FFWM - First Foundation Inc Stock Price, Fair Value and News

6.27USD+0.36 (+6.09%)Delayed

Market Summary

USD6.27+0.36

Delayed

6.09%

FFWM Alerts

Big fall in earnings (Y/Y)

FFWM Stock Price

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FFWM RSI Chart

FFWM Valuation

Market Cap

354.3M

Price/Earnings (Trailing)

-1.71

Price/Sales (Trailing)

0.6

EV/EBITDA

-7.18

Price/Free Cashflow

-102.7

FFWM Price/Sales (Trailing)

FFWM Profitability

EBT Margin

-35.92%

Return on Equity

-22.26%

Return on Assets

-1.52%

Free Cashflow Yield

-0.97%

FFWM Fundamentals

FFWM Revenue

Revenue (TTM)

587.1M

Rev. Growth (Yr)

9.82%

Rev. Growth (Qtr)

2.63%

FFWM Earnings

Earnings (TTM)

-206.8M

Earnings Growth (Yr)

-90.67%

Earnings Growth (Qtr)

-68.88%

Breaking Down FFWM Revenue

Last 7 days

19.0%

Last 30 days

-1.1%

Last 90 days

-23.3%

Trailing 12 Months

45.1%

How does FFWM drawdown profile look like?

FFWM Financial Health

Debt/Equity

1.52

Debt/Cashflow

FFWM Investor Care

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

-3.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	587.1M	0	0	0
2023	461.7M	517.1M	553.1M	573.7M
2022	267.2M	295.8M	342.5M	403.9M
2021	240.7M	240.2M	240.5M	247.2M
2020	250.6M	249.2M	248.3M	243.9M
2019	224.5M	239.3M	243.9M	248.8M
2018	149.8M	164.6M	187.8M	207.3M
2017	109.3M	118.4M	127.3M	136.8M
2016	73.0M	82.6M	91.5M	100.6M
2015	49.9M	53.9M	58.7M	64.5M
2014	40.9M	41.4M	44.3M	47.4M
2013	33.2M	36.5M	38.1M	39.2M
2012	0	0	0	30.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of First Foundation Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 29, 2024	naghibi christopher m.	sold (taxes)	-4,528	7.93	-571	chief operating officer
Feb 29, 2024	naghibi christopher m.	acquired	11,054	7.93	1,394	chief operating officer
Feb 29, 2024	nuno hugo j.	acquired	8,913	7.93	1,124	chief banking officer
Feb 29, 2024	hakopian john	acquired	5,170	7.93	652	president, ffa
Feb 29, 2024	kavanaugh scott f	acquired	90,893	7.93	11,462	chief executive officer
Feb 29, 2024	nuno hugo j.	sold (taxes)	-3,647	7.93	-460	chief banking officer
Feb 29, 2024	keller ulrich e. jr	acquired	6,772	7.93	854	chairman
Feb 29, 2024	keller ulrich e. jr	sold (taxes)	-2,767	7.93	-349	chairman
Feb 29, 2024	kavanaugh scott f	sold (taxes)	-22,243	7.93	-2,805	chief executive officer
Feb 29, 2024	hakopian john	sold (taxes)	-1,530	7.93	-193	president, ffa

Which funds bought or sold FFWM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-42,729	38,883	-%
May 16, 2024	COMERICA BANK	unchanged	-	-230	815	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-42.41	-765,762	624,431	-%
May 15, 2024	BOOTHBAY FUND MANAGEMENT, LLC	sold off	-100	-5,604,670	-	-%
May 15, 2024	JANUS HENDERSON GROUP PLC	sold off	-100	-335,354	-	-%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-30.48	-3,632,440	4,302,740	-%
May 15, 2024	Strategic Value Bank Partners LLC	unchanged	-	-2,868,010	10,165,900	6.65%
May 15, 2024	Brevan Howard Capital Management LP	new	-	94,103	94,103	-%
May 15, 2024	Bayesian Capital Management, LP	sold off	-100	-172,972	-	-%
May 15, 2024	Squarepoint Ops LLC	added	95.78	372,352	1,078,900	-%

Are Funds Buying or Selling FFWM?

Are funds buying FFWM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FFWM

No. of Funds

FFWM Alerts

Big fall in earnings (Y/Y)

Unveiling First Foundation Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.01%	2,828,844	SC 13G
Feb 13, 2024	gmt capital corp	0.0%	0	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.7%	4,363,792	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 07, 2023	blackrock inc.	7.9%	4,457,965	SC 13G/A
Jan 19, 2023	gmt capital corp	2.0%	1,117,814	SC 13G
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 03, 2022	blackrock inc.	5.5%	3,126,278	SC 13G/A
Feb 08, 2021	fmr llc	-	0	SC 13G/A

Recent SEC filings of First Foundation Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	8-K/A	Current Report
Apr 25, 2024	8-K	Current Report
Apr 25, 2024	8-K	Current Report
Apr 18, 2024	ARS	ARS
Apr 18, 2024	DEF 14A	DEF 14A
Apr 18, 2024	DEFA14A	DEFA14A
Mar 21, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading

