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Mar 31, 2021
First Foundation Q1 2021 Earnings Report
Net income and earnings per share were reported for the first quarter.
Key Takeaways
First Foundation Inc. reported a strong start to 2021, with record loan originations, growth in core deposits, and peak levels of assets under management. Net income was $22.4 million, or $0.50 per diluted share, for the first quarter of 2021.
First quarter net income of $22.4 million and earnings per share of $0.50.
Total revenues of $66.1 million in first quarter 2021.
Return on average assets of 1.25%.
Return on average tangible equity of 14.9%.
First Foundation
First Foundation
First Foundation Revenue by Segment
Revenue by Segment
Banking Revenue
CapyFin.comWealth Management Revenue
CapyFin.com Forward Guidance
As we head into the second quarter and beyond, we are experiencing unprecedented demand and our loan pipeline is at record levels.
Revenue & Expenses
Visualization of income flow from segment revenue to net income