( BUSINESS WIRE )--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced Christopher M. Naghibi, who has served as Executive Vice President, Chief Credit Officer of the Bank since October 2014, will serve as Executive Vice President, Chief Operating Officer of the Bank, effective immediately. Additionally, Hugo Nuño, who has served as Chief Risk Officer since 2012, will serve as Executive Vice President, Chief Banking Officer, a newly created position, effective immediately.

First Foundation Inc. Announces Senior Leadership Appointments

DALLAS--( BUSINESS WIRE )--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that it has awarded $635,000 to 45 nonprofits across its markets through its ‘Supporting Our Communities' philanthropy initiative.

First Foundation Inc. Awards 45 Nonprofits through Its ‘Supporting Our Communities' Grant Program on GivingTuesday

DALLAS--( BUSINESS WIRE )--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that Chief Executive Officer, Scott F. Kavanaugh, has been named President of First Foundation Inc. and First Foundation Bank, effective immediately.

First Foundation Inc. Announces Senior Management Appointments

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that David DePillo, who has served as President of First Foundation Inc. and First Foundation Bank since 2015, will step down effective immediately.

First Foundation Inc. Announces Senior Management Transition

Credit Suisse

Horizon

Many banks reported third-quarter earnings results this week.

Why Shares of Credit Suisse, Horizon Bancorp, and First Foundation Are Falling This Week

First Foundation Inc. (NASDAQ:FFWM ) Q3 2022 Results Conference Call October 25, 2022 11:00 AM ET Company Participants Scott Kavanaugh - CEO and Vice Chairman Kevin Thompson - Executive VP and CFO David DePillo - President Conference Call Participants Matthew Clark - Piper Sandler Gary Tenner - D.A. Division Andrew Terrell - Stephens David Feaster - Raymond James Operator Greetings, and welcome to First Foundation's Third Quarter 2022 Earnings Conference Call.

First Foundation Inc. (FFWM) Q3 2022 Earnings Call Transcript

First Foundation (FFWM) delivered earnings and revenue surprises of -1.92% and 1.89%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

First Foundation (FFWM) Q3 Earnings Miss 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 quarter ended September 30, 2022.

First Foundation Inc. Reports Third Quarter 2022 Financial Results

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 third quarter 2022 earnings results before the market opens on Tuesday, October 25. At 11:00AM ET / 8:00AM PT on that same day, Chief Executive Officer Scott F. Kavanaugh and Chief Financial Officer Kevin Thompson and other executive members of F

First Foundation Inc. Announces Third Quarter 2022 Earnings Conference Call Details

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced it has been named to the Piper Sandler Sm-All Stars: Class of 2022, marking the second year the bank has received this recognition. The Piper Sandler Sm-All Stars list identifies 35 of the highest performing small-cap banks and thrifts in the country, with the objective of “uncovering the ne

First Foundation Inc. Named to Piper Sandler's Sm-All Stars: Class of 2022

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced it recently awarded grants totaling $40,000 to three North Texas nonprofit organizations in honor of North Texas Giving Day, the nation's largest regional giving event. One of the founding principles of First Foundation is to establish meaningful connections and relationships with clients, a

First Foundation Inc. Awards $40,000 in Grants to North Texas Nonprofits

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced two new leadership appointments in the trust and advisory divisions of the newly acquired Naples, Florida location. Chris Seebeck joins First Foundation Advisors as a Managing Director where he will assist high-net-worth clients in Collier County and throughout the greater Florida marketplac

First Foundation Inc. Expands Trust and Advisory Presence in Florida with New Leadership Appointments

DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today the appointment of Emari Hunn as Vice President, Branch Manager at the bank's Honolulu, Hawaiʻi location. Hunn will lead the Honolulu team as it grows its existing relationships in the region while also reaching a new base of clients seeking a full-service banking relationship. Hunn brings m

First Foundation Bank Appoints Emari Hunn Vice President, Branch Manager of First Foundation Bank of its Honolulu Location

First Foundation Inc. (NASDAQ:FFWM ) Q2 2022 Earnings Conference Call July 26, 2022 11:00 AM ET Company Participants Scott Kavanaugh - Chief Executive Officer Kevin Thompson - Chief Financial Officer David DePillo - President Conference Call Participants Matthew Clark - Piper Sandler Andrew Taro - Stephens David Feaster - Raymond James Steve Moss - B. Riley Securities Gary Tenner - D.A.

First Foundation Inc. (FFWM) CEO Scott Kavanaugh on Q2 2022 Results - Earnings Call Transcript

First Foundation (FFWM) delivered earnings and revenue surprises of 13.46% and 2.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

First Foundation (FFWM) Q2 Earnings and Revenues Beat 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 quarter ended June 30, 2022. 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, Chief Executive Officer Scott F. Kavana

First Foundation Inc. Reports Second Quarter 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.

Earnings Preview: First Foundation (FFWM) Q2 Earnings Expected to Decline

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 second quarter 2022 earnings results before the market opens on Tuesday, July 26. At 11:00AM ET / 8:00AM PT on that same day, Chief Executive Officer Scott F. Kavanaugh and Chief Financial Officer Kevin Thompson and other executive members of Fir

First Foundation Inc. Announces Second Quarter 2022 Earnings Conference Call Details

IRVINE, Calif.--(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 it has opened a new branch in Plano, Texas. Along with First Foundation's principal executive office in Dallas, the new branch located at 1601 Preston Road, Suite K in Plano, Texas expands First Foundation's presence in North Texas. The opening of this de novo lo

First Foundation Bank Opens New Branch in Plano, Texas

First Foundation Inc. (NASDAQ:FFWM ) Q1 2022 Earnings Conference Call April 26, 2022 11:00 AM ET Company Participants Scott Kavanaugh – Chief Executive Officer Kevin Thompson – Chief Financial Officer David DePillo – President Conference Call Participants David Feaster – Raymond James Matthew Clark – Piper Sandler Steve Moss – B. Riley Securities Gary Tenner – D.A.

First Foundation Inc. (FFWM) CEO Scott Kavanaugh on Q1 2022 Results - Earnings Call Transcript

First Foundation (FFWM) delivered earnings and revenue surprises of 7.84% and 0.83%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

First Foundation (FFWM) Tops Q1 Earnings and Revenue 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 quarter ended March 31, 2022. 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, Chief Executive Officer Scott F. Kavan

First Foundation Inc. Reports First Quarter 2022 Financial Results

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 2022 earnings results before the market opens on Tuesday, April 26. At 11:00AM ET / 8:00AM PT on that same day, Chief Executive Officer Scott F. Kavanaugh and Chief Financial Officer Kevin Thompson and other executive members of Fir

First Foundation Inc. Announces First Quarter 2022 Earnings Conference Call Details

First Foundation, Inc. (FFWM) CEO Scott Kavanaugh on Q4 2021 Results - Earnings Call Transcript

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