NYSE$FFWM
First Foundation Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported third quarter 2022 results with net income of $29.0 million and EPS of $0.51.
First Foundation Inc. reported a decrease in net income to $29.0 million, with diluted earnings per share at $0.51 for Q3 2022. The company's revenue was $99.9 million. Despite a challenging economic environment, the company maintained strong credit quality and a net interest margin of 3.10%.
- Third quarter net income of $29.0 million and earnings per share of $0.51.
- Total revenues of $99.9 million in third quarter 2022.
- Return on average assets of 0.98%.
- Return on average tangible equity of 13.2%.
Headline financials
Revenue & EPS history
First Foundation · Revenue · Quarterly
$99.9M
Revenue by segment
First Foundation · $102M total across 2 segments · Q3 2022
- Banking$95.2M+15.5%93.7%
- Wealth Management$6.45M-17.9%6.3%
Forward guidance
Strategic focus heading into the fourth quarter is centered around protecting the balance sheet, building liquidity, competitively pursing deposits, and the continued retention of valuable clients.
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 2022
+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 | — | — | — |
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