First Foundation Inc. (FFWM) 10-Year Financial Performance & Capital Metrics

FFWM • • Banking & Credit

Financial ServicesRegional BanksCommercial & Business BankingCommercial & Corporate Banking

AboutFirst Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. 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 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. It also provides various specialized services comprising trust services, internet 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, the company 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, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company operates through a network of 28 branch offices and 3 loan production offices in California, Nevada, Texas, and Hawaii. First Foundation Inc. was founded in 1985 and is headquartered in Dallas, Texas.Show more

Net Interest Income $183M -9.7%
Total Revenue $482M -11.8%
Net Income -$92M +53.6%
Return on Equity -9.34% +51.7%
Net Interest Margin 1.44% -4.8%
Efficiency Ratio 35.28% -48.7%
ROA -0.71% +52.9%
Equity / Assets 8.33% +20.0%
Book Value per Share 16.06 -2.1%
Tangible BV/Share 16.00 -1.9%
Debt/Equity 1.52 -11.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 35.3% efficiency ratio
✓Trading near 52-week high
✓Trading at only 0.4x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Weak NIM of 1.4%
✗Shares diluted 16.3% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y20.9%

5Y12.05%

3Y15.95%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-1228.04%

EPS CAGR

10Y-

5Y-

3Y-

TTM-1017.83%

ROCE

10Y Avg4%

5Y Avg3.77%

3Y Avg-1.64%

Latest-5.08%

Peer Comparison

Commercial & Corporate Banking

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TCBITexas Capital Bancshares, Inc.	4.49B	98.37	76.85	-1.72%	4.4%	7.92%	9.27%	0.46
BANCBanc of California, Inc.	3.15B	20.87	40.13	24.65%	6.78%	6.01%	2.04%	0.67
DBDeutsche Bank AG	74.26B	38.87	28.37	11.78%	5.07%	7.18%		1.91
HTHHilltop Holdings Inc.	2.2B	35.83	20.59	2.5%	7.35%	7.2%	12.14%	0.61
SFBSServisFirst Bancshares, Inc.	4.28B	78.31	18.82	17.89%	23.26%	14.33%	5.8%	1.27
CMAComerica Incorporated	11.69B	91.51	18.23	-4.95%	13.98%	10.57%	3.83%	1.02
BOKFBOK Financial Corporation	8.08B	127.69	15.69	10.4%	15.57%	8.91%	15.59%	0.80
CNOBConnectOne Bancorp, Inc.	1.37B	27.26	15.49	6.06%	13.8%	3.98%	4.15%	0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	58.19M	89.45M	113.62M	155.61M	169.95M	196.64M	233.28M	318.69M	202.31M	182.64M
NII Growth %	0.36%	0.54%	0.27%	0.37%	0.09%	0.16%	0.19%	0.37%	-0.37%	-0.1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	64.47M	100.64M	136.8M	207.31M	248.76M	243.89M	247.22M	403.88M	573.69M	611M
Interest Expense	6.28M	11.19M	23.18M	51.7M	78.81M	47.25M	13.93M	85.19M	371.39M	428.35M
Loan Loss Provision	2.67M	4.68M	2.76M	4.22M	2.64M	6.75M	3.87M	532K	-482K	20.7M
Non-Interest Income+	28.77M	32.88M	31.68M	20.69M	23.92M	47.2M	61.68M	10.06M	-27.45M	-129.46M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	93.24M	133.52M	168.48M	228M	272.68M	291.09M	308.9M	413.93M	546.24M	481.54M
Revenue Growth %	0.29%	0.43%	0.26%	0.35%	0.2%	0.07%	0.06%	0.34%	0.32%	-0.12%
Non-Interest Expense	61.46M	79.31M	91.94M	112M	111.74M	118.33M	139.31M	178.41M	375.4M	169.87M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	22.83M	38.33M	50.6M	60.09M	79.5M	118.77M	151.78M	149.8M	-200.06M	-137.38M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.54%	0.68%	0.32%	0.19%	0.32%	0.49%	0.28%	-0.01%	-2.34%	0.31%
Pretax Income+	22.83M	38.33M	50.6M	60.09M	79.5M	118.77M	151.78M	149.8M	-200.06M	-137.38M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	9.45M	15.03M	23.02M	17.13M	23.26M	34.4M	42.27M	39.29M	-1M	-44.97M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	13.38M	23.3M	27.58M	42.96M	56.24M	84.37M	109.51M	110.51M	-199.06M	-92.41M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.59%	0.74%	0.18%	0.56%	0.31%	0.5%	0.3%	0.01%	-2.8%	0.54%
Net Income (Continuing)	13.38M	23.3M	27.58M	42.96M	56.24M	84.37M	109.51M	110.51M	-199.06M	-92.41M
EPS (Diluted)+	0.58	0.70	0.78	1.01	1.25	1.88	2.41	1.96	-3.53	-1.41
EPS Growth %	0.14%	0.21%	0.11%	0.29%	0.24%	0.5%	0.28%	-0.19%	-2.8%	0.6%
EPS (Basic)	0.60	0.72	0.80	1.02	1.26	1.89	2.42	1.96	-3.53	-1.41
Diluted Shares Outstanding	23.15M	33.47M	35.33M	42.57M	44.91M	44.9M	44.9M	56.49M	56.43M	65.6M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	215.75M	597.95M	120.39M	67.31M	65.39M	629.71M	1.12B	656.49M	1.33B	1.02B
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	2.32B	3.3B	4.32B	5.59B	6.04B	6.09B	8.57B	11.78B	11.64B	11.25B
Investments Growth %	0.79%	0.42%	0.31%	0.29%	0.08%	0.01%	0.41%	0.38%	-0.01%	-0.03%
Long-Term Investments	1.75B	2.79B	3.8B	4.78B	5.03B	5.29B	7.37B	11.56B	10.94B	9.94B
Accounts Receivables	0	0	0	0	0	0	0	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	27.28M	0	0	0	0	215.25M	0	0
Intangible Assets	0	0	6.3M	0	0	95.3M	222.13M	6.58M	4.95M	3.56M
PP&E (Net)	2.65M	6.73M	6.58M	9.14M	8.36M	8.01M	37.92M	36.14M	39.92M	35.81M
Other Assets	36.35M	50.91M	49.42M	59.34M	87.59M	123.11M	227.8M	242.99M	231.04M	205.21M
Total Current Assets	780.88M	1.11B	639.76M	876.88M	1.08B	1.44B	2.31B	934.01M	2.09B	2.38B
Total Non-Current Assets	1.81B	2.87B	3.9B	4.96B	5.23B	5.52B	7.88B	12.08B	11.24B	10.26B
Total Assets+	2.59B	3.98B	4.54B	5.84B	6.31B	6.96B	10.2B	13.01B	13.33B	12.65B
Asset Growth %	0.91%	0.53%	0.14%	0.29%	0.08%	0.1%	0.47%	0.28%	0.02%	-0.05%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	-0.02%	-0.01%
Accounts Payable	0	14.34M	24.71M	40.26M	66.42M	79.02M	110.07M	147.25M	0	0
Total Debt+	796M	1.25B	678M	708M	743M	269M	210.13M	1.37B	1.58B	1.6B
Net Debt	580.25M	652.05M	557.61M	640.69M	677.61M	-360.71M	-911.63M	713.44M	255.82M	582.7M
Long-Term Debt	796M	1.25B	678M	708M	743M	269M	210.13M	1.37B	1.58B	1.6B
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	14.67M	0	0	0	0	0	0	0	130.52M	122.8M
Total Current Liabilities	1.52B	2.44B	3.47B	4.57B	4.96B	5.99B	8.92B	10.51B	10.69B	9.87B
Total Non-Current Liabilities	810.67M	1.25B	678M	708M	743M	269M	210.13M	1.37B	1.71B	1.72B
Total Liabilities	2.33B	3.69B	4.15B	5.28B	5.7B	6.26B	9.13B	11.88B	12.4B	11.59B
Total Equity+	259.74M	284.26M	394.95M	559.18M	613.87M	695.71M	1.06B	1.13B	925.34M	1.05B
Equity Growth %	1.61%	0.09%	0.39%	0.42%	0.1%	0.13%	0.53%	0.07%	-0.18%	0.14%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.07%	0.09%	0.08%	0.09%	0.1%	0.13%	0.12%	0.1%	-0.19%	-0.09%
Book Value per Share	11.22	8.49	11.18	13.14	13.67	15.49	23.70	20.08	16.40	16.06
