First Foundation Inc. (FFWM)
NASDAQ: FFWM · Real-Time Price · USD
5.01
-0.16 (-3.09%)
Feb 21, 2025, 4:00 PM EST - Market closed
First Foundation Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 474.32 | 488.72 | 370.08 | 224.82 | 216.8 | Upgrade
|
| Interest Income on Investments | 136.67 | 84.97 | 33.8 | 22.4 | 27.09 | Upgrade
|
| Total Interest Income | 611 | 573.69 | 403.88 | 247.22 | 243.89 | Upgrade
|
| Interest Paid on Deposits | 358.52 | 310.76 | 61.85 | 13.45 | 39.43 | Upgrade
|
| Interest Paid on Borrowings | 69.84 | 60.63 | 23.34 | 0.48 | 7.82 | Upgrade
|
| Total Interest Expense | 428.35 | 371.39 | 85.19 | 13.93 | 47.25 | Upgrade
|
| Net Interest Income | 182.64 | 202.31 | 318.69 | 233.28 | 196.64 | Upgrade
|
| Net Interest Income Growth (YoY) | -9.72% | -36.52% | 36.61% | 18.63% | 15.70% | Upgrade
|
| Trust Income | 36.23 | 35.27 | 38.79 | 36.02 | 29.47 | Upgrade
|
| Gain (Loss) on Sale of Investments | 1.2 | 2.3 | 6.26 | - | - | Upgrade
|
| Other Non-Interest Income | -109.05 | 11.78 | 3.19 | 12.97 | 10.04 | Upgrade
|
| Total Non-Interest Income | -65.87 | 49.35 | 48.23 | 70.45 | 54.65 | Upgrade
|
| Non-Interest Income Growth (YoY) | - | 2.32% | -31.54% | 28.92% | 30.81% | Upgrade
|
| Revenues Before Loan Losses | 116.77 | 251.66 | 366.92 | 303.74 | 251.29 | Upgrade
|
| Provision for Loan Losses | 20.7 | -0.48 | 0.53 | 3.87 | 6.75 | Upgrade
|
| Revenue | 96.07 | 252.14 | 366.39 | 299.87 | 244.55 | Upgrade
|
| Revenue Growth (YoY) | -61.90% | -31.18% | 22.18% | 22.62% | 16.96% | Upgrade
|
| Salaries and Employee Benefits | 83.92 | 82.62 | 106.76 | 85.15 | 71.79 | Upgrade
|
| Occupancy Expenses | 37.5 | 29.36 | 28.6 | 18.42 | 17.81 | Upgrade
|
| Selling, General & Administrative | 18 | 24.3 | 24.77 | 21.54 | 16.2 | Upgrade
|
| Other Non-Interest Expense | 94.04 | 100.66 | 56.47 | 20.37 | 19.97 | Upgrade
|
| Total Non-Interest Expense | 233.45 | 236.95 | 216.59 | 145.48 | 125.78 | Upgrade
|
| EBT Excluding Unusual Items | -137.38 | 15.19 | 149.8 | 154.39 | 118.77 | Upgrade
|
| Pretax Income | -137.38 | -200.06 | 149.8 | 151.79 | 118.77 | Upgrade
|
| Income Tax Expense | -44.97 | -1 | 39.29 | 42.27 | 34.4 | Upgrade
|
| Net Income | -92.41 | -199.06 | 110.51 | 109.51 | 84.37 | Upgrade
|
| Net Income to Common | -92.41 | -199.06 | 110.51 | 109.51 | 84.37 | Upgrade
|
| Net Income Growth | - | - | 0.91% | 29.80% | 50.02% | Upgrade
|
| Basic Shares Outstanding | 66 | 56 | 56 | 45 | 45 | Upgrade
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| Diluted Shares Outstanding | 66 | 56 | 56 | 45 | 45 | Upgrade
|
| Shares Change (YoY) | 16.26% | -0.11% | 24.26% | 1.24% | -0.02% | Upgrade
|
| EPS (Basic) | -1.41 | -3.53 | 1.96 | 2.42 | 1.89 | Upgrade
|
| EPS (Diluted) | -1.41 | -3.53 | 1.96 | 2.41 | 1.88 | Upgrade
|
| EPS Growth | - | - | -18.73% | 28.19% | 50.40% | Upgrade
|
| Dividend Per Share | - | 0.160 | 0.440 | 0.360 | 0.280 | Upgrade
|
| Dividend Growth | - | -63.64% | 22.22% | 28.57% | 40.00% | Upgrade
|
| Effective Tax Rate | - | - | 26.23% | 27.85% | 28.96% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.