First Foundation Shareholders Approve Merger With FirstSun

First Foundation ( (FFWM) ) has shared an update.

On February 27, 2026, First Foundation Inc. held a special meeting of stockholders at which investors voted on four proposals related to its planned merger with FirstSun Capital Bancorp under an Agreement and Plan of Merger signed on October 27, 2025. Stockholders approved the merger of First Foundation into FirstSun and endorsed, on a non-binding advisory basis, the merger-related compensation for named executive officers, signaling broad shareholder support for the transaction and its executive pay framework.

Investors also backed, on a non-binding advisory basis, an amendment to FirstSun’s certificate of incorporation to increase authorized common shares and create a class of non-voting common stock, facilitating the merger’s share issuance and future capital flexibility. Because a quorum was present and the merger compensation proposal achieved the necessary votes, the proposal to adjourn the special meeting to solicit additional proxies was withdrawn and not called, clearing a key procedural hurdle for closing the combination.

The most recent analyst rating on (FFWM) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on First Foundation stock, see the FFWM Stock Forecast page.

Spark’s Take on FFWM Stock

According to Spark, TipRanks’ AI Analyst, FFWM is a Neutral.

The score is held down primarily by weak financial quality (ongoing losses, negative operating cash flow, and elevated leverage). Technicals provide partial offset with the stock trading above key moving averages and neutral-to-positive momentum, but valuation remains constrained by a negative P/E.

To see Spark’s full report on FFWM stock, click here.

More about First Foundation

First Foundation Inc. is a financial services company operating in the U.S. banking sector, providing banking and related financial services to its stockholders and clients through its corporate structure. The company’s shareholder base plays a central role in approving strategic transactions, including mergers and changes to corporate governance or capital structure that may affect its market positioning.

Average Trading Volume: 730,434

Technical Sentiment Signal: Hold

Current Market Cap: $494.8M

See more insights into FFWM stock on TipRanks’ Stock Analysis page.