First Foundation Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

Rhea-AI Summary

First Foundation Inc. (NASDAQ: FFWM) announced its financial results for the year and quarter ending December 31, 2020. The report reveals significant insights into the company's performance and recent activities. Chief Executive Officer Scott F. Kavanaugh and Chief Financial Officer Kevin Thompson will discuss these results in a live webcast scheduled for 8 a.m. PT. The company, which offers personal banking, business banking, and private wealth management services, aims to differentiate itself through personalized service and a comprehensive suite of financial products.

Positive

• Broad range of financial services offered, enhancing client accessibility.
• Focus on personalized service differentiates FFWM from competitors.
• Strong growth in client base due to comprehensive financial offerings.

Negative

• None.

First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), reported today its financial results for the quarter and year ended December 31, 2020.

The detailed earnings report and investor presentation can be accessed online at https://investor.ff-inc.com/financials/quarterly-results/default.aspx.

At 8 a.m. PT / 11 a.m. ET, Chief Executive Officer Scott F. Kavanaugh and Chief Financial Officer Kevin Thompson and other executive members of First Foundation will host a discussion of the Company’s financial results and performance and provide an update on recent activities.

The call will be broadcast live over the Internet and can be accessed using the link below:
First Foundation Q4 Earnings Webcast. The call can also be accessed by dialing in using the following toll-free number, (866) 342-6659 and conference ID, 4889675.

About First Foundation

First Foundation, Inc. (NASDAQ: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. This comprehensive platform of financial services is designed to help clients at any stage in their financial journey. First Foundation is comprised of an extraordinary team of financial professionals united around a single cause: to enable growth-minded individuals and businesses to boldly live the life they imagined and preserve the legacy they have worked so hard to build. The broad range of financial products and services offered by First Foundation are more consistent with those offered by larger financial institutions, while its high level of personalized service, accessibility, and responsiveness to clients is more aligned with community banks and boutique wealth management firms. This combination of an integrated platform of comprehensive financial services and the products along with personalized service differentiates First Foundation from many of its competitors and has contributed to the growth of its client base and business. Services are offered through bank and/or wealth management branch offices in California, Nevada, and Hawaii.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210126005190/en/

FAQ

What are First Foundation's Q4 earnings results for 2020?

First Foundation reported its financial results for the quarter and year ended December 31, 2020, showcasing key metrics and performance insights.

Where can I access First Foundation's detailed earnings report?

The detailed earnings report and investor presentation can be accessed at First Foundation's investor relations website.

When will First Foundation host its earnings call?

First Foundation will host its earnings call on the morning of January 26, 2021, at 8 a.m. PT / 11 a.m. ET.

How does First Foundation differentiate itself from competitors?

First Foundation stands out due to its personalized service and a comprehensive platform of financial products, similar to larger institutions but with community bank accessibility.