First Foundation Future Growth

Future criteria checks 5/6

First Foundation is forecast to grow earnings and revenue by 111.1% and 43.3% per annum respectively. EPS is expected to grow by 111.2% per annum. Return on equity is forecast to be 5.9% in 3 years.

Key information

111.1%

Earnings growth rate

111.2%

EPS growth rate

Banks earnings growth	0.3%
Revenue growth rate	43.3%
Future return on equity	5.9%
Analyst coverage	Low
Last updated	22 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:8F1 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	345	73	N/A	N/A	4
12/31/2025	307	46	N/A	N/A	5
12/31/2024	187	-75	N/A	N/A	5
9/30/2024	108	-76	-28	-24	N/A
6/30/2024	231	9	-30	-22	N/A
3/31/2024	233	-207	-4	3	N/A
12/31/2023	252	-199	-2	6	N/A
9/30/2023	277	-184	36	43	N/A
6/30/2023	311	-157	53	57	N/A
3/31/2023	346	88	65	71	N/A
12/31/2022	366	111	96	101	N/A
9/30/2022	358	117	122	127	N/A
6/30/2022	348	125	122	127	N/A
3/31/2022	325	118	101	105	N/A
12/31/2021	300	110	94	97	N/A
9/30/2021	291	108	84	87	N/A
6/30/2021	275	102	77	80	N/A
3/31/2021	259	94	97	99	N/A
12/31/2020	245	84	65	67	N/A
9/30/2020	235	77	61	64	N/A
6/30/2020	218	64	62	65	N/A
3/31/2020	212	58	48	50	N/A
12/31/2019	209	56	58	60	N/A
9/30/2019	206	55	53	56	N/A
6/30/2019	204	53	57	59	N/A
3/31/2019	195	45	49	52	N/A
12/31/2018	187	43	48	51	N/A
9/30/2018	179	31	50	53	N/A
6/30/2018	162	26	N/A	35	N/A
3/31/2018	157	30	N/A	42	N/A
12/31/2017	150	28	N/A	38	N/A
9/30/2017	139	32	N/A	34	N/A
6/30/2017	138	31	N/A	33	N/A
3/31/2017	127	26	N/A	22	N/A
12/31/2016	119	23	N/A	20	N/A
9/30/2016	114	22	N/A	20	N/A
6/30/2016	99	16	N/A	16	N/A
3/31/2016	92	15	N/A	15	N/A
12/31/2015	84	13	N/A	14	N/A
9/30/2015	77	11	N/A	9	N/A
6/30/2015	73	11	N/A	10	N/A
3/31/2015	70	10	N/A	12	N/A
12/31/2014	67	8	N/A	9	N/A
9/30/2014	63	9	N/A	9	N/A
6/30/2014	58	8	N/A	5	N/A
3/31/2014	56	8	N/A	8	N/A
12/31/2013	53	8	N/A	8	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8F1 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).

Earnings vs Market: 8F1 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 8F1 is expected to become profitable in the next 3 years.

Revenue vs Market: 8F1's revenue (43.3% per year) is forecast to grow faster than the German market (5.6% per year).

High Growth Revenue: 8F1's revenue (43.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 8F1's Return on Equity is forecast to be low in 3 years time (5.9%).

First Foundation Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Recent updates

First Foundation Inc. and First Foundation Bank Announce Chief Executive Officer Changes

First Foundation Inc. and First Foundation Bank Announce Chief Executive Officer Changes

First Foundation Inc. Appoints C. Allen Parker as A Director

Less than half of directors are independent

Investor sentiment improves as stock rises 16%

First Foundation Inc. to Report Q3, 2024 Results on Oct 29, 2024

First Foundation Inc. Announces Executive and Board Appointments

Second quarter 2024 earnings released: EPS: US$0.055 (vs US$3.76 loss in 2Q 2023)

First Foundation Inc. announced that it has received $228 million in funding from Fortress Investment Group LLC, Canyon Partners, LLC, Strategic Value Bank Partners LLC, North Reef Capital LLC

New minor risk - Shareholder dilution

First Foundation Inc. announced that it has received $228 million in funding from Fortress Investment Group LLC, Canyon Partners, LLC, Strategic Value Bank Partners LLC, North Reef Capital LLC

First Foundation Inc. announced that it has received $228 million in funding from Fortress Investment Group LLC, Canyon Partners, LLC, Strategic Value Bank Partners LLC, North Reef Capital LLC

First Foundation Inc. to Report Q2, 2024 Results on Jul 25, 2024

First Foundation Inc.(NYSE:FFWM) dropped from Russell 2000 Value-Defensive Index

Now 11% overvalued

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

First quarter dividend of US$0.01 announced

First quarter 2024 earnings released: EPS: US$0.014 (vs US$0.15 in 1Q 2023)

First Foundation Inc., Annual General Meeting, May 28, 