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First Foundation ( (FFWM) ) just unveiled an update.
First Foundation Inc. released a slide presentation for its upcoming investor meetings, highlighting its strategic plan and financial performance for the fourth quarter of 2024. The company reported a challenging financial quarter, with an adjusted net loss and a decrease in tangible book value per share due to capital conversion. Notable activities included the sale of multifamily loans and efforts to strengthen capital and core funding, reflecting a focus on long-term sustainability and performance improvement.
More about First Foundation
First Foundation Inc. operates within the financial services industry, offering banking, private wealth management, and trust services.
YTD Price Performance: 3.47%
Average Trading Volume: 483,716
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $514.8M
Learn more about FFWM stock on TipRanks’ Stock Analysis page.
