See more : COVA Acquisition Corp. (COVA) Income Statement Analysis – Financial Results
Complete financial analysis of First Foundation Inc. (FFWM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Foundation Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
- Daito Koun Co.,Ltd. (9367.T) Income Statement Analysis – Financial Results
- TransAlta Corporation (TA.TO) Income Statement Analysis – Financial Results
- Pizza Pizza Royalty Corp. (PZRIF) Income Statement Analysis – Financial Results
- Shanghai Rural Commercial Bank Co., Ltd. (601825.SS) Income Statement Analysis – Financial Results
- Belgravia Hartford Capital Inc. (BLGV.CN) Income Statement Analysis – Financial Results
First Foundation Inc. (FFWM)
About First Foundation Inc.
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 deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits. It also provides various specialized services comprising trust services, internet and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, the company offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company operates through a network of 28 branch offices and 3 loan production offices in California, Nevada, Texas, and Hawaii. First Foundation Inc. was founded in 1985 and is headquartered in Dallas, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 174.85M | 328.75M | 294.96M | 243.85M | 193.87M | 176.30M | 152.34M | 124.01M | 86.96M | 67.56M | 55.50M | 44.35M | 40.72M |
| Cost of Revenue | -398.84M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 40.72M |
| Gross Profit | 573.69M | 328.75M | 294.96M | 243.85M | 193.87M | 176.30M | 152.34M | 124.01M | 86.96M | 67.56M | 55.50M | 44.35M | 0.00 |
| Gross Profit Ratio | 328.10% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 84.30M | 110.22M | 87.91M | 73.87M | 69.93M | 67.51M | 56.56M | 48.57M | 40.46M | 33.55M | 28.76M | 23.27M | 0.00 |
| Selling & Marketing | 0.00 | 13.66M | 12.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 84.30M | 110.22M | 87.91M | 73.87M | 69.93M | 67.51M | 56.56M | 48.57M | 40.46M | 33.55M | 28.76M | 23.27M | 10.68M |
| Other Expenses | 90.55M | -70.13M | -231.09M | -198.95M | -184.31M | -132.03M | -135.11M | -123.06M | -98.31M | -81.71M | -71.27M | -56.66M | -5.34M |
| Operating Expenses | 174.85M | 13.66M | -143.18M | -125.08M | -114.37M | -64.52M | -78.56M | -74.48M | -57.85M | -48.16M | -42.51M | -33.40M | 5.34M |
| Cost & Expenses | 174.85M | 13.66M | -143.18M | -125.08M | -114.37M | -64.52M | -78.56M | -74.48M | -57.85M | -48.16M | -42.51M | -33.40M | 31.62M |
| Interest Income | 573.69M | 403.88M | 247.22M | 243.89M | 248.76M | 207.31M | 136.80M | 100.64M | 64.47M | 47.40M | 39.18M | 30.87M | 0.00 |
| Interest Expense | 371.39M | 85.19M | 13.93M | 47.25M | 78.81M | 51.70M | 23.18M | 11.19M | 6.28M | 4.58M | 3.51M | 3.15M | 90.00K |
| Depreciation & Amortization | 0.00 | 5.95M | 4.90M | 5.10M | 5.31M | 4.79M | 2.78M | 1.86M | 1.35M | 1.23M | 1.04M | 591.00K | 339.00K |
| EBITDA | -191.87M | 158.51M | 158.63M | 125.40M | 86.10M | 65.96M | 53.93M | 40.62M | 24.36M | 16.05M | 10.52M | 8.40M | 9.44M |
| EBITDA Ratio | -109.73% | 71.48% | 53.78% | 51.43% | 44.41% | 66.73% | 50.62% | 41.44% | 35.03% | 30.54% | 25.28% | 26.03% | 23.17% |
| Operating Income | -191.87M | 226.28M | 151.79M | 118.77M | 79.50M | 111.78M | 73.78M | 49.53M | 29.11M | 19.41M | 12.99M | 10.95M | 9.10M |
| Operating Income Ratio | -109.73% | 68.83% | 51.46% | 48.71% | 41.01% | 63.40% | 48.43% | 39.94% | 33.48% | 28.72% | 23.40% | 24.70% | 22.34% |
| Total Other Income/Expenses | -8.20M | 0.00 | -2.61M | 0.00 | 490.00K | -3.79M | -2.60M | 0.00 | 0.00 | -1.23M | -1.04M | -591.00K | 0.00 |
| Income Before Tax | -200.06M | 149.80M | 151.79M | 118.77M | 79.50M | 60.09M | 50.60M | 38.33M | 22.83M | 14.82M | 9.48M | 7.81M | 9.10M |
| Income Before Tax Ratio | -114.42% | 45.57% | 51.46% | 48.71% | 41.01% | 34.08% | 33.22% | 30.91% | 26.25% | 21.94% | 17.08% | 17.61% | 22.34% |
| Income Tax Expense | -1.00M | 39.29M | 42.27M | 34.40M | 23.26M | 17.13M | 23.02M | 15.03M | 9.45M | 6.43M | 1.63M | 2.01M | 0.00 |
| Net Income | -199.06M | 110.51M | 109.51M | 84.37M | 56.24M | 42.96M | 27.58M | 23.30M | 13.38M | 8.39M | 7.85M | 5.80M | 9.10M |
| Net Income Ratio | -113.85% | 33.62% | 37.13% | 34.60% | 29.01% | 24.37% | 18.11% | 18.79% | 15.38% | 12.42% | 14.15% | 13.08% | 22.34% |
| EPS | -3.53 | 1.96 | 2.42 | 1.89 | 1.26 | 1.02 | 0.80 | 0.72 | 0.60 | 0.54 | 0.39 | 0.29 | 0.74 |
| EPS Diluted | -3.53 | 1.96 | 2.41 | 1.88 | 1.25 | 1.01 | 0.78 | 0.70 | 0.58 | 0.51 | 0.39 | 0.29 | 0.71 |
| Weighted Avg Shares Out | 56.43M | 56.42M | 44.64M | 44.64M | 44.62M | 42.09M | 34.48M | 32.37M | 22.31M | 15.47M | 19.91M | 19.91M | 12.33M |
| Weighted Avg Shares Out (Dil) | 56.43M | 56.49M | 44.90M | 44.90M | 44.91M | 42.57M | 35.33M | 33.47M | 23.15M | 16.33M | 19.91M | 19.91M | 12.79M |
First Foundation Inc. Announces Retirement of CEO Scott F. Kavanaugh and Appointment of Thomas C.
First Foundation (FFWM) Is Attractively Priced Despite Fast-paced Momentum
First Foundation Inc. (FFWM) Q3 2024 Earnings Call Transcript
First Foundation (FFWM) Reports Q3 Earnings: What Key Metrics Have to Say
First Foundation (FFWM) Surpasses Q3 Earnings and Revenue Estimates
Analysts Estimate First Foundation (FFWM) to Report a Decline in Earnings: What to Look Out for
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
First Foundation Inc. Announces Third Quarter 2024 Earnings Conference Call Details
U.S. Banks Soar as Fed Signals Rate Cuts Starting in September
Compared to Estimates, First Foundation (FFWM) Q2 Earnings: A Look at Key Metrics
Source: https://incomestatements.info
Category: Stock Reports