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	16K	16K	38K	44K	45K	45K	56K	56K	56K	82K
Additional Paid-in Capital	227.26M	232.43M	314.5M	431.83M	433.77M	433.94M	720.74M	719.61M	720.9M	849.51M
Retained Earnings	33.76M	57.06M	85.5M	128.46M	175.77M	247.64M	340.98M	426.66M	218.57M	125.04M
Accumulated OCI	-1.3M	-5.25M	-5.09M	-1.15M	4.28M	14.09M	2.27M	-11.94M	-14.19M	-8.91M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	87.65M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	13.87M	19.77M	37.87M	50.98M	60.44M	67.44M	96.94M	101.49M	7.92M	-8.78M
Operating CF Growth %	0.48%	0.43%	0.92%	0.35%	0.19%	0.12%	0.44%	0.05%	-0.92%	-2.11%
Net Income	13.38M	23.3M	27.58M	42.96M	56.24M	84.37M	109.51M	110.51M	-199.06M	-92.41M
Depreciation & Amortization	1.53M	2.28M	3.33M	5.87M	6.61M	6.63M	6.84M	8.71M	8.2M	7.97M
Deferred Taxes	-1.87M	1.34M	4.51M	1.19M	-73K	-1.58M	-1.58M	487K	-3.61M	-49.77M
Other Non-Cash Items	-874K	-5.64M	-4.96M	-2.85M	-8.54M	2.25M	-4.76M	1.03M	207.4M	120.54M
Working Capital Changes	1.09M	-2.41M	5.57M	1.18M	4.58M	-26.31M	-15.84M	-22.71M	-6.68M	2.92M
Cash from Investing+	-916.47M	-1B	-568.98M	-679.55M	-427.04M	-24.9M	-79.37M	-3.25B	132.78M	287.36M
Purchase of Investments	-446.65M	-145.61M	-29.34M	-365.52M	-577.8M	-56.63M	-454.79M	-172.65M	-667.47M	-1.87B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	38.08M	0	91.02M	47.58M	0	0	1.15B	0	0	0
Other Investing	-528.97M	-1.04B	-764.19M	-450.08M	-226.48M	-235.88M	-1.04B	-3.32B	541.72M	804.98M
Cash from Financing+	1.09B	1.36B	53.56M	575.49M	364.68M	521.77M	474.49M	2.68B	529.44M	-589.08M
Dividends Paid	0	0	0	0	-8.93M	-12.5M	-16.17M	-24.83M	-9.02M	-1.13M
Share Repurchases	0	0	0	-497K	-23K	-2.82M	-1.72M	-4.62M	-538K	-149K
Stock Issued	136.16M	4.27M	28.39M	13.7M	334K	915K	0	0	0	35.32M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	1000K	-1000K	-1000K	1000K	1000K	1000K
Other Financing	439.38M	904.62M	605.17M	611.86M	338.63M	1.01B	730.3M	1.56B	218.94M	-816.65M
Net Change in Cash+	186.06M	382.2M	-477.55M	-53.08M	-1.93M	564.32M	492.05M	-465.26M	670.13M	-310.5M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	29.69M	215.75M	597.95M	120.39M	67.31M	65.39M	629.71M	1.12B	656.49M	1.33B
Cash at End	215.75M	597.95M	120.39M	67.31M	65.39M	629.71M	1.12B	656.49M	1.33B	1.02B
Interest Paid	6.08M	10.7M	21.7M	46.04M	75.15M	56.99M	15.27M	75.67M	0	400.64M
Income Taxes Paid	10.05M	17.16M	14.65M	16.65M	23.62M	31.31M	39.51M	41.01M	0	177K
Free Cash Flow+	12.12M	13.84M	35.64M	48.27M	58.21M	64.58M	93.73M	96.91M	-287K	-11.51M
FCF Growth %	0.32%	0.14%	1.58%	0.35%	0.21%	0.11%	0.45%	0.03%	-1%	-39.1%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	7.45%	8.57%	8.12%	9%	9.59%	12.88%	12.45%	10.05%	-19.33%	-9.34%
Return on Assets (ROA)	0.68%	0.71%	0.65%	0.83%	0.93%	1.27%	1.28%	0.95%	-1.51%	-0.71%
Net Interest Margin	2.24%	2.25%	2.5%	2.66%	2.69%	2.83%	2.29%	2.45%	1.52%	1.44%
Efficiency Ratio	65.91%	59.4%	54.57%	49.12%	40.98%	40.65%	45.1%	43.1%	68.72%	35.28%
Equity / Assets	10.02%	7.15%	8.7%	9.57%	9.72%	10%	10.44%	8.72%	6.94%	8.33%
Book Value / Share	11.22	8.49	11.18	13.14	13.67	15.49	23.7	20.08	16.4	16.06
NII Growth	35.91%	53.72%	27.02%	36.96%	9.22%	15.7%	18.63%	36.61%	-36.52%	-9.72%
Dividend Payout	-	-	-	-	15.87%	14.82%	14.77%	22.47%	-	-

