Q1 Earnings Forecast for First Foundation Issued By Wedbush

First Foundation Inc. (NASDAQ:FFWM) – Investment analysts at Wedbush cut their Q1 2025 earnings per share estimates for shares of First Foundation in a research note issued on Wednesday, October 30th. Wedbush analyst D. Chiaverini now anticipates that the bank will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.07. The consensus estimate for First Foundation’s current full-year earnings is ($0.07) per share. Wedbush also issued estimates for First Foundation’s Q2 2025 earnings at $0.06 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.30 EPS and FY2026 earnings at $0.60 EPS.

FFWM has been the topic of a number of other reports. StockNews.com raised First Foundation from a “sell” rating to a “hold” rating in a research report on Wednesday. Stephens lowered First Foundation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $7.80.

First Foundation Stock Down 3.0 %

NASDAQ FFWM opened at $6.74 on Thursday. The stock has a market cap of $380.89 million, a PE ratio of -1.84 and a beta of 1.32. First Foundation has a fifty-two week low of $4.41 and a fifty-two week high of $11.47. The business has a 50 day moving average price of $6.84 and a two-hundred day moving average price of $6.32. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.84.

First Foundation (NASDAQ:FFWM) last released its quarterly earnings results on Tuesday, October 29th. The bank reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.33. The firm had revenue of $61.06 million during the quarter, compared to analysts’ expectations of $60.60 million. First Foundation had a return on equity of 1.07% and a net margin of 1.34%.

Institutional Investors Weigh In On First Foundation

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of First Foundation by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 2,859,870 shares of the bank’s stock valued at $21,592,000 after acquiring an additional 31,026 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of First Foundation by 1.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,877,096 shares of the bank’s stock valued at $12,294,000 after acquiring an additional 24,440 shares in the last quarter. Mendon Capital Advisors Corp raised its position in shares of First Foundation by 144.3% during the 2nd quarter. Mendon Capital Advisors Corp now owns 646,691 shares of the bank’s stock valued at $4,236,000 after acquiring an additional 381,946 shares in the last quarter. Lord Abbett & CO. LLC acquired a new stake in shares of First Foundation during the 1st quarter valued at approximately $3,819,000. Finally, American Century Companies Inc. raised its position in shares of First Foundation by 1.5% during the 2nd quarter. American Century Companies Inc. now owns 500,490 shares of the bank’s stock valued at $3,278,000 after acquiring an additional 7,302 shares in the last quarter. 73.10% of the stock is owned by institutional investors and hedge funds.

About First Foundation

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.