First Foundation (NASDAQ:FFWM – Get Free Report) is scheduled to announce its earnings results before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of ($0.20) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
First Foundation (NASDAQ:FFWM – Get Free Report) last announced its earnings results on Thursday, July 25th. The bank reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05. The business had revenue of $164.57 million during the quarter, compared to the consensus estimate of $54.23 million. First Foundation had a net margin of 1.34% and a return on equity of 1.07%. During the same period 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 First Foundation stock opened at $7.24 on Monday. The company has a market capitalization of $491.23 million, a PE ratio of 48.27 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 company has a 50-day simple moving average of $6.78 and a two-hundred day simple moving average of $6.31. First Foundation has a one year low of $4.41 and a one year high of $11.47.
Analyst Ratings Changes
Check Out Our Latest Research Report on First Foundation
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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