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Wealth Management	23.07M	23.41M	28.45M	29M	28.16M	29.46M
Wealth Management Growth	-	1.50%	21.50%	1.93%	-2.87%	4.61%
Trust Fees	5.12M	5.64M	7.16M	9.39M	6.75M	6.46M
Trust Fees Growth	-	10.17%	26.86%	31.18%	-28.11%	-4.37%
Consulting Fees	467K	407K	414K	396K	354K	309K
Consulting Fees Growth	-	-12.85%	1.72%	-4.35%	-10.61%	-12.71%

Frequently Asked Questions

Growth & Financials

First Foundation Inc. (FFWM) saw revenue decline by 11.8% over the past year.

First Foundation Inc. (FFWM) reported a net loss of $97.1M for fiscal year 2024.

Dividend & Returns

Yes, First Foundation Inc. (FFWM) pays a dividend with a yield of 0.27%. This makes it attractive for income-focused investors.

First Foundation Inc. (FFWM) has a return on equity (ROE) of -9.3%. Negative ROE indicates the company is unprofitable.

Industry Metrics

First Foundation Inc. (FFWM) has a net interest margin (NIM) of 1.4%. NIM has been under pressure due to interest rate environment.

First Foundation Inc. (FFWM) has an efficiency ratio of 35.3%. This is excellent, indicating strong cost control.

US Stock Screener

...

First Foundation Inc. (FFWM) 10-Year Financial Performance & Capital Metrics

FFWM • • Banking & Credit

Financial ServicesRegional BanksCommercial & Business BankingCommercial & Corporate Banking

Net Interest Income $183M -9.7%
Total Revenue $482M -11.8%
Net Income -$92M +53.6%
Return on Equity -9.34% +51.7%
Net Interest Margin 1.44% -4.8%
Efficiency Ratio 35.28% -48.7%
ROA -0.71% +52.9%
Equity / Assets 8.33% +20.0%
Book Value per Share 16.06 -2.1%
Tangible BV/Share 16.00 -1.9%
Debt/Equity 1.52 -11.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 35.3% efficiency ratio
✓Trading near 52-week high
✓Trading at only 0.4x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Weak NIM of 1.4%
✗Shares diluted 16.3% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y20.9%

