See more : Shandong Head Group Co.,Ltd. (002810.SZ) 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.
- Inducto Steels Limited (INDCTST.BO) Income Statement Analysis – Financial Results
- Cosmo Lady (China) Holdings Company Limited (2298.HK) Income Statement Analysis – Financial Results
- Nanoco Group plc (NANO.L) Income Statement Analysis – Financial Results
- The Amacore Group, Inc. (ACGI) Income Statement Analysis – Financial Results
- The Very Good Food Company Inc. (VERY.V) 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 Bank Celebrates Grand Reopening in Naples, Florida
Ten Community Banks Trading At More Than 35% Below Tangible Book
First Foundation Inc. (FFWM) Q3 2023 Earnings Conference Call Transcript
First Foundation (FFWM) Q3 Earnings and Revenues Beat Estimates
First Foundation Inc. Reports Third Quarter 2023 Financial Results
Earnings Preview: First Foundation (FFWM) Q3 Earnings Expected to Decline
First Foundation: A Steep Discount For A Risky Prospect
First Foundation Inc. Announces Third Quarter 2023 Earnings Conference Call Details
First Foundation Advisors Recognized as a Top Registered Investment Advisory Firm by Barron's
First Foundation Advisors Named as One of the Top Financial Advisory Firms on the CNBC FA100 List
Source: https://incomestatements.info
Category: Stock Reports