First Foundation (FFWM)

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First Foundation (FFWM) - 2024 Q2 - Earnings Call Transcript
2024-07-25 22:18
First Foundation Inc. (NYSE:FFWM) Q2 2024 Results Conference Call July 25, 2024 11:00 AM ET Company Participants Scott Kavanaugh - CEO, President & Vice Chairman James Britton - Executive VP & CFO Chris Naghibi - Executive VP & COO Simone Lagomarsino - President Conference Call Participants David Feaster - Raymond James Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Matthew Clark - Piper Sandler Operator Greetings, and welcome to First Foundation's Second Quarter 2024 Earnings Conference Call. Today' ...
First Foundation (FFWM) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-25 13:05
First Foundation (FFWM) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 500%. A quarter ago, it was expected that this wealth manager and commercial bank would post earnings of $0.01 per share when it actually produced earnings of $0.02, delivering a surprise of 100%. Over the last f ...
First Foundation (FFWM) - 2024 Q2 - Quarterly Results
2024-07-25 11:00
First Foundation Inc. (NYSE: FFWM) July 25, 2024 Exhibit 99.1 FIRST FOUNDATION INC. REPORTS SECOND QUARTER 2024 RESULTS | 2Q24 Key Financial Data | | | | Highlights | | --- | --- | --- | --- | --- | | Profitability | | | | | | Metrics | 2Q24 | 1Q24 | 2Q23 | | | Return on average | | | | | | assets (%) | 0.09 | 0.02 | (6.38) | | | Adjusted return on | | | | approximately 85% of total deposits. | | average assets (%) (a) | 0.10 | 0.03 | 0.11 | | | Return on average | | | | | | common equity (%) | 1.3 | 0.3 | ...
Is the Options Market Predicting a Spike in First Foundation (FFWM) Stock?
ZACKS· 2024-06-12 13:46
What is Implied Volatility? What do the Analysts Think? Given the way analysts feel about First Foundation right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Check out the simple yet high-powere ...
First Foundation (FFWM) - 2024 Q1 - Quarterly Report
2024-05-09 18:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36461 FIRST FOUNDATION INC. (Exact name of Registrant as specified in its charter) Delaware 20-8639702 (State ...
First Foundation (FFWM) - 2024 Q1 - Earnings Call Transcript
2024-04-25 21:10
First Foundation Inc. (NYSE:FFWM) Q1 2024 Earnings Conference Call April 25, 2024 11:00 AM ET Company Participants Scott Kavanaugh - President & Chief Executive Officer Jamie Britton - Chief Financial Officer Chris Naghibi - Chief Operating Officer Conference Call Participants David Feaster - Raymond James Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Operator Greetings and welcome to First Foundation's First Quarter 2024 Earnings Conference Call. Today's call is being recorded. Speaking today will ...
First Foundation (FFWM) - 2024 Q1 - Earnings Call Presentation
2024-04-25 17:45
This report includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including forwar statements regarding our expectations and beliefs about our future financial performance and financial condition, as well as reads in our business and markets. Forward-look statements often include words such as "believe," "expect," "auticipate," "intend, ""plan, " estimate, ""project," "outdook," or words of similar meaning, or future o ...
First Foundation (FFWM) Q1 Earnings Top Estimates
Zacks Investment Research· 2024-04-25 13:05
First Foundation (FFWM) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this wealth manager and commercial bank would post earnings of $0.02 per share when it actually produced earnings of $0.05, delivering a surprise of 150%.Over the last fou ...
First Foundation (FFWM) - 2024 Q1 - Quarterly Results
2024-04-25 11:06
First Foundation Inc. (NYSE: FFWM) April 25, 2024 Exhibit 99.1 FIRST FOUNDATION INC. REPORTS FIRST QUARTER 2024 RESULTS | 1Q24 Key Financial Data | | | | | Highlights | | --- | --- | --- | --- | --- | --- | | Profitability Metrics Return on average | | 1Q24 | 4Q23 | 1Q23 | | | assets (%) | | 0.02 | 0.08 | 0.26 | | | Adjusted return on | | | | | | | average assets (%) | (a) | 0.03 | 0.09 | 0.25 | approximately 85% of total deposits. | | Return on average | | | | | | | common equity (%) | | 0.3 | 1.1 | 3.0 | ...
Will First Foundation (FFWM) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-19 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider First Foundation (FFWM) . This company, which is in the Zacks Banks - Southwest industry, shows potential for another earnings beat.When looking at the last two reports, this wealth manager and commercial bank has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 108.33%, on average ...