First Foundation. Earnings Calls

Mar 31, 2025
$0.0900 (350.00%)
Release date Apr 30, 2025
EPS estimate $0.0200
EPS actual $0.0900
EPS Surprise 350.00%
Revenue estimate 69.631M
Revenue actual 146.293M
Revenue Surprise 110.10%
Dec 31, 2024
-$0.170 (-666.67%)
Release date Jan 30, 2025
EPS estimate $0.0300
EPS actual -$0.170
EPS Surprise -666.67%
Revenue estimate 71.7M
Revenue actual 152.473M
Revenue Surprise 112.65%
Sep 30, 2024
$0.0400 (113.79%)
Release date Oct 29, 2024
EPS estimate -$0.290
EPS actual $0.0400
EPS Surprise 113.79%
Revenue estimate 60.67M
Revenue actual -75415000
Revenue Surprise -224.30%
Jun 30, 2024
$0.0600 (782.35%)
Release date Jul 25, 2024
EPS estimate $0.0068
EPS actual $0.0600
EPS Surprise 782.35%
Revenue estimate 55.04M
Revenue actual 163.736M
Revenue Surprise 197.49%

Last 4 Quarters for First Foundation.

Below you can see how FFWM performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Jun 30, 2024 Beat
Release date Jul 25, 2024
Price on release $7.05
EPS estimate $0.0068
EPS actual $0.0600
EPS surprise 782.35%
Date Price
Jul 19, 2024 $6.57
Jul 22, 2024 $6.70
Jul 23, 2024 $6.95
Jul 24, 2024 $6.71
Jul 25, 2024 $7.05
Jul 26, 2024 $7.08
Jul 29, 2024 $6.92
Jul 30, 2024 $6.93
Jul 31, 2024 $7.00
4 days before 7.31%
4 days after -0.709%
On release day 0.426%
Change in period 6.54%
Sep 30, 2024 Beat
Release date Oct 29, 2024
Price on release $7.23
EPS estimate -$0.290
EPS actual $0.0400
EPS surprise 113.79%
Date Price
Oct 23, 2024 $7.45
Oct 24, 2024 $7.61
Oct 25, 2024 $7.24
Oct 28, 2024 $7.77
Oct 29, 2024 $7.23
Oct 30, 2024 $6.95
Oct 31, 2024 $6.73
Nov 01, 2024 $6.71
Nov 04, 2024 $6.47
4 days before -2.95%
4 days after -10.51%
On release day -3.87%
Change in period -13.15%
Dec 31, 2024 Missed
Release date Jan 30, 2025
Price on release $5.46
EPS estimate $0.0300
EPS actual -$0.170
EPS surprise -666.67%
Date Price
Jan 24, 2025 $6.25
Jan 27, 2025 $6.40
Jan 28, 2025 $6.25
Jan 29, 2025 $6.26
Jan 30, 2025 $5.46
Jan 31, 2025 $5.15
Feb 03, 2025 $5.03
Feb 04, 2025 $5.12
Feb 05, 2025 $5.37
4 days before -12.64%
4 days after -1.65%
On release day -5.68%
Change in period -14.08%
Mar 31, 2025 Beat
Release date Apr 30, 2025
Price on release $5.02
EPS estimate $0.0200
EPS actual $0.0900
EPS surprise 350.00%
Date Price
Apr 24, 2025 $5.07
Apr 25, 2025 $4.82
Apr 28, 2025 $4.87
Apr 29, 2025 $4.97
Apr 30, 2025 $5.02
May 01, 2025 $5.12
May 02, 2025 $5.33
May 05, 2025 $5.31
May 06, 2025 $5.27
4 days before -0.99%
4 days after 4.98%
On release day 1.99%
Change in period 3.94%

First Foundation. Earnings Call Transcript Summary of Q1 2025

Summary of First Foundation's Q1 2025 Earnings Call for Investors

Key Financial Highlights:

  • Net Income: First Foundation reported a net income of $6.9 million, or $0.08 per share, marking a recovery from a net loss of $14.1 million in Q4 2024.
  • Net Interest Margin (NIM): Expanded by 9 basis points to 1.67%, supported by a reduction in costs and improved loan balances.
  • Loan Funding: Funded $180 million in new loan balances, primarily in Commercial and Industrial (C&I) loans (78% of the total), with an average yield of 7.09%.
  • Provision for Credit Losses: Decreased significantly to $3.4 million from $20.6 million in Q4 2024, reflecting better asset quality.

Asset and Loan Portfolio Management:

  • Loans Held for Sale: Remained stable at $1.3 billion, with plans to continue reducing this total throughout 2025. Significant past sales of multifamily loans helped improve the portfolio.
  • Credit Quality: The allowance for credit losses (ACL) slightly increased to 46 basis points, but overall credit performance is strong, with past due and nonaccrual loans down 22% to $54.8 million.
  • Strategic Focus: Emphasis on reducing commercial real estate concentration and shifting towards higher-yielding loans, particularly C&I loans.

Operational and Strategic Updates:

  • Employee Investments: Increased hiring in the Florida market, particularly in commercial banking roles, to drive future growth.
  • Non-Interest Income: Stable at $19.6 million, with a focus on enhancing client engagement in wealth and trust sectors despite some fluctuations.
  • Cost Controls: Total non-interest expense was reduced by 5% sequentially to $46.7 million. Management is focused on controlling costs while navigating organizational changes.

Outlook:

  • Expect continued margin expansion, with the NIM projected to reach between 1.8% and 1.9% by Q4 2025, improving further to 2.1%-2.2% by the end of 2026.
  • Aim for modest growth in overall loan balances while transitioning to a more favorable asset mix.
  • The organization remains well-capitalized with a common equity Tier 1 ratio of 10.6% and an 8.1% Tier 1 leverage ratio, providing a strong regulatory cushion.

Conclusion and Forward Focus:

  • The management is optimistic about the company’s progress, emphasizing efforts to enhance profitability and asset quality while adapting to macroeconomic challenges.
  • First Foundation is confident in the execution of its strategic initiatives and the potential for long-term value creation for shareholders.

Investors should closely monitor the firm's ability to execute its strategic plan, improve credit quality, and manage costs in the evolving economic environment.

First Foundation. Earnings History

Earnings Calendar

FAQ

When is the earnings report for FFWM?
First Foundation Inc. (FFWM) has scheduled its earnings report for Jul 24, 2025 before the markets open.

What is the FFWM price-to-earnings (P/E) ratio?
FFWM P/E ratio as of Jun 20, 2025 (TTM) is -3.89.

What is the FFWM EPS forecast?
The forecasted EPS (Earnings Per Share) for First Foundation Inc. (FFWM) for the first fiscal quarter 2025 is $0.0200.

What are First Foundation Inc.'s retained earnings?
On its balance sheet, First Foundation Inc. reported retained earnings of $146.29 million for the latest quarter ending Mar 31, 2025.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Click to get the best stock tips daily for free!
ABOUT FIRST FOUNDATION INC.
First Foundation.
First 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 dep...
GOLDEN STAR
Ticker Change Signal Date
G
GTM
$9.57
2.40% Jun 02
TAC
$8.90
23.37% May 12
IMMR
$7.28
4.81% May 09
UAA
$5.84
20.38% May 09
MEDP
$300.81
2.84% May 08

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE