First Foundation Inc.
NASDAQ•FFWM
CEO: Mr. Christopher M. Naghibi Esq.
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2014-11-03
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. The company also provides various specialized services comprising trust services, 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; financial, investment, and economic advisory and related services; and treasury management services, such as bill pay, check/payee/ACH positive pay, wire origination, internal and external transfers, account reconciliation reporting, mobile deposit, lockbox, cash vault services and merchant processing. 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. The company was founded in 1985 and is headquartered in Dallas, Texas.
Contact Information
200 Crescent Court, Suite 1400, Dallas, TX, 75201, United States
469-638-9636
Market Cap
$486.53M
P/E (TTM)
-3.1
14.4
Dividend Yield
--
52W High
$6.72
52W Low
$4.42
52W Range
Rank43Top 50.7%
3.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$136.30M-7.94%
4-Quarter Trend
EPS
-$0.10-42.88%
4-Quarter Trend
FCF
-$28.62M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
NIM Improves Despite Loss Net Interest Margin rose to 1.58% (up 18 bps) driving NII to $187.4M; however, net loss widened to $(155.2)M for the year.
Loan Portfolio Shrinks Total assets decreased 5.9% to $11.90B by year-end 2025; total loans held for investment fell $2.2B to $6.99B due to sales.
Capital Ratios Remain Strong FFB maintained strong capital, with CET1 ratio at 13.97%, significantly exceeding the 6.50% well-capitalized threshold requirements.
Merger Agreement Executed Announced merger with FirstSun Capital Bancorp in October 2025, with expected closing date of April 1, 2026, pending final conditions.
Risk Factors
Credit Provisioning Spikes Provision for credit losses increased sharply to $64.3M in 2025, reflecting revisions to ACL methodology and increased economic uncertainty concerns.
Merger Integration Challenges Combining FFI and FirstSun poses risks regarding balance sheet repositioning, realizing anticipated benefits, and retaining key personnel post-close.
Geographic Concentration Risk High concentration in California (73% of loans) exposes results to regional economic downturns affecting real estate collateral values.
Interest Rate Risk Exposure NIM sensitivity analysis shows potential NII decrease under rising rate shocks, despite current hedging strategies being in compliance.
Outlook
Focus on Merger Completion Primary near-term focus remains successfully closing the FirstSun merger by April 1, 2026, while managing pre-closing operational restrictions.
Credit Quality Monitoring Management revised ACL assumptions due to economic uncertainty; future credit costs remain susceptible to real estate market volatility.
Diversification Strategy Hurdles Loan portfolio diversification plan faces difficulty, cost overruns, and potential failure to realize anticipated benefits during transition period.
Capital Preservation Focus Regulatory capital levels must be maintained above buffers; dividend resumption contingent on earnings and regulatory approval post-merger.
Peer Comparison
Revenue (TTM)
$551.26M
$489.41M
$455.97M
Gross Margin (Latest Quarter)
314.9%
82.9%
77.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| NFBK | $562.56M | 672.3 | 0.1% | 17.2% |
| BHB | $537.59M | 14.5 | 7.4% | 5.8% |
| PFIS | $533.05M | 9.0 | 11.8% | 3.2% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.3%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Deep Research
Next earnings:Apr 28, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data