First Historical Income Statement

FFWM Stock  USD 7.95  0.13  1.61%   
Historical analysis of First Foundation income statement accounts such as Selling General Administrative of 66.4 M or Total Revenue of 178.1 M can show how well First Foundation performed in making a profits. Evaluating First Foundation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Foundation's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Foundation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Foundation is a good buy for the upcoming year.
  
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.

About First Income Statement Analysis

First Foundation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Foundation shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Foundation Income Statement Chart

At this time, First Foundation's Interest Income is very stable compared to the past year.

Total Revenue

Total revenue comprises all receipts First Foundation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of First Foundation minus its cost of goods sold. It is profit before First Foundation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from First Foundation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Foundation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, First Foundation's Interest Income is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense13.9M85.2M371.4M390.0M
Depreciation And Amortization4.9M5.9M8.2M4.2M

First Foundation income statement Correlations

0.590.890.80.750.120.04-0.020.0-0.750.24-0.04-0.21-0.120.46-0.110.430.870.790.910.510.62
0.590.450.290.920.61-0.71-0.78-0.76-0.540.88-0.78-0.06-0.83-0.28-0.82-0.280.520.910.680.920.78
0.890.450.970.72-0.110.280.190.21-0.80.150.19-0.20.10.70.110.680.970.760.90.320.7
0.80.290.970.61-0.310.440.360.38-0.8-0.040.37-0.110.280.830.30.820.940.640.830.120.59
0.750.920.720.610.33-0.43-0.51-0.49-0.740.7-0.5-0.04-0.580.09-0.570.090.770.980.860.810.89
0.120.61-0.11-0.310.33-0.7-0.74-0.730.150.71-0.77-0.49-0.76-0.66-0.77-0.71-0.110.350.050.580.22
0.04-0.710.280.44-0.43-0.70.990.99-0.04-0.780.98-0.140.970.820.970.810.21-0.37-0.02-0.79-0.31
-0.02-0.780.190.36-0.51-0.740.991.00.03-0.870.99-0.070.990.790.990.780.11-0.46-0.12-0.84-0.43
0.0-0.760.210.38-0.49-0.730.991.00.01-0.870.99-0.070.980.80.990.790.13-0.44-0.09-0.83-0.41
-0.75-0.54-0.8-0.8-0.740.15-0.040.030.01-0.21-0.03-0.050.05-0.510.03-0.54-0.86-0.77-0.88-0.4-0.69
0.240.880.15-0.040.70.71-0.78-0.87-0.87-0.21-0.87-0.13-0.89-0.56-0.89-0.540.250.70.420.860.7
-0.04-0.780.190.37-0.5-0.770.980.990.99-0.03-0.87-0.031.00.81.00.80.12-0.46-0.1-0.84-0.4
-0.21-0.06-0.2-0.11-0.04-0.49-0.14-0.07-0.07-0.05-0.13-0.03-0.03-0.02-0.030.02-0.17-0.13-0.140.02-0.18
-0.12-0.830.10.28-0.58-0.760.970.990.980.05-0.891.0-0.030.741.00.740.03-0.53-0.19-0.88-0.47
0.46-0.280.70.830.09-0.660.820.790.8-0.51-0.560.8-0.020.740.750.990.630.120.42-0.40.11
-0.11-0.820.110.3-0.57-0.770.970.990.990.03-0.891.0-0.031.00.750.750.05-0.52-0.17-0.87-0.45
0.43-0.280.680.820.09-0.710.810.780.79-0.54-0.540.80.020.740.990.750.640.120.43-0.390.15
0.870.520.970.940.77-0.110.210.110.13-0.860.250.12-0.170.030.630.050.640.820.950.380.78
0.790.910.760.640.980.35-0.37-0.46-0.44-0.770.7-0.46-0.13-0.530.12-0.520.120.820.90.780.89
0.910.680.90.830.860.05-0.02-0.12-0.09-0.880.42-0.1-0.14-0.190.42-0.170.430.950.90.560.82
0.510.920.320.120.810.58-0.79-0.84-0.83-0.40.86-0.840.02-0.88-0.4-0.87-0.390.380.780.560.75
0.620.780.70.590.890.22-0.31-0.43-0.41-0.690.7-0.4-0.18-0.470.11-0.450.150.780.890.820.75
Click cells to compare fundamentals

First Foundation Account Relationship Matchups

First Foundation income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization6.6M5.1M4.9M5.9M8.2M4.2M
Interest Expense78.8M47.2M13.9M85.2M371.4M390.0M
Selling General Administrative69.9M73.9M87.9M110.2M84.3M66.4M
Total Revenue193.9M243.8M295.0M328.7M174.9M178.1M
Gross Profit193.9M243.8M295.0M328.7M573.7M602.4M
Other Operating Expenses114.4M(125.1M)(143.2M)13.7M174.9M183.6M
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)
Total Operating Expenses(114.4M)(125.1M)(143.2M)13.7M174.9M183.6M
Income Before Tax79.5M118.8M151.8M149.8M(200.1M)(190.1M)
Total Other Income Expense Net(78.8M)118.8M(2.6M)(76.5M)(8.2M)(8.6M)
Net Income Applicable To Common Shares56.2M84.4M109.5M110.5M127.1M133.4M
Net Income56.2M84.4M109.5M110.5M(199.1M)(189.1M)
Income Tax Expense23.3M34.4M42.3M39.3M(1M)(950K)
Net Income From Continuing Ops56.2M84.4M109.5M110.5M(184.3M)(175.0M)
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
Reconciled Depreciation6.6M6.6M6.8M8.7M8.8M7.4M

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.