First Foundation Inc ( (FFWM) ) has released its Q2 earnings. Here is a breakdown of the information First Foundation Inc presented to its investors.
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First Foundation Inc. is a financial services company that operates through its subsidiaries, First Foundation Advisors and First Foundation Bank, offering a comprehensive range of banking and wealth management services. In the second quarter of 2025, First Foundation Inc. reported a net loss of $7.7 million, primarily due to strategic loan sales aimed at reducing exposure to low-coupon fixed-rate loans and high-cost deposits. The company sold $858 million in commercial real estate loans, which contributed to a $12.1 million revenue impact and a decrease in total deposits by $865 million. Despite these challenges, the net interest margin improved slightly to 1.68%, marking the sixth consecutive quarterly increase, and the cost of deposits decreased to 2.95%. The company’s total risk-based capital ratio also rose to 14.70%, indicating a strong capital position. Looking ahead, First Foundation’s management remains optimistic about future financial performance, with expectations of further improvements in net interest margin and continued strong asset quality and liquidity levels.