Peers (Alternatives to First Foundation Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

First Foundation Inc News

Latest updates

First Foundation Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.6%	150	147	145	145	137	126	109	90.00	79.00	65.00	62.00	61.00	59.00	58.00	62.00	62.00	62.00	62.00	63.00	63.00	61.00
EBITDA Margin	-458.0%	-0.04*	0.01*	0.11*	0.26*	0.92*	1.17*	1.38*	1.54*	1.57*	1.57*	1.57*	1.50*	-	-	-	-	-	-	-	-	-
Interest Expenses	-9.7%	38.00	42.00	52.00	49.00	59.00	75.00	88.00	82.00	74.00	62.00	59.00	58.00	54.00	52.00	52.00	48.00	45.00	44.00	43.00	42.00	41.00
Income Taxes	60.4%	-0.91	-2.30	-0.60	-0.30	2.00	4.00	11.00	13.00	12.00	8.00	15.00	10.00	9.00	10.00	12.00	7.00	5.00	7.00	7.00	5.00	5.00
Earnings Before Taxes	-147.2%	-0.12	0.00	2.00	-212	11.00	21.00	40.00	46.00	43.00	32.00	52.00	36.00	31.00	32.00	43.00	25.00	19.00	22.00	24.00	18.00	16.00
EBT Margin	-3.0%	-0.36*	-0.35*	-0.32*	-0.27*	0.25*	0.37*	0.47*	0.59*	0.61*	0.61*	0.63*	0.59*	-	-	-	-	-	-	-	-	-
Net Income	-68.9%	1.00	3.00	2.00	-212	8.00	17.00	29.00	33.00	31.00	24.00	37.00	26.00	22.00	22.00	31.00	18.00	13.00	15.00	17.00	12.00	11.00
Net Income Margin	-1.5%	-0.35*	-0.35*	-0.33*	-0.30*	0.19*	0.27*	0.34*	0.42*	0.44*	0.44*	0.45*	0.42*	-	-	-	-	-	-	-	-	-
Free Cashflow	116.2%	6.00	-36.54	11.00	16.00	7.00	0.00	29.00	28.00	39.00	26.00	29.00	7.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.9%	13,586	13,327	13,052	12,841	13,616	13,014	12,329	11,249	10,475	10,196	7,735	7,939	7,052	6,957	6,482	7,141	6,514	6,314	6,358	6,286	6,001
Cash Equivalents	19.7%	1,588	1,327	819	926	1,317	656	318	174	932	1,122	783	970	468	630	283	414	40.00	65.00	268	85.00	81.00
Net PPE	0.2%	40.00	40.00	39.00	37.00	38.00	36.00	37.00	37.00	36.00	38.00	8.00	8.00	8.00	8.00	8.00	8.00	9.00	8.00	9.00	9.00	9.00
Liabilities	2.1%	12,658	12,402	12,132	11,925	12,482	11,880	11,207	10,146	9,392	9,132	6,968	7,205	6,337	6,261	5,804	6,503	5,891	5,701	5,754	5,699	5,433
Long Term Debt	-100.0%	-	1,409	-	976	2,295	1,197	1,496	494	326	210	13.00	20.00	12.00	269	269	765	794	743	520	882	800
Shareholder's Equity	0.4%	929	925	919	916	1,134	1,134	1,122	1,103	1,083	1,064	767	734	714	696	678	639	623	614	604	587	568
Retained Earnings	0.1%	219	219	217	216	429	427	416	393	366	341	321	288	266	248	228	201	186	176	163	148	137
Additional Paid-In Capital	0.1%	721	721	720	720	719	720	720	719	721	721	437	435	434	434	433	433	432	434	433	433	433
Shares Outstanding	0.1%	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	45.00	45.00	45.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	224	-	-	-	1,200	-	-	-	888	-	-	-	630	-	-	-	522	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	120.8%	7,211	-34,633	15,045	15,929	9,479	813	29,881	30,021	40,339	26,795	29,486	8,035	32,619	17,050	22,314	27,194	884	13,291	23,310	12,644	11,192
Share Based Compensation	6.0%	605	571	579	518	32.00	697	733	833	1,204	554	573	634	995	415	465	428	767	264	347	297	692
Cashflow From Investing	-96.5%	8,413	241,806	-308,829	157,929	43,973	-341,186	-893,224	-1,528,506	-483,366	500,746	56,546	-371,590	-265,075	-116,459	540,711	-237,864	-211,284	-157,747	117,482	-263,362	-123,412
Cashflow From Financing	-18.3%	245,783	300,955	186,204	-564,906	607,183	679,049	1,007,637	740,299	252,980	-189,160	-272,302	865,175	70,775	446,133	-694,221	584,490	185,372	-58,603	42,657	255,022	125,601
Dividend Payments	-100.0%	-	564	1,129	1,128	6,199	6,203	6,203	6,216	6,208	4,084	4,039	4,027	4,023	3,124	3,124	3,124	3,132	2,233	2,232	2,232	2,230
Buy Backs	7000.0%	142	2.00	2.00	-	534	1,046	-	2,457	1,120	534	-	244	944	-	-	-	2,824	-	-1.00	-	-

