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Jun 30, 2024
First Foundation Q2 2024 Earnings Report
Net income of $3.1 million and total revenue of $57.5 million were reported.
Key Takeaways
First Foundation Inc. reported improved financial performance in Q2 2024, with positive growth in net interest income, return on average assets, and earnings per share. The company also completed a $228 million strategic capital investment.
Net income of $3.1 million, or $0.05 per share.
Total revenue of $57.5 million.
Tangible book value per share of $16.43.
Loan to deposit ratio of 93.8% as of June 30, 2024.
Revenue by Segment
Forward Guidance
No forward guidance provided in the document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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