First Foundation IncFFWM
FFWM
About: First Foundation Inc is a financial services company. It is engaged in providing investment management and financial planning services for high-net-worth individuals, retirement plans, charitable institutions, and private foundations. The company focuses on segments namely Banking and Wealth Management. It also offers loans to individuals and entities that own and operate multifamily residential and commercial real estate properties as well as business banking products and services to small to moderate-sized businesses, professional firms, and consumer banking products and services to individuals.
Employees: 567
0
Funds holding %
of 6,814 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
300% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 4 (+3) [Q3]
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
33% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 43
25.01% more ownership
Funds ownership: 80.43% [Q2] → 105.44% (+25.01%) [Q3]
24% more capital invested
Capital invested by funds: $298M [Q2] → $371M (+$72.2M) [Q3]
5% more funds holding
Funds holding: 154 [Q2] → 161 (+7) [Q3]
71% less call options, than puts
Call options by funds: $495K | Put options by funds: $1.69M
Research analyst outlook
We haven’t received any recent analyst ratings for FFWM.
Financial journalist opinion
Neutral
Business Wire
6 days ago
First Foundation Inc. Announces Fourth Quarter 2024 Earnings Conference Call Details
DALLAS--(BUSINESS WIRE)--First Foundation Inc. Announces Fourth Quarter 2024 Earnings Conference Call Details.
Positive
Zacks Investment Research
1 week ago
Down -25.34% in 4 Weeks, Here's Why First Foundation (FFWM) Looks Ripe for a Turnaround
First Foundation (FFWM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Neutral
Business Wire
1 month ago
First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C.
DALLAS--(BUSINESS WIRE)--First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C. Shafer as Successor.
Positive
Zacks Investment Research
2 months ago
First Foundation (FFWM) Is Attractively Priced Despite Fast-paced Momentum
First Foundation (FFWM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Neutral
Seeking Alpha
2 months ago
First Foundation Inc. (FFWM) Q3 2024 Earnings Call Transcript
First Foundation Inc. (NYSE:FFWM ) Q3 2024 Earnings Conference Call October 29, 2024 11:00 AM ET Company Participants Scott Kavanaugh - Chief Executive Officer Jamie Britton - Executive Vice President and Chief Financial Officer Chris Naghibi - Executive Vice President, Chief Operating Officer Conference Call Participants David Feaster - Raymond James Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler Operator Greetings, and welcome to First Foundation's Third Quarter 2024 Earnings Conference Call.
Positive
Zacks Investment Research
2 months ago
First Foundation (FFWM) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for First Foundation (FFWM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
First Foundation (FFWM) Surpasses Q3 Earnings and Revenue Estimates
First Foundation (FFWM) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.29 per share. This compares to earnings of $0.05 per share a year ago.
Neutral
Business Wire
2 months ago
First Foundation Inc. Reports Third Quarter 2024 Financial Results
DALLAS--(BUSINESS WIRE)--First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended September 30, 2024. The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx. At 8 a.m. PT / 11 a.m. ET, President and Chief Executive Office.
Negative
Zacks Investment Research
2 months ago
Analysts Estimate First Foundation (FFWM) to Report a Decline in Earnings: What to Look Out for
First Foundation (FFWM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
3 months ago
First Foundation Inc. Announces Reclassification of $1.9 Billion of Multifamily Portfolio to Loans Held for Sale and Conversion of Series B Noncumulative Convertible Preferred Stock to Common Stock
DALLAS--(BUSINESS WIRE)--First Foundation Inc. (“we,” “our,” “us,” “First Foundation” or the “Company”) (NYSE: FFWM), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the reclassification of a portion of its multifamily portfolio totaling $1.9 billion principal balance from loans held to maturity to loans held for sale (the “Loan Reclassification”). “Our decision to transfer these multifamily loans to.
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