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FFWM Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans	$ 118,444	$ 120,643
Securities	19,774	6,891
FHLB Stock, fed funds sold and interest-bearing deposits	12,235	9,466
Total interest income	150,453	137,000
Interest expense:
Deposits	94,492	62,140
Borrowings	15,870	14,415
Subordinated debt	1,705	1,690
Total interest expense	112,067	78,245
Net interest income	38,386	58,755
Provision for credit losses	577	417
Net interest income after provision for credit losses	37,809	58,338
Noninterest income:
Asset management, consulting and other fees	$ 8,614	$ 8,796
Type of Revenue [Extensible List]	us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember	us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember
Gain on sale of loans	$ 263	$ 0
Gain on sale of securities available-for-sale	221
Capital market activities	836
Gain on sale of REO	679
Other income	2,070	2,902
Total noninterest income	12,683	11,698
Noninterest expense:
Compensation and benefits	19,407	25,286
Occupancy and depreciation	9,087	8,897
Professional services and marketing costs	3,390	4,295
Customer service costs	10,738	16,715
Other expenses	7,987	4,147
Total noninterest expense	50,609	59,340
(Loss) income before income taxes	(117)	10,696
Income tax (benefit) expense	(910)	2,200
Net income	$ 793	$ 8,496
Net income per share:
Basic (in dollars per share)	$ 0.01	$ 0.15
Diluted (in dollars per share)	$ 0.01	$ 0.15
Shares used in computation:
Basic (in shares)	56,484,655	56,376,669
Diluted (in shares)	56,503,875	56,410,416

FFWM Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 1,588,036	$ 1,326,629
Securities available-for-sale ("AFS"), at fair value (amortized cost of $828,568 and $731,489 at March 31, 2024 and December 31, 2023; allowance for credit losses of $7,911 and $8,220 at March 31, 2024 and December 31, 2023)	797,215	703,226
Securities held-to-maturity ("HTM")	775,702	789,578
Loans held for investment	10,086,346	10,177,802
Allowance for credit losses - loans	(29,295)	(29,205)
Net loans	10,057,051	10,148,597
Investment in FHLB stock	36,668	24,613
Accrued interest receivable	53,446	54,163
Deferred taxes	33,565	29,142
Premises and equipment, net	40,019	39,925
Real estate owned ("REO")	6,210	8,381
Bank owned life insurance	48,978	48,653
Core deposit intangibles	4,578	4,948
Derivative assets	6,035
Other assets	138,772	149,393
Total Assets	13,586,275	13,327,248
Liabilities:
Deposits	10,638,970	10,688,932
Borrowings	1,705,493	1,409,056
Subordinated debt	173,413	173,397
Accounts payable and other liabilities	139,665	130,520
Total Liabilities	12,657,541	12,401,905
Shareholders' Equity
Common Stock	57	56
Additional paid-in-capital	721,362	720,899
Retained earnings	218,802	218,575
Accumulated other comprehensive loss	(11,487)	(14,187)
Total Shareholders' Equity	928,734	925,343
Total Liabilities and Shareholders' Equity	$ 13,586,275	$ 13,327,248

About First Foundation Inc

First Foundation Inc., through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It 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 certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits. The company also provides various specialized services comprising online and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, it offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, the company provides support services, including the processing and transmission of financial and economic data for charitable organizations. It operates through a network of branch offices and loan production offices in California, Florida, Nevada, Texas, and Hawaii. The company was founded in 1985 and is headquartered in Dallas, Texas.

CEO	Mr. Scott Farris Kavanaugh
WEBSITE	firstfoundationinc.com
INDUSTRY	Banks Diversified
EMPLOYEES	572

First Foundation Inc Frequently Asked Questions

What is the ticker symbol for First Foundation Inc? What does FFWM stand for in stocks?

FFWM is the stock ticker symbol of First Foundation Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Foundation Inc (FFWM)?

As of Fri May 17 2024, market cap of First Foundation Inc is 354.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FFWM stock?

You can check FFWM's fair value in chart for subscribers.

What is the fair value of FFWM stock?

You can check FFWM's fair value in chart for subscribers. The fair value of First Foundation Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Foundation Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FFWM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Foundation Inc a good stock to buy?

The fair value guage provides a quick view whether FFWM is over valued or under valued. Whether First Foundation Inc is cheap or expensive depends on the assumptions which impact First Foundation Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FFWM.

What is First Foundation Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FFWM's PE ratio (Price to Earnings) is -1.71 and Price to Sales (PS) ratio is 0.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FFWM PE ratio will change depending on the future growth rate expectations of investors.