Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
611.00M | 174.85M | 328.75M | 294.96M | 243.85M | Gross Profit |
611.00M | 573.69M | 328.75M | 294.96M | 243.85M | EBIT |
593.00M | -191.87M | 226.28M | 151.78M | 118.77M | EBITDA |
0.00 | -191.87M | 158.51M | 158.63M | 125.40M | Net Income Common Stockholders |
-92.41M | -199.06M | 110.51M | 109.51M | 84.37M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
2.33B | 2.04B | 882.65M | 2.31B | 1.44B | Total Assets |
12.65B | 13.33B | 13.01B | 10.20B | 6.96B | Total Debt |
1.60B | 1.58B | 1.37B | 210.13M | 269.00M | Net Debt |
582.70M | 255.82M | 713.44M | -911.63M | -360.71M | Total Liabilities |
11.59B | 12.40B | 11.88B | 9.13B | 6.26B | Stockholders Equity |
1.05B | 925.34M | 1.13B | 1.06B | 695.71M |
Cash Flow | Free Cash Flow | |||
-8.78M | -2.39M | 96.47M | 93.73M | 64.58M | Operating Cash Flow |
-8.78M | 5.82M | 101.05M | 96.94M | 67.44M | Investing Cash Flow |
287.36M | 134.88M | -3.25B | -79.37M | -24.90M | Financing Cash Flow |
-589.08M | 529.44M | 2.68B | 474.49M | 521.77M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | $398.14M | 8.70 | 14.36% | 2.16% | 12.02% | 26.09% | |
77 Outperform | $420.31M | 9.80 | 15.17% | 1.28% | 6.99% | 12.46% | |
69 Neutral | $378.85M | 13.28 | 13.33% | 1.57% | 14.44% | 16.49% | |
63 Neutral | $12.46B | 9.56 | 8.14% | 17044.64% | 12.63% | -4.25% | |
62 Neutral | $368.00M | 9.41 | 11.58% | 3.63% | 1.99% | 17.65% | |
51 Neutral | $405.56M | ― | -8.86% | 7.03% | 7.93% | -570.64% | |
49 Neutral | $413.58M | ― | -9.34% | 1.00% | 6.75% | 62.30% |
First Foundation Inc. reported a return to profitability in the first quarter of 2025, driven by an increase in net interest margin and normalized credit costs. The company achieved a fully diluted EPS of $0.08, a significant improvement from the previous quarter’s loss. Key strategic initiatives include reducing commercial real estate concentration, improving deposit quality, and building organic capital. The company also reported strong credit performance with negligible net charge-offs and a stable provision for credit losses.
Spark’s Take on FFWM Stock
According to Spark, TipRanks’ AI Analyst, FFWM is a Neutral.
First Foundation faces significant financial challenges with declining revenue and negative profitability. Despite improvements in debt management and strategic initiatives, the stock’s technical indicators and valuation reflect ongoing issues. The mixed earnings call and strategic focus offer some hope, but substantial risks remain.
To see Spark’s full report on FFWM stock, click here.
First Foundation Inc. and its subsidiary, First Foundation Bank, have finalized employment agreements with their top executives, Thomas C. Shafer and Simone Lagomarsino. Mr. Shafer was appointed CEO on November 21, 2024, and will earn an annual base salary of $1,090,000 with additional incentives, while Ms. Lagomarsino, appointed as President in 2024, will receive $800,000 annually. Both agreements include provisions for termination without cause and participation in executive benefit programs.