First Foundation Inc. (FFWM)

First Foundation Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	187.4	182.64	202.31	318.69	233.28
Net Interest Income Growth	2.61%	-9.72%	-36.52%	36.61%	18.63%
Non-Interest Income	47.37	-65.87	49.35	48.23	70.45
Non-Interest Income Growth	-	-	2.32%	-31.54%	28.92%
Revenues Before Loan Losses	234.78	116.77	251.66	366.92	303.74
Provision for Credit Losses	64.31	20.7	-0.48	0.53	3.87
Revenue	170.47	96.07	252.14	366.39	299.87
Revenue Growth (YoY)	77.44%	-61.90%	-31.18%	22.18%	22.62%
Compensation Expenses	96.65	83.92	84.3	110.22	87.91
Selling, General & Admin	111.99	119.09	128.8	88.07	45.98
Other Non-Interest Expenses	33.37	30.45	239.11	18.29	14.2
Total Non-Interest Expense	242.02	233.45	452.2	216.59	148.09
Pretax Income	-71.55	-137.38	-200.06	149.8	151.79
Provision for Income Taxes	83.61	-44.97	-1	39.29	42.27
Net Income	-155.16	-92.41	-199.06	110.51	109.51
Net Income to Common	-155.16	-92.41	-199.06	110.51	109.51
Net Income Growth	-	-	-	0.91%	29.80%
Shares Outstanding (Basic)	83	66	56	56	45
Shares Outstanding (Diluted)	83	66	56	56	45
Shares Change (YoY)	25.77%	16.25%	-0.11%	24.26%	1.24%
EPS (Basic)	-1.88	-1.41	-3.53	1.96	2.42
EPS (Diluted)	-1.88	-1.41	-3.53	1.96	2.41
EPS Growth	-	-	-	-18.67%	28.19%
Free Cash Flow	-35.22	-11.45	-0.23	96.91	93.73
Free Cash Flow Growth	-	-	-	3.39%	45.13%
Free Cash Flow Per Share	-0.43	-0.17	-0.00	1.72	2.06
Dividends Per Share	-	0.010	0.160	0.440	0.360
Dividend Growth	-	-93.75%	-63.64%	22.22%	28.57%
Profit Margin	-91.53%	-96.68%	-79.62%	30.49%	37.76%
FCF Margin	-20.78%	-11.98%	-0.09%	26.74%	32.32%
EBITDA	7.65	7.98	8.2	5.07	6.61
EBITDA Margin	4.51%	8.34%	3.28%	1.40%	2.28%
Effective Tax Rate	-116.87%	32.74%	0.50%	26.23%	27.85%

Updated Jan 29, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q