First Foundation (NASDAQ:FFWM – Get Free Report) will be releasing its earnings data before the market opens on Tuesday, October 29th. Analysts expect First Foundation to post earnings of ($0.20) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
First Foundation (NASDAQ:FFWM – Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The bank reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.05. First Foundation had a net margin of 1.34% and a return on equity of 1.07%. The company had revenue of $164.57 million during the quarter, compared to the consensus estimate of $54.23 million. During the same quarter in the previous year, the company posted $0.07 earnings per share. On average, analysts expect First Foundation to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
First Foundation Stock Performance
Shares of FFWM opened at $7.24 on Friday. First Foundation has a 1 year low of $4.41 and a 1 year high of $11.47. The company has a market cap of $491.23 million, a price-to-earnings ratio of 41.11 and a beta of 1.32. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a fifty day moving average of $6.78 and a 200-day moving average of $6.31.
Wall Street Analyst Weigh In
View Our Latest Research Report on FFWM
First Foundation Company Profile
First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit 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, 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.
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