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.
The company's strong pipeline shows that they are well positioned for 2021.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance