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First Foundation Inc (FFWM.OQ)

FFWM.OQ on NASDAQ Stock Exchange Global Market

14.55USD
16 Aug 2019
Change (% chg)

$0.49 (+3.49%)
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$14.06
Open
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Volume
117,329
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40,763
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$17.02
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$11.84

Latest Key Developments (Source: Significant Developments)

First Foundation Reports Q1 EPS of $0.25
Wednesday, 24 Apr 2019 

April 24 (Reuters) - First Foundation Inc ::FIRST FOUNDATION ANNOUNCES 2019 FIRST QUARTER FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.25.Q1 EARNINGS PER SHARE ESTIMATE $0.25 -- REFINITIV IBES DATA.Q1 REVENUE $49.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $51 MILLION.TANGIBLE BOOK VALUE PER SHARE INCREASE TO $10.52 AT MARCH 31, 2019.RETURN ON AVERAGE TANGIBLE EQUITY OF 9.7% FOR QUARTER.EFFICIENCY RATIO OF 66.7% FOR QUARTER.NET INTEREST MARGIN ("NIM") FOR Q1 OF 2.88%.ASSETS UNDER MANAGEMENT ("AUM") FOR TRUST OPERATIONS INCREASED BY $34 MILLION IN Q1.  Full Article

First Foundation Announces 2018 Full Year Results
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - First Foundation Inc ::FIRST FOUNDATION ANNOUNCES 2018 FULL YEAR RESULTS.Q4 EARNINGS PER SHARE $0.31.Q4 EARNINGS PER SHARE ESTIMATE $0.28 -- REFINITIV IBES DATA.Q4 REVENUE $50.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $52.2 MILLION.INITIATES QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE.QTRLY NET INTEREST INCOME WAS $41.4 MILLION, AN INCREASE OF 32%.  Full Article

First Foundation Reports Q4 EPS Of $0.06
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - First Foundation Inc ::FIRST FOUNDATION ANNOUNCES 2017 FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.25.Q4 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE $0.06.QTRLY TOTAL REVENUES WERE $42.6 MILLION, AN INCREASE OF 31%​.QTRLY ‍ NET INTEREST INCOME WAS $31.2 MILLION, AN INCREASE OF 25%​.SEES ‍2018 LOAN ORIGINATIONS CONSISTENT WITH 2017 LEVELS AND NET YIELD ON INTEREST EARNING ASSETS BETWEEN 2.80% AND 2.95%​.FIRST FOUNDATION - ‍ 2018 OUTLOOK BASED ON, AMONG OTHER THINGS, ASSUMPTION THAT FEDERAL RESERVE BOARD WILL INCREASE RATES TWICE DURING 2018​.  Full Article

First Foundation To Acquire Premier Business Bank
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - First Foundation Inc ::FIRST FOUNDATION TO ACQUIRE PREMIER BUSINESS BANK.FIRST FOUNDATION INC - ‍ TRANSACTION, HAS BEEN UNANIMOUSLY APPROVED BY EACH COMPANY'S BOARD OF DIRECTORS​.FIRST FOUNDATION - PBB BANCORP SHAREHOLDERS WILL RECEIVE 1.05 SHARES OF FIRST FOUNDATION COMMON STOCK IN EXCHANGE FOR EACH SHARE OF PBB BANCORP.FIRST FOUNDATION INC - ‍ 100% STOCK TRANSACTION IS VALUED AT APPROXIMATELY $106 MILLION IN AGGREGATE​.FIRST FOUNDATION INC - ‍TRANSACTION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO CO'S EPS (EXCLUDING APPROXIMATELY $5.1 MILLION OF ONE-TIME EXPENSES)​.FIRST FOUNDATION INC - ‍TRANSACTION WILL NOT REQUIRE ANY SUPPLEMENTAL FINANCING​.FIRST FOUNDATION - AT CLOSING, TRANSACTION EXPECTED TO BE ABOUT 3.6% DILUTIVE TO FIRST FOUNDATION'S TANGIBLE BOOK VALUE PER SHARE.FIRST FOUNDATION - ESTIMATED TANGIBLE BOOK VALUE EARN-BACK PERIOD IS 3.8 YEARS.  Full Article

First foundation reports Q3 EPS 27 cents
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - First Foundation Inc :First foundation announces 2017 third quarter financial results.Q3 earnings per share $0.27.Q3 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.‍Assets under management at FFA increased by $585 million in first nine months of 2017 and totaled $4.2 billion at September 30, 2017​.Qtrly ‍net interest income $28.4 million versus $23.2 million.  Full Article