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Dec 31, 2020
First Foundation Q4 2020 Earnings Report
First Foundation reported strong fourth quarter results driven by loan originations and deposit growth.
Key Takeaways
First Foundation Inc. reported a net income of $22.4 million, or $0.50 per diluted share, for Q4 2020. The company experienced record loan originations and deposit growth. The board approved a quarterly cash dividend of $0.09 per common share.
Net income of $22.4 million and earnings per share of $0.50.
Total revenues of $63.1 million.
Return on average assets of 1.33%.
Tangible book value per share increased to $13.44.
First Foundation
First Foundation
First Foundation Revenue by Segment
Revenue by Segment
Banking Revenue
CapyFin.comWealth Management Revenue
CapyFin.comOther and Eliminations Revenue
CapyFin.com Forward Guidance
The company's strong pipeline shows that they are well positioned for 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income