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First Foundation Inc. - FFWM STOCK NEWS

Welcome to our dedicated page for First Foundation news (Ticker: FFWM), a resource for investors and traders seeking the latest updates and insights on First Foundation stock.

First Foundation Inc. (symbol: FFWM) is a comprehensive financial institution that has been serving clients since 1990. Headquartered in Orange County, California, the company extends its services across California, Nevada, and Hawaii. First Foundation offers an array of integrated financial solutions, including investment management, wealth planning, consulting, trust services, banking, and insurance services.

The company is dedicated to enhancing the wealth and well-being of its clients by providing a single source for all financial needs. This client-centric approach is underpinned by their core values:

  • Listen: Understanding client needs through active listening.
  • Respect: Treating clients with understanding and compassion.
  • Collaborate: Working together with clients to achieve their financial goals.
  • Innovate: Supporting new ideas to serve clients better.
  • Serve: Being timely and proactive in client response.

First Foundation specializes in catering to high-net-worth individuals, retirement plans, charitable institutions, and private foundations. Their services are divided into two main segments: Banking and Wealth Management. They also offer loans to individuals and entities involved in multifamily residential and commercial real estate, as well as business banking solutions for small to moderate-sized businesses and professional firms.

In recent achievements, First Foundation has continued to expand its reach and enhance its service offerings through strategic partnerships and innovative financial products. The firm remains committed to its mission of providing integrated financial services to meet the diverse needs of its clients.

For the latest updates and financial news, investors and clients can check the most recent developments directly on their news section.

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First Foundation Inc. (NASDAQ: FFWM) Reports Q2 2023 Financial Results and Hosts Earnings Call
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First Foundation Inc. urges stockholders to vote for the current Board of Directors in its investor presentation filed with the SEC. The presentation highlights the company's outperformance in the stock market, growth in assets, and proactive measures taken to mitigate the effects of rising interest rates. The current Board is well-suited to continue overseeing the execution of the company's strategy.
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First Foundation Inc. has filed definitive proxy materials with the SEC for its 2023 Annual Meeting of Stockholders. The company is urging stockholders to vote in favor of its board nominees and against the nominee put forth by activist hedge fund, Driver Management.
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Rhea-AI Summary

First Foundation Inc. (NASDAQ: FFWM) announced its financial results for Q1 2023, showcasing a solid performance in personal and business banking along with private wealth management services.

The detailed earnings report is accessible online, with a live call scheduled for 8 a.m. PT to discuss the results.

FFWM offers a competitive range of financial products designed to cater to customers at various financial stages, alongside a personalized service model. This strategy has contributed to a growth in its client base, aligning it with larger financial institutions while maintaining community-oriented service.

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First Foundation Inc. (NASDAQ: FFWM) has appointed Gabriel Vazquez as an independent director to its Board of Directors, enhancing board diversity and independence. With this addition, the board now comprises ten directors, seven of whom are independent. Vasquez, currently serving as Vice President and Associate General Counsel for Vistra Corp., brings significant legal, financial, and operational experience. He will stand for election at the upcoming 2023 Annual Meeting of Stockholders. Lead Independent Director Max Briggs highlighted his strong background in regulated businesses, while CEO Scott Kavanaugh noted his expertise will aid in navigating risks and scaling operations in a changing market.

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First Foundation Inc. (NASDAQ: FFWM) announced it will release its first quarter 2023 earnings results on April 27 before the market opens. At 11:00 AM ET, CEO Scott F. Kavanaugh will host a discussion on the financial results and recent company activities. Investors can access the earnings webcast via First Foundation's website or by telephone at 800-274-8461 with Conference ID FFWMQ123. An archive of the call will be available later on their investor relations page. First Foundation provides a comprehensive range of financial services, including personal and business banking, investment, trust, insurance, and philanthropy services, distinguishing itself with personalized service and accessibility that aligns more with community banks and boutique wealth management firms.

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FAQ

What is the current stock price of First Foundation (FFWM)?

The current stock price of First Foundation (FFWM) is $6.21 as of December 20, 2024.

What is the market cap of First Foundation (FFWM)?

The market cap of First Foundation (FFWM) is approximately 509.4M.

What services does First Foundation Inc. provide?

First Foundation Inc. offers investment management, wealth planning, consulting, trust services, banking, and insurance services.

Where is First Foundation Inc. headquartered?

First Foundation Inc. is headquartered in Orange County, California.

When was First Foundation Inc. established?

First Foundation Inc. was established in 1990.

Which segments does First Foundation Inc. focus on?

First Foundation Inc. focuses on Banking and Wealth Management.

Who are the primary clients of First Foundation Inc.?

First Foundation Inc. serves high-net-worth individuals, retirement plans, charitable institutions, and private foundations.

What types of loans does First Foundation Inc. offer?

First Foundation Inc. offers loans to individuals and entities that own and operate multifamily residential and commercial real estate properties.

Does First Foundation Inc. provide business banking solutions?

Yes, First Foundation Inc. provides business banking products and services to small to moderate-sized businesses and professional firms.

In which states does First Foundation Inc. operate?

First Foundation Inc. operates in California, Nevada, and Hawaii.

What are the core values of First Foundation Inc.?

The core values of First Foundation Inc. include listening, respect, collaboration, innovation, and service.

How can I stay updated with the latest news about First Foundation Inc.?

For the latest updates and financial news, you can check the news section on their website.

First Foundation Inc.

Nasdaq:FFWM

FFWM Rankings

FFWM Stock Data

509.43M
76.57M
7.22%
77.72%
6.13%
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