FY2026 Earnings Forecast for First Foundation Inc. (NASDAQ:FFWM) Issued By Wedbush

First Foundation Inc. (NASDAQ:FFWM) – Research analysts at Wedbush issued their FY2026 EPS estimates for First Foundation in a research note issued on Tuesday, September 24th. Wedbush analyst D. Chiaverini anticipates that the bank will post earnings per share of $0.55 for the year. Wedbush currently has a “Neutral” rating and a $5.00 price objective on the stock. The consensus estimate for First Foundation’s current full-year earnings is ($0.06) per share.

First Foundation (NASDAQ:FFWM) last issued its earnings results on Thursday, July 25th. The bank reported $0.06 EPS for the quarter, topping the consensus estimate of $0.01 by $0.05. The business had revenue of $164.57 million during the quarter, compared to analysts’ expectations of $54.23 million. First Foundation had a return on equity of 1.07% and a net margin of 1.34%. During the same quarter last year, the firm posted $0.07 earnings per share.

A number of other brokerages have also recently issued reports on FFWM. DA Davidson raised First Foundation from a “neutral” rating to a “buy” rating and upped their target price for the stock from $8.00 to $9.00 in a research report on Wednesday, July 3rd. StockNews.com lowered shares of First Foundation from a “hold” rating to a “sell” rating in a research note on Friday, July 26th. Piper Sandler reissued a “neutral” rating and set a $6.00 target price on shares of First Foundation in a research report on Wednesday, July 3rd. Raymond James downgraded First Foundation from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 3rd. Finally, Stephens boosted their price objective on First Foundation from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $7.80.

First Foundation Trading Down 2.0 %

NASDAQ:FFWM opened at $6.29 on Wednesday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $426.78 million, a P/E ratio of -1.72 and a beta of 1.33. The stock’s 50 day moving average price is $6.59 and its 200 day moving average price is $6.38. First Foundation has a 52 week low of $4.41 and a 52 week high of $11.47.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FFWM. Cubist Systematic Strategies LLC acquired a new position in shares of First Foundation during the second quarter worth about $563,000. Mendon Capital Advisors Corp boosted its position in First Foundation by 144.3% during the 2nd quarter. Mendon Capital Advisors Corp now owns 646,691 shares of the bank’s stock worth $4,236,000 after acquiring an additional 381,946 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of First Foundation by 8.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,759 shares of the bank’s stock worth $136,000 after acquiring an additional 1,632 shares in the last quarter. Elizabeth Park Capital Advisors Ltd. raised its holdings in shares of First Foundation by 26.7% in the second quarter. Elizabeth Park Capital Advisors Ltd. now owns 463,953 shares of the bank’s stock valued at $3,039,000 after purchasing an additional 97,732 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of First Foundation by 65.4% in the second quarter. AQR Capital Management LLC now owns 253,119 shares of the bank’s stock valued at $1,658,000 after purchasing an additional 100,070 shares during the last quarter. 73.10% of the stock is currently owned by institutional investors.

First Foundation Company Profile

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.