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Jun 30, 2021
First Foundation Q2 2021 Earnings Report
Reported net income of $26.1 million and earnings per share of $0.58.
Key Takeaways
First Foundation Inc. reported a strong second quarter with a net income of $26.1 million, or $0.58 per diluted share, and total revenues of $71.9 million. The company experienced record loan originations and deposit growth, while maintaining strong asset quality and improving efficiency.
Net income was $26.1 million and earnings per share was $0.58.
Total revenues reached $71.9 million.
Loan originations hit a record $1.1 billion.
Deposits grew by $861 million.
Revenue by Segment
Forward Guidance
First Foundation's acquisition of TGR Financial is on track with anticipated closing in 4Q21 and core systems conversions in 2Q22.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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