First Foundation Inc
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- Market Cap.:
- $458.47 million
- Book Value:
- Revenue TTM:
- $366.39 million
- Operating Margin TTM:
- Gross Profit TTM:
- $366.39 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
First Foundation Inc had its IPO on 2014-11-03 under the ticker symbol FFWM.
The company operates in the Financial Services sector and Banks-Regional industry. First Foundation Inc has a staff strength of 713 employees.
Shares of First Foundation Inc opened at $8 at the start of the last trading session i.e. 2023-03-30.
The stocks traded within a range of $7.38 - $8.07, and closed at $7.43.
This is a -6.54% slip from the previous day's closing price.
A total volume of 1,525,134 shares were traded at the close of the day’s session.
In the last one week, shares of First Foundation Inc have slipped by -0.54%.
First Foundation Inc's Key Ratios
First Foundation Inc has a market cap of $458.47 million, indicating a price to book ratio of 0.6926 and a price to sales ratio of 2.1891.
In the last 12-months First Foundation Inc’s revenue was $366.39 million with a gross profit of $366.39 million and an EBITDA of $0. The EBITDA ratio measures First Foundation Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, First Foundation Inc’s operating margin was 40.89% while its return on assets stood at 0.95% with a return of equity of 10.05%.
In Q4, First Foundation Inc’s quarterly earnings growth was a negative -39.7% while revenue growth was a positive 12.3%.
First Foundation Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $1.84 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.8. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into First Foundation Inc’s profitability.
First Foundation Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1891.
First Foundation Inc stock pays annual dividends of $0.44 per share, indicating a yield of 5.53% and a payout ratio of 22%.
Balance sheet and cash flow metrics
- Total Assets
- $13.01 billion
- Total Liabilities
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
First Foundation Inc ended 2023 with $13.01 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $13.01 billion while shareholder equity stood at $1.13 billion.
First Foundation Inc ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, 56000.00 in common stock, $426.66 million in retained earnings and $0 in goodwill. Its cash balance stood at $656.49 million and cash and short-term investments were $882.65 million. The company’s total short-term debt was $0 while long-term debt stood at $1.37 billion.
First Foundation Inc’s total current assets stands at $893.84 million while long-term investments were $1.09 billion and short-term investments were $226.16 million. Its net receivables were $0 compared to accounts payable of $147.25 million and inventory worth $0.
In 2023, First Foundation Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, First Foundation Inc paid $0.22 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
First Foundation Inc stock is currently trading at $7.43 per share. It touched a 52-week high of $24.115 and a 52-week low of $24.115. Analysts tracking the stock have a 12-month average target price of $17.6.
Its 50-day moving average was $13.11 and 200-day moving average was $16.39 The short ratio stood at 1.07 indicating a short percent outstanding of 0%.
Around 1090.5% of the company’s stock are held by insiders while 7048.4% are held by institutions.
Frequently Asked Questions About First Foundation Inc
Similar Industry Stocks (Banks-Regional)
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 bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal 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, and 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. The company also provides various specialized services comprising online and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, it offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, the company provides support services, including the processing and transmission of financial and economic data for charitable organizations. It operates through a network of branch offices and loan production offices in California, Florida, Nevada, Texas, and Hawaii. The company was founded in 1985 and is headquartered in Dallas, Texas.