First Foundation Financials

FFWM Stock  USD 7.95  0.13  1.61%   
Based on the analysis of First Foundation's profitability, liquidity, and operating efficiency, First Foundation is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, First Foundation's Other Assets are very stable compared to the past year. As of the 29th of November 2024, Common Stock Total Equity is likely to grow to about 67.6 K, while Net Debt is likely to drop about 212 M. Key indicators impacting First Foundation's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.931.7101
Moderately Up
Pretty Stable
Current Ratio6.556.89
Notably Down
Slightly volatile
The financial analysis of First Foundation is a critical element in measuring its lifeblood. Investors should not minimize First Foundation's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(189.11 Million)

  
Understanding current and past First Foundation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Foundation's financial statements are interrelated, with each one affecting the others. For example, an increase in First Foundation's assets may result in an increase in income on the income statement.

First Foundation Stock Summary

First Foundation competes with Veritex Holdings, ConnectOne Bancorp, First Bancshares,, First Mid, and Pacific Premier. First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. First Foundation Inc. was founded in 1985 and is headquartered in Dallas, Texas. First Foundation operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 674 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS32026V1044
CUSIP32026V104
LocationCalifornia; U.S.A
Business Address200 Crescent Court,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.firstfoundationinc.com
Phone469 638 9636
CurrencyUSD - US Dollar

First Foundation Key Financial Ratios

First Foundation Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.0B10.2B13.0B13.3B14.0B
Net Debt677.6M(360.7M)(911.6M)713.4M255.8M212.0M
Retained Earnings175.8M247.6M341.0M426.7M218.6M160.5M
Accounts Payable66.4M79.0M110.1M147.3M132.5M142.4M
Cash65.4M629.7M1.1B656.5M1.3B1.4B
Other Assets4.1B4.6B6.4B10.8B11.2B11.7B
Inventory2.9M815K6.1M(718.0M)(1.4B)(1.3B)
Total Liab5.7B6.3B9.1B11.9B12.1B12.7B
Total Current Assets1.1B1.4B2.3B882.7M2.1B2.1B
Common Stock38K44K45K56K64.4K36.2K
Long Term Debt743M269M210.1M1.4B1.6B1.7B
Other Current Liab(66.4M)(79.0M)(110.1M)(147.3M)4.3B4.6B
Net Tangible Assets516.7M600.4M841.9M912.5M1.0B529.4M
Capital Surpluse431.8M433.8M433.9M720.7M828.9M870.3M
Short Term Debt743M261.4M173.1M1.2B515.8M527.3M
Intangible Assets97.2M95.3M222.1M6.6M4.9M4.7M
Other Current Assets4.1B629.7M1.1B666.6M1.4B1.7B
Net Invested Capital1.4B964.7M1.3B2.5B2.5B1.7B

First Foundation Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense78.8M47.2M13.9M85.2M371.4M390.0M
Total Revenue193.9M243.8M295.0M328.7M174.9M178.1M
Gross Profit193.9M243.8M295.0M328.7M573.7M602.4M
Operating Income79.5M118.8M151.8M226.3M(191.9M)(182.3M)
Ebit79.5M120.3M153.7M152.6M(200.1M)(190.1M)
Ebitda86.1M125.4M158.6M158.5M(191.9M)(182.3M)
Income Before Tax79.5M118.8M151.8M149.8M(200.1M)(190.1M)
Net Income56.2M84.4M109.5M110.5M(199.1M)(189.1M)
Income Tax Expense23.3M34.4M42.3M39.3M(1M)(950K)
Tax Provision23.3M34.4M42.3M39.3M4.9M4.6M
Net Interest Income170.0M196.6M233.3M318.7M234.5M191.9M
Interest Income248.8M243.9M247.2M403.9M553.1M580.8M

First Foundation Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(1.9M)564.3M492.1M(465.3M)670.1M703.6M
Free Cash Flow58.2M64.6M93.7M96.5M(2.4M)(2.3M)
Depreciation6.6M6.6M6.8M8.7M8.2M4.8M
Other Non Cash Items(7.6M)2.2M(4.8M)593K205.3M215.6M
Capital Expenditures2.2M2.9M3.2M4.6M8.2M8.6M
Net Income56.2M84.4M109.5M110.5M(199.1M)(189.1M)
End Period Cash Flow65.4M629.7M1.1B656.5M1.3B1.4B
Investments(428.2M)(23.0M)(183.1M)(3.2B)(448.1M)(470.5M)
Net Borrowings393.2M548.3M(237.9M)1.2B1.0B1.1B
Change To Netincome(123K)(13.1M)(3.6M)4.9M4.4M4.7M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Foundation's current stock value. Our valuation model uses many indicators to compare First Foundation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Foundation competition to find correlations between indicators driving First Foundation's intrinsic value. More Info.
First Foundation is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, First Foundation's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Foundation by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

First Foundation Systematic Risk

First Foundation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Foundation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on First Foundation correlated with the market. If Beta is less than 0 First Foundation generally moves in the opposite direction as compared to the market. If First Foundation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Foundation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Foundation is generally in the same direction as the market. If Beta > 1 First Foundation moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Foundation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Foundation's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Foundation growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.009306

At this time, First Foundation's Price Earnings To Growth Ratio is very stable compared to the past year.

First Foundation November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Foundation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Foundation. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Foundation based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Foundation's daily price indicators and compare them against related drivers.
When determining whether First Foundation is a strong investment it is important to analyze First Foundation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Foundation's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Foundation. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Foundation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.01
Earnings Share
(1.26)
Revenue Per Share
1.829
Quarterly Revenue Growth
(0.03)
The market value of First Foundation is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Foundation's value that differs from its market value or its book value, called intrinsic value, which is First Foundation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Foundation's market value can be influenced by many factors that don't directly affect First Foundation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Foundation's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Foundation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Foundation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.