NYSE$FFWM
First Foundation Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported strong third quarter results with increased revenue and net income
First Foundation Inc. reported a strong third quarter in 2021, with net income reaching $37.2 million, or $0.83 per diluted share, and total revenues of $89.9 million. The company saw improvements in key financial metrics such as return on average assets and tangible equity, coupled with strategic investments and expansion into new markets.
- Net income for the third quarter reached $37.2 million, translating to earnings per share of $0.83.
- Total revenues for the third quarter amounted to $89.9 million.
- Return on average assets stood at 1.88%.
- Return on average tangible equity was 22.9%.
Headline financials
Revenue & EPS history
First Foundation · Revenue · Quarterly
$89.9M
Revenue by segment
First Foundation · $90.3M total across 2 segments · Q3 2021
- Banking$82.4M—91.3%
- Wealth Management$7.86M—8.7%
Forward guidance
Acquisition of TGR Financial is anticipated to close in 4Q21 and core systems conversions in 2Q22.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
+0.1%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+1.9%
Avg return
30 days after
55%
28 / 51 earnings
Positive
+22.0%
Q2 2023
Best reaction
-13.8%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q4 2025 | +1.8% | +8.8% | -2.0% | |
| Q3 2025 | -0.2% | -1.9% | -0.2% | |
| Q2 2025 | +0.4% | +4.5% | +22.2% | |
| Q1 2025 | +1.0% | +6.8% | +3.8% | |
| Q4 2024 | -12.8% | -18.2% | -18.7% | |
| Q3 2024 | -10.6% | -13.6% | +4.0% | |
| Q2 2024 | +5.5% | +3.3% | +3.0% | |
| Q1 2024 | -13.8% | -22.3% | -16.0% | |
| Q4 2023 | -5.2% | -6.1% | -26.8% | |
| Q3 2023 | +0.0% | -7.2% | +19.2% | |
| Q2 2023 | +22.0% | +23.6% | +26.8% | |
| Q1 2023 | +3.6% | -20.9% | -30.1% | |
| Q4 2022 | -0.6% | -1.3% | -5.0% | |
| Q3 2022 | -12.1% | -10.3% | -23.8% | |
| Q2 2022 | +3.6% | +3.0% | +0.8% | |
| Q1 2022 | -5.8% | -6.1% | -6.0% | |
| Q4 2021 | +1.0% | +1.4% | +3.0% | |
| Q3 2021 | -3.0% | -1.4% | +3.5% | |
| Q2 2021 | +4.6% | +6.5% | +7.1% | |
| Q1 2021 | -0.0% | +0.2% | +5.6% | |
| Q4 2020 | -4.4% | -5.5% | +10.4% | |
| Q3 2020 | -4.8% | -2.4% | +28.3% | |
| Q2 2020 | +7.8% | +8.0% | +2.8% | |
| Q1 2020 | +6.0% | +21.6% | +28.0% | |
| Q4 2019 | +3.3% | +1.9% | -8.6% | |
| Q3 2019 | +2.4% | +1.4% | +4.9% | |
| Q2 2019 | +7.2% | +8.6% | +0.3% | |
| Q1 2019 | +0.3% | +4.3% | -2.0% | |
| Q4 2018 | +0.1% | +1.0% | +6.6% | |
| Q3 2018 | +6.4% | +12.1% | +13.0% | |
| Q2 2018 | -12.8% | -15.3% | -11.9% | |
| Q1 2018 | -2.2% | +0.3% | +4.6% | |
| Q4 2017 | +0.1% | -3.6% | -3.6% | |
| Q3 2017 | +1.8% | -1.8% | -0.7% | |
| Q2 2017 | +3.8% | +2.4% | -0.2% | |
| Q1 2017 | +1.8% | -0.1% | +1.0% | |
| Q4 2016 | +4.6% | +7.0% | +4.1% | |
| Q3 2016 | +0.5% | -1.3% | +16.4% | |
| Q2 2016 | +5.1% | +2.0% | +9.6% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | +0.3% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q2 2015 | -0.3% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2014 | -1.1% | — | — | |
| Q2 2012 | -1.1% | — | — | |
| Q4 2012 | -1.1% | — | — | |
| Q3 2012 | -1.1% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q3 2013 | +2.4% | — | — | |
| Q2 2014 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q1 2014 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro