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Signal8

FFWM (FFWM)

First Foundation Inc. logo

First Foundation Inc.

NYSE:FFWMFinancial Services
Mkt Cap-
Float71.72M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$588.36M
Net Income-$155.16M
Total Assets$11.9B
Free Cash Flow-$35.22M
Debt & Equity
Debt 62%
Equity 35%
Preferred 3%
Total Debt$1.6B
Total Equity$912.59M
Preferred Stock$86.8M
Shares Outstanding
Short Interest
Split History1 split
  1. 2:1Forward split
    Jan 19, 20171 share → 2
Balance Sheet Details
Assets$11.9B
Liabilities$10.99B
Accounts Receivable$45.82M
Accounts Payable$0
Inventory$0
PP&E (Net)$34.66M
Goodwill$0
Intangible Assets$2.4M
Income Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Revenue$588.36M$481.54M$546.24M$413.93M$308.9M$291.09M$272.68M$228M$168.48M$133.52M$93.24M$72.15M$59.01M$47.49M$40.72M
YoY Growth22.2%-11.8%32.0%34.0%6.1%6.8%19.6%35.3%26.2%43.2%29.2%22.3%24.2%16.6%-
Cost of Revenue$417.89M$449.05M$370.9M$85.72M$17.8M$53.99M$81.44M$55.92M$25.95M$15.87M$8.95M$4.82M$5.9M$5.21M$40.72M
Gross Profit$170.47M$32.49M$175.33M$328.21M$291.1M$237.1M$191.24M$172.08M$142.53M$117.65M$84.29M$67.33M$53.1M$42.28M$0
Gross Margin29.0%6.7%32.1%79.3%94.2%81.5%70.1%75.5%84.6%88.1%90.4%93.3%90.0%89.0%-
Research and Development$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Selling, General, and Administrative$131.35M$83.92M$84.3M$110.22M$87.91M$73.87M$69.93M$67.51M$56.56M$48.57M$40.46M$33.55M$28.76M$23.27M$10.68M
Other$110.67M$85.95M$291.1M$68.19M$51.4M$44.47M$41.8M$44.49M$35.38M$30.74M$21M$18.96M$14.86M$11.21M-$5.34M
Total Operating Expenses$242.02M$169.87M$375.4M$178.41M$139.31M$118.33M$111.74M$112M$91.94M$79.31M$61.46M$52.51M$43.62M$34.48M$5.34M
Operating Income (EBIT)-$71.55M-$137.38M-$200.06M$149.8M$151.78M$118.77M$79.5M$60.09M$50.6M$38.33M$22.83M$14.82M$9.48M$7.81M$9.1M
Operating Margin-12.2%-28.5%-36.6%36.2%49.1%40.8%29.2%26.4%30.0%28.7%24.5%20.5%16.1%16.4%22.3%
Interest Expense$353.59M$428.35M$371.39M$85.19M$13.93M$47.25M$78.81M$51.7M$23.18M$11.19M$6.28M$4.58M$3.51M$3.15M$90K
Interest Income$540.99M$611M$573.69M$403.88M$247.22M$243.89M$248.76M$207.31M$136.8M$100.64M$64.47M$47.4M$39.18M$30.87M$0
Other Income (Expense)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Income Before Tax (EBT)-$71.55M-$137.38M-$200.06M$149.8M$151.78M$118.77M$79.5M$60.09M$50.6M$38.33M$22.83M$14.82M$9.48M$7.81M$9.1M
Income Tax Expense$83.61M-$44.97M-$1M$39.29M$42.27M$34.4M$23.26M$17.13M$23.02M$15.03M$9.45M$6.43M$1.63M$2.01M$0
Net Income-$155.16M-$92.41M-$199.06M$110.51M$109.51M$84.37M$56.24M$42.96M$27.58M$23.3M$13.38M$8.39M$7.85M$5.8M$9.1M
Net Income Margin-26.4%-19.2%-36.4%26.7%35.5%29.0%20.6%18.8%16.4%17.5%14.3%11.6%13.3%12.2%22.3%
Supplementary Data
EPS-1.88-1.41-3.531.962.421.891.261.020.800.720.600.540.390.290.46
Diluted EPS-1.88-1.41-3.531.962.411.881.251.010.780.700.580.510.390.290.46
Weighted Average OS82.51M65.60M56.43M56.42M44.64M44.64M44.62M42.09M34.48M32.37M22.31M15.47M19.91M19.91M19.91M
EBITDA-$63.9M-$129.41M-$191.87M$158.51M$158.63M$125.4M$86.1M$65.96M$53.93M$40.62M$24.36M$16.05M$10.52M$8.4M$9.44M
EBITDA Margin-10.9%-26.9%-35.1%38.3%51.4%43.1%31.6%28.9%32.0%30.4%26.1%22.2%17.8%17.7%23.2%
Balance Sheet
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Assets
Current Assets
Cash and Cash Equivalents$1.62B$1.02B$1.33B$656.49M$1.12B$629.71M$65.39M$67.31M$120.39M$597.95M$215.75M$29.69M$56.95M$63.11M$0
Short-Term Investments$2.43B$1.31B$703.23M$226.16M$1.19B$807.43M$1.01B$809.57M$519.36M$509.58M$565.13M$138.27M$59.11M$5.81M$0
Cash and Short-Term Investments$4.06B$2.33B$2.03B$882.65M$2.31B$1.44B$1.08B$876.88M$639.76M$1.11B$780.88M$167.96M$116.06M$68.92M$0
Accounts Receivable$45.82M$54.8M$54.16M$51.36M$0$0$0$0$0$0$0$0$0$0$0
Inventory$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Current Assets$0$0$8.22M$0$0$0$0$0$0$0$0$0$0$0$10.1M
Total Current Assets$4.1B$2.38B$2.09B$934.01M$2.31B$1.44B$1.08B$876.88M$639.76M$1.11B$780.88M$167.96M$116.06M$68.92M$10.1M
Long-Term Assets
Property, Plant & Equipment Net$34.66M$35.81M$39.92M$36.14M$37.92M$8.01M$8.36M$9.14M$6.58M$6.73M$2.65M$2.19M$3.25M$2.38M$1.23M
Goodwill$0$0$0$215.25M$0$0$0$0$27.28M$0$0$0$0$0$0
Intangible Assets$2.4M$3.56M$4.95M$6.58M$222.13M$95.3M$0$0$6.3M$0$0$0$0$0$0
Long-Term Investments$7.54B$9.94B$10.94B$11.56B$7.37B$5.29B$5.03B$4.78B$3.8B$2.79B$1.75B$1.16B$893.73M$735.29M$4.88M
Deferred Tax Assets$0$76.65M$29.14M$24.2M$20.84M$8.6M$11.08M$13.25M$12.14M$16.81M$15.39M$9.75M$12.05M$10.05M$4.66M
Other Long-Term Assets-$7.54B$205.21M$231.04M$242.99M$227.8M$123.11M$87.59M$59.34M$49.42M$50.91M$36.35M$19.09M$12.26M$13.86M$530.72M
Total Long-Term Assets$37.06M$10.26B$11.24B$12.08B$7.88B$5.52B$5.23B$4.96B$3.9B$2.87B$1.81B$1.19B$921.29M$761.59M$541.49M
Other Assets$7.77B$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Assets$11.9B$12.65B$13.33B$13.01B$10.2B$6.96B$6.31B$5.84B$4.54B$3.98B$2.59B$1.36B$1.04B$830.51M$551.58M
Liabilities
Current Liabilities
Accounts Payable$0$0$0$147.25M$110.07M$79.02M$66.42M$40.26M$24.71M$14.34M$0$0$0$0$0
Short-Term Debt$24.79M$431.82M$515.84M$1.18B$173.07M$0$0$0$0$0$0$0$0$0$0
Current Income Tax Payable$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Current Unearned Revenue$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Current Liabilities$0$9.44B$10.17B$9.18B$8.64B$5.91B$4.89B$4.53B$3.44B$2.43B$1.52B$962.95M$802.04M$649.74M$79.79M
