First Foundation (FFWM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - First Foundation (FFWM) reported revenue of $71.4 million for Q1 2025, a year-over-year increase of 39.8% and exceeding the Zacks Consensus Estimate of $63.8 million by 11.91% [1] - The company achieved an EPS of $0.09, significantly higher than the $0.02 reported a year ago, resulting in an EPS surprise of 350% [1] Financial Performance Metrics - Efficiency Ratio (non-GAAP) was reported at 86%, better than the average estimate of 90.4% from two analysts [4] - Net Interest Margin stood at 1.7%, matching the average estimate of 1.7% [4] - Average Balances for total interest-earning assets were $12.31 billion, consistent with the average estimate of $12.31 billion [4] - Total nonperforming assets were $44.94 million, lower than the average estimate of $52.29 million [4] - Net charge-offs (recoveries) to average loans were 0%, better than the estimated 0.1% [4] - Total Noninterest income reached $19.60 million, exceeding the average estimate of $12.27 million [4] - Net interest income was reported at $51.80 million, slightly above the average estimate of $51.54 million [4] Stock Performance - Shares of First Foundation have returned -4.8% over the past month, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]