Edition:
India

First Foundation Inc (FFWM.OQ)

FFWM.OQ on NASDAQ Stock Exchange Global Market

16.01USD
2:29am IST
Change (% chg)

$-0.24 (-1.48%)
Prev Close
$16.25
Open
$16.19
Day's High
$16.30
Day's Low
$15.91
Volume
56,349
Avg. Vol
88,236
52-wk High
$20.36
52-wk Low
$14.00

Latest Key Developments (Source: Significant Developments)

First Foundation Announces Commencement Of Stock Repurchase Program
Wednesday, 31 Oct 2018 

Oct 30 (Reuters) - First Foundation Inc ::FIRST FOUNDATION INC. ANNOUNCES COMMENCEMENT OF STOCK REPURCHASE PROGRAM.FIRST FOUNDATION INC - UNDER STOCK REPURCHASE PROGRAM, FIRST FOUNDATION MAY REPURCHASE UP TO 2,200,000 SHARES OF ITS COMMON STOCK.  Full Article

First Foundation Q3 Earnings Per Share $0.33
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - First Foundation Inc ::FIRST FOUNDATION ANNOUNCES 2018 THIRD QUARTER FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.33.Q3 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.QUARTERLY TOTAL REVENUES WERE $54.8 MILLION, AN INCREASE OF 43%.  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