Total Current Liabilities$24.79M$9.87B$10.69B$10.51B$8.92B$5.99B$4.96B$4.57B$3.47B$2.44B$1.52B$962.95M$802.04M$649.74M$79.79M
Long-Term Liabilities
Long-Term Debt$1.6B$1.6B$1.58B$1.37B$210.13M$269M$743M$708M$678M$1.25B$796M$282.9M$141.1M$100M$91M
Long-Term Unearned Revenue$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Long-Term Deferred Tax Liabilities$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Long-Term Liabilities$9.39B$122.8M$130.52M$0$0$0$0$0$0$0$14.67M$10.07M$7.46M$7.19M$331.59M
Total Long-Term Liabilities$10.99B$1.72B$1.71B$1.37B$210.13M$269M$743M$708M$678M$1.25B$810.67M$292.97M$148.56M$107.19M$422.59M
Other Liabilities$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities$10.99B$11.59B$12.4B$11.88B$9.13B$6.26B$5.7B$5.28B$4.15B$3.69B$2.33B$1.26B$950.6M$756.93M$502.39M
Stockholders' Equity
Preferred Stock$86.8M$87.65M$0$0$0$0$0$0$0$0$0$0$0$0$0
Common Stock$83K$82K$56K$56K$56K$45K$45K$44K$38K$16K$16K$8K$8K$7K$6K
Retained Earnings-$30.12M$125.04M$218.57M$426.66M$340.98M$247.64M$175.77M$128.46M$85.5M$57.06M$33.76M$20.38M$11.99M$4.14M-$1.66M
Comprehensive Income & Other$556K-$8.91M-$14.19M-$11.94M$2.27M$14.09M$4.28M-$1.15M-$5.09M-$5.25M-$1.3M$900K-$1.57M$0-$14K
Other Stockholders' Equity$942.62M$928.24M$706.71M$707.66M$723.02M$448.03M$438.05M$430.68M$309.41M$227.18M$225.96M$79.1M$74.76M$69.43M$50.85M
Total Equity$912.59M$1.05B$925.34M$1.13B$1.06B$695.71M$613.87M$559.18M$394.95M$284.26M$259.74M$99.5M$86.76M$73.58M$49.2M
Minority Interest$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities and Equity$11.9B$12.65B$13.33B$13.01B$10.2B$6.96B$6.31B$5.84B$4.54B$3.98B$2.59B$1.36B$1.04B$830.51M$551.58M
Supplementary Data
Total Debt$1.6B$1.6B$1.58B$1.37B$210.13M$269M$743M$708M$678M$1.25B$796M$282.9M$141.1M$100M$91M
Net Debt-$20.83M$582.7M$255.82M$713.44M-$911.63M-$360.71M$677.61M$640.69M$557.61M$652.05M$580.25M$253.21M$84.15M$36.89M$91M
Cash Flow Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-31
Operating Activities
Net Income-$155.16M-$92.41M-$199.06M$110.51M$109.51M$84.37M$56.24M$42.96M$27.58M$23.3M$13.38M$8.39M$7.85M$5.8M$9.1M
Depreciation & Amortization$7.65M$7.97M$8.2M$8.71M$6.84M$6.63M$6.61M$5.87M$3.33M$2.28M$1.53M$1.23M$1.04M$591K$339K
Deferred Income Tax$73.61M-$49.77M-$3.61M$487K-$1.58M-$1.58M-$73K$1.19M$4.51M$1.34M-$1.87M$576K-$1.27M-$2.05M$0
Stock-Based Compensation$5.34M$1.95M$1.67M$3.47M$2.76M$2.08M$1.63M$2.64M$1.84M$899K$613K$451K$579K$720K$0
Changes in Working Capital:
  Accounts Receivable$9.12M$19.53M$11.22M-$39M-$39.17M$0$0$0$0$0$0$0$0$0$0
  Inventory$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
  Accounts Payable-$35.64M-$16.61M-$17.9M$16.29M$23.34M$12.59M$5.93M$4.44M$7.11M-$323K$4.74M$3.06M$703K$2.38M$0