5Y12.05%

3Y15.95%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-1228.04%

EPS CAGR

10Y-

5Y-

3Y-

TTM-1017.83%

ROCE

10Y Avg4%

5Y Avg3.77%

3Y Avg-1.64%

Latest-5.08%

Peer Comparison

Commercial & Corporate Banking

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TCBITexas Capital Bancshares, Inc.	4.49B	98.37	76.85	-1.72%	4.4%	7.92%	9.27%	0.46
BANCBanc of California, Inc.	3.15B	20.87	40.13	24.65%	6.78%	6.01%	2.04%	0.67
DBDeutsche Bank AG	74.26B	38.87	28.37	11.78%	5.07%	7.18%		1.91
HTHHilltop Holdings Inc.	2.2B	35.83	20.59	2.5%	7.35%	7.2%	12.14%	0.61
SFBSServisFirst Bancshares, Inc.	4.28B	78.31	18.82	17.89%	23.26%	14.33%	5.8%	1.27
CMAComerica Incorporated	11.69B	91.51	18.23	-4.95%	13.98%	10.57%	3.83%	1.02
BOKFBOK Financial Corporation	8.08B	127.69	15.69	10.4%	15.57%	8.91%	15.59%	0.80
CNOBConnectOne Bancorp, Inc.	1.37B	27.26	15.49	6.06%	13.8%	3.98%	4.15%	0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	58.19M	89.45M	113.62M	155.61M	169.95M	196.64M	233.28M	318.69M	202.31M	182.64M
NII Growth %	0.36%	0.54%	0.27%	0.37%	0.09%	0.16%	0.19%	0.37%	-0.37%	-0.1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	64.47M	100.64M	136.8M	207.31M	248.76M	243.89M	247.22M	403.88M	573.69M	611M
Interest Expense	6.28M	11.19M	23.18M	51.7M	78.81M	47.25M	13.93M	85.19M	371.39M	428.35M
Loan Loss Provision	2.67M	4.68M	2.76M	4.22M	2.64M	6.75M	3.87M	532K	-482K	20.7M
Non-Interest Income+	28.77M	32.88M	31.68M	20.69M	23.92M	47.2M	61.68M	10.06M	-27.45M	-129.46M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	93.24M	133.52M	168.48M	228M	272.68M	291.09M	308.9M	413.93M	546.24M	481.54M
Revenue Growth %	0.29%	0.43%	0.26%	0.35%	0.2%	0.07%	0.06%	0.34%	0.32%	-0.12%
Non-Interest Expense	61.46M	79.31M	91.94M	112M	111.74M	118.33M	139.31M	178.41M	375.4M	169.87M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	22.83M	38.33M	50.6M	60.09M	79.5M	118.77M	151.78M	149.8M	-200.06M	-137.38M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.54%	0.68%	0.32%	0.19%	0.32%	0.49%	0.28%	-0.01%	-2.34%	0.31%
Pretax Income+	22.83M	38.33M	50.6M	60.09M	79.5M	118.77M	151.78M	149.8M	-200.06M	-137.38M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	9.45M	15.03M	23.02M	17.13M	23.26M	34.4M	42.27M	39.29M	-1M	-44.97M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	13.38M	23.3M	27.58M	42.96M	56.24M	84.37M	109.51M	110.51M	-199.06M	-92.41M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.59%	0.74%	0.18%	0.56%	0.31%	0.5%	0.3%	0.01%	-2.8%	0.54%
Net Income (Continuing)	13.38M	23.3M	27.58M	42.96M	56.24M	84.37M	109.51M	110.51M	-199.06M	-92.41M
EPS (Diluted)+	0.58	0.70	0.78	1.01	1.25	1.88	2.41	1.96	-3.53	-1.41
EPS Growth %	0.14%	0.21%	0.11%	0.29%	0.24%	0.5%	0.28%	-0.19%	-2.8%	0.6%
EPS (Basic)	0.60	0.72	0.80	1.02	1.26	1.89	2.42	1.96	-3.53	-1.41
Diluted Shares Outstanding	23.15M	33.47M	35.33M	42.57M	44.91M	44.9M	44.9M	56.49M	56.43M	65.6M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	215.75M	597.95M	120.39M	67.31M	65.39M	629.71M	1.12B	656.49M	1.33B	1.02B
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	2.32B	3.3B	4.32B	5.59B	6.04B	6.09B	8.57B	11.78B	11.64B	11.25B
Investments Growth %	0.79%	0.42%	0.31%	0.29%	0.08%	0.01%	0.41%	0.38%	-0.01%	-0.03%
Long-Term Investments	1.75B	2.79B	3.8B	4.78B	5.03B	5.29B	7.37B	11.56B	10.94B	9.94B
Accounts Receivables	0	0	0	0	0	0	0	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	27.28M	0	0	0	0	215.25M	0	0
Intangible Assets	0	0	6.3M	0	0	95.3M	222.13M	6.58M	4.95M	3.56M
PP&E (Net)	2.65M	6.73M	6.58M	9.14M	8.36M	8.01M	37.92M	36.14M	39.92M	35.81M
Other Assets	36.35M	50.91M	49.42M	59.34M	87.59M	123.11M	227.8M	242.99M	231.04M	205.21M
Total Current Assets	780.88M	1.11B	639.76M	876.88M	1.08B	1.44B	2.31B	934.01M	2.09B	2.38B
Total Non-Current Assets	1.81B	2.87B	3.9B	4.96B	5.23B	5.52B	7.88B	12.08B	11.24B	10.26B
Total Assets+	2.59B	3.98B	4.54B	5.84B	6.31B	6.96B	10.2B	13.01B	13.33B	12.65B
Asset Growth %	0.91%	0.53%	0.14%	0.29%	0.08%	0.1%	0.47%	0.28%	0.02%	-0.05%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	-0.02%	-0.01%
Accounts Payable	0	14.34M	24.71M	40.26M	66.42M	79.02M	110.07M	147.25M	0	0
Total Debt+	796M	1.25B	678M	708M	743M	269M	210.13M	1.37B	1.58B	1.6B
Net Debt	580.25M	652.05M	557.61M	640.69M	677.61M	-360.71M	-911.63M	713.44M	255.82M	582.7M
Long-Term Debt	796M	1.25B	678M	708M	743M	269M	210.13M	1.37B	1.58B	1.6B
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Liabilities	14.67M	0	0	0	0	0	0	0	130.52M	122.8M
Total Current Liabilities	1.52B	2.44B	3.47B	4.57B	4.96B	5.99B	8.92B	10.51B	10.69B	9.87B
Total Non-Current Liabilities	810.67M	1.25B	678M	708M	743M	269M	210.13M	1.37B	1.71B	1.72B
Total Liabilities	2.33B	3.69B	4.15B	5.28B	5.7B	6.26B	9.13B	11.88B	12.4B	11.59B
Total Equity+	259.74M	284.26M	394.95M	559.18M	613.87M	695.71M	1.06B	1.13B	925.34M	1.05B
Equity Growth %	1.61%	0.09%	0.39%	0.42%	0.1%	0.13%	0.53%	0.07%	-0.18%	0.14%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.07%	0.09%	0.08%	0.09%	0.1%	0.13%	0.12%	0.1%	-0.19%	-0.09%
Book Value per Share	11.22	8.49	11.18	13.14	13.67	15.49	23.70	20.08	16.40	16.06
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	16K	16K	38K	44K	45K	45K	56K	56K	56K	82K
Additional Paid-in Capital	227.26M	232.43M	314.5M	431.83M	433.77M	433.94M	720.74M	719.61M	720.9M	849.51M
Retained Earnings	33.76M	57.06M	85.5M	128.46M	175.77M	247.64M	340.98M	426.66M	218.57M	125.04M
Accumulated OCI	-1.3M	-5.25M	-5.09M	-1.15M	4.28M	14.09M	2.27M	-11.94M	-14.19M	-8.91M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	87.65M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	13.87M	19.77M	37.87M	50.98M	60.44M	67.44M	96.94M	101.49M	7.92M	-8.78M
Operating CF Growth %	0.48%	0.43%	0.92%	0.35%	0.19%	0.12%	0.44%	0.05%	-0.92%	-2.11%
Net Income	13.38M	23.3M	27.58M	42.96M	56.24M	84.37M	109.51M	110.51M	-199.06M	-92.41M
Depreciation & Amortization	1.53M	2.28M	3.33M	5.87M	6.61M	6.63M	6.84M	8.71M	8.2M	7.97M
Deferred Taxes	-1.87M	1.34M	4.51M	1.19M	-73K	-1.58M	-1.58M	487K	-3.61M	-49.77M
Other Non-Cash Items	-874K	-5.64M	-4.96M	-2.85M	-8.54M	2.25M	-4.76M	1.03M	207.4M	120.54M
Working Capital Changes	1.09M	-2.41M	5.57M	1.18M	4.58M	-26.31M	-15.84M	-22.71M	-6.68M	2.92M
Cash from Investing+	-916.47M	-1B	-568.98M	-679.55M	-427.04M	-24.9M	-79.37M	-3.25B	132.78M	287.36M
Purchase of Investments	-446.65M	-145.61M	-29.34M	-365.52M	-577.8M	-56.63M	-454.79M	-172.65M	-667.47M	-1.87B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	38.08M	0	91.02M	47.58M	0	0	1.15B	0	0	0
Other Investing	-528.97M	-1.04B	-764.19M	-450.08M	-226.48M	-235.88M	-1.04B	-3.32B	541.72M	804.98M
Cash from Financing+	1.09B	1.36B	53.56M	575.49M	364.68M	521.77M	474.49M	2.68B	529.44M	-589.08M
Dividends Paid	0	0	0	0	-8.93M	-12.5M	-16.17M	-24.83M	-9.02M	-1.13M
Share Repurchases	0	0	0	-497K	-23K	-2.82M	-1.72M	-4.62M	-538K	-149K
Stock Issued	136.16M	4.27M	28.39M	13.7M	334K	915K	0	0	0	35.32M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	1000K	-1000K	-1000K	1000K	1000K	1000K
Other Financing	439.38M	904.62M	605.17M	611.86M	338.63M	1.01B	730.3M	1.56B	218.94M	-816.65M
Net Change in Cash+	186.06M	382.2M	-477.55M	-53.08M	-1.93M	564.32M	492.05M	-465.26M	670.13M	-310.5M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	29.69M	215.75M	597.95M	120.39M	67.31M	65.39M	629.71M	1.12B	656.49M	1.33B
Cash at End	215.75M	597.95M	120.39M	67.31M	65.39M	629.71M	1.12B	656.49M	1.33B	1.02B
Interest Paid	6.08M	10.7M	21.7M	46.04M	75.15M	56.99M	15.27M	75.67M	0	400.64M
Income Taxes Paid	10.05M	17.16M	14.65M	16.65M	23.62M	31.31M	39.51M	41.01M	0	177K
Free Cash Flow+	12.12M	13.84M	35.64M	48.27M	58.21M	64.58M	93.73M	96.91M	-287K	-11.51M
FCF Growth %	0.32%	0.14%	1.58%	0.35%	0.21%	0.11%	0.45%	0.03%	-1%	-39.1%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	7.45%	8.57%	8.12%	9%	9.59%	12.88%	12.45%	10.05%	-19.33%	-9.34%
Return on Assets (ROA)	0.68%	0.71%	0.65%	0.83%	0.93%	1.27%	1.28%	0.95%	-1.51%	-0.71%
Net Interest Margin	2.24%	2.25%	2.5%	2.66%	2.69%	2.83%	2.29%	2.45%	1.52%	1.44%
Efficiency Ratio	65.91%	59.4%	54.57%	49.12%	40.98%	40.65%	45.1%	43.1%	68.72%	35.28%
Equity / Assets	10.02%	7.15%	8.7%	9.57%	9.72%	10%	10.44%	8.72%	6.94%	8.33%
Book Value / Share	11.22	8.49	11.18	13.14	13.67	15.49	23.7	20.08	16.4	16.06
NII Growth	35.91%	53.72%	27.02%	36.96%	9.22%	15.7%	18.63%	36.61%	-36.52%	-9.72%
Dividend Payout	-	-	-	-	15.87%	14.82%	14.77%	22.47%	-	-

Revenue by Segment

	2019	2020	2021	2022	2023	2024
Wealth Management	23.07M	23.41M	28.45M	29M	28.16M	29.46M
Wealth Management Growth	-	1.50%	21.50%	1.93%	-2.87%	4.61%
Trust Fees	5.12M	5.64M	7.16M	9.39M	6.75M	6.46M
Trust Fees Growth	-	10.17%	26.86%	31.18%	-28.11%	-4.37%
Consulting Fees	467K	407K	414K	396K	354K	309K
Consulting Fees Growth	-	-12.85%	1.72%	-4.35%	-10.61%	-12.71%

Frequently Asked Questions

Growth & Financials

First Foundation Inc. (FFWM) saw revenue decline by 11.8% over the past year.

First Foundation Inc. (FFWM) reported a net loss of $97.1M for fiscal year 2024.

Dividend & Returns

Yes, First Foundation Inc. (FFWM) pays a dividend with a yield of 0.27%. This makes it attractive for income-focused investors.

First Foundation Inc. (FFWM) has a return on equity (ROE) of -9.3%. Negative ROE indicates the company is unprofitable.

Industry Metrics

First Foundation Inc. (FFWM) has a net interest margin (NIM) of 1.4%. NIM has been under pressure due to interest rate environment.

First Foundation Inc. (FFWM) has an efficiency ratio of 35.3%. This is excellent, indicating strong cost control.