Summary
FFWM Chart
Is the Options Market Predicting a Spike in First Foundation Stock?
Investors need to pay close attention to FFWM stock based on the movements in the options market lately.
First Foundation (FFWM) Reports Q4 Loss, Misses Revenue Estimates
First Foundation (FFWM) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.02. This compares to a loss of $0.17 per share a year ago.
First Foundation: Limited Progress And Deterioration Justify A Downgrade
First Foundation (FFWM) faces ongoing profitability declines, shrinking deposits, and increased debt, prompting a downgrade to ‘sell'. Despite modest recent improvements, FFWM's asset quality and credit metrics remain among the worst in its peer group. Heavy exposure to variable-rate loans may pressure net interest margins further if rates decline, limiting upside.
First Foundation Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 110 | $678 | $678 | - | - |
| BG Bart Gancher Intech Investment Management LLC | 16,696 | $90.94 | $104.19 | $13.25 | 14.57% |
| JHH James H. Hanna, III North Reef Capital Management LP | 5.91M | $33,193.29 | $36,712.14 | $3,518.85 | 10.6% |
 Joseph Castro Nuveen LLC | 221,220 | $1.16M | $1.15M | -$13,348.75 | -1.15% |
| SVB Strategic Value Bank Partners LLC Strategic Value Bank Partners LLC | 6.77M | $42,739.61 | $42,031.41 | -$708.2 | -1.66% |
First Foundation Inc. (FFWM) FAQ
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First Foundation Inc. Profile
| Banks Industry | Financials Sector | Simone F. Lagomarsino CEO | NYSE Exchange | 32026V104 CUSIP |
| US Country | 561 Employees | 16 May 2024 Last Dividend | 19 Jan 2017 Last Split | 3 Nov 2014 IPO Date |
Overview
First Foundation Inc. stands out as a comprehensive provider of banking, investment advisory, wealth management, and trust services, catering to a wide spectrum of clients including individuals, businesses, and various organizations across the United States. Spanning its operations through two principal segments, Banking and Wealth Management, the company prides itself on a foundation established in 1985, with its headquarters in Dallas, Texas. This dual-segment structure allows First Foundation Inc. to offer a holistic suite of financial services, tailored to meet the diverse needs of its clientele.
Products and Services
- Deposit Products
- Loan Products
- Specialized Services
- Investment Management and Financial Planning Services
- Treasury Management Services
- Support Services for Charitable Organizations
Including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits. These products cater to the foundational financial management needs of individuals and businesses, emphasizing liquidity, safety, and growth of funds.
Consists of multifamily and single-family residential real estate loans, commercial real estate loans, 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. First Foundation Inc. addresses the diversified borrowing needs across personal and business fronts, promoting both operational and personal financial growth.
Comprises trust services, online and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts. Additionally, it provides insurance brokerage services and equipment financing solutions, enhancing the convenience and breadth of financial solutions available to clients.
Offers tailored investment management and financial planning services, focusing on the long-term financial health and growth of clients. This service is crucial for both individual and institutional clients looking to manage and grow their wealth effectively.
Includes an array of services like bill pay, check/payee/ACH positive pay, wire origination, internal and external transfers, account reconciliation reporting, mobile deposit, lockbox, cash vault services, and merchant processing. These services are designed to simplify and enhance the financial operation capabilities of business clients, fostering efficiency and security.
First Foundation Inc. extends its offerings to include processing and transmission of financial and economic data for charitable organizations. This underscores the company’s commitment to social responsibility and support for the non-profit sector.