  Other Working Capital$0$0$0$0$0-$38.9M-$1.35M-$3.26M-$1.54M-$2.09M-$3.65M-$1.24M-$366K-$1.08M-$264K
Total Working Capital Change-$26.52M$2.92M-$6.68M-$22.71M-$15.84M-$26.31M$4.58M$1.18M$5.57M-$2.41M$1.09M$1.82M$337K$1.3M-$264K
Other Non-Cash Items$63.17M$120.54M$207.4M$1.03M-$4.76M$2.25M-$8.54M-$2.85M-$4.96M-$5.64M-$874K-$3.11M-$574K$2.06M-$4.29M
Net Cash from Operating-$31.91M-$8.78M$7.92M$101.49M$96.94M$67.44M$60.44M$50.98M$37.87M$19.77M$13.87M$9.36M$7.97M$8.43M$4.88M
Investing Activities
Capital Expenditures-$3.32M-$2.73M-$8.21M-$4.58M-$3.21M-$2.86M-$2.23M-$2.71M-$2.23M-$5.93M-$1.75M-$169K-$1.91M-$1.37M-$982K
Acquisitions$0$0$0$0$1.15B$0$0$47.58M$91.02M$0$38.08M$0$0$34.89M$0
Purchases of Investments-$2.03B-$1.87B-$667.47M-$172.65M-$454.79M-$56.63M-$577.8M-$365.52M-$29.34M-$145.61M-$446.65M-$83.53M-$62.66M-$19.1M-$10.2M
Sales of Investments$1.02B$1.36B$266.74M$252.66M$271.65M$270.48M$379.47M$91.18M$135.77M$195.27M$22.83M$8.39M$6.61M$32.49M$13.89M
Other Investing Activities$2.24B$804.98M$541.72M-$3.32B-$1.04B-$235.88M-$226.48M-$450.08M-$764.19M-$1.04B-$528.97M-$265M-$155.84M-$132.93M-$188M
Net Cash from Investing$1.22B$287.36M$132.78M-$3.25B-$79.37M-$24.9M-$427.04M-$679.55M-$568.98M-$1B-$916.47M-$340.31M-$213.8M-$86.02M-$185.29M
Financing Activities
Debt Repaid-$12.5M-$55.01M$19.94M-$148.08M-$17.09M-$4M-$5M$45M-$42M---$144M-$41.06M-$9M-$11M
Common Stock Issuance$1K$214.48M$158K$18K$2.76M$915K$334K$13.7M$28.39M$4.27M$136.16M$949K$0$0$0
Common Stock Repurchases-$433K-$149K-$538K-$4.62M-$1.72M-$2.82M-$23K-$497K$0$0$0$0$0$0$0
Dividends Paid$0-$1.13M-$9.02M-$24.83M-$16.17M-$12.5M-$8.93M$0$0$0$0$0$0$0$0
Other Financing Activities-$593.06M-$818.65M$326.32M$1.55B$727.54M$1.01B$338.29M$611.86M$605.17M$904.62M$439.38M$160.92M$152.3M$115.99M$123.56M
Net Cash from Financing-$580.99M-$589.08M$529.44M$2.68B$474.49M$521.77M$364.68M$575.49M$53.56M$1.36B$1.09B$303.69M$199.68M$130.6M$134.56M
Forex Effect$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Change in Cash$608.74M-$310.5M$670.13M-$465.26M$492.05M$564.32M-$1.93M-$53.08M-$477.55M$382.2M$186.06M-$27.26M-$6.15M$53.01M$0
Supplementary Data
Operating Cash Flow-$31.91M-$8.78M$7.92M$101.49M$96.94M$67.44M$60.44M$50.98M$37.87M$19.77M$13.87M$9.36M$7.97M$8.43M$4.88M
Capital Expenditure-$3.32M-$2.73M-$8.21M-$4.58M-$3.21M-$2.86M-$2.23M-$2.71M-$2.23M-$5.93M-$1.75M-$169K-$1.91M-$1.37M-$982K
Free Cash Flow-$35.22M-$11.51M-$287K$96.91M$93.73M$64.58M$58.21M$48.27M$35.64M$13.84M$12.12M$9.19M$6.06M$7.06M$3.9M
Cash at Beginning$1.02B$1.33B$656.49M$1.12B$629.71M$65.39M$67.31M$120.39M$597.95M$215.75M$29.69M$56.95M$63.11M$10.1M$0
Cash at End$1.62B$1.02B$1.33B$656.49M$1.12B$629.71M$65.39M$67.31M$120.39M$597.95M$215.75M$29.69M$56.95M$63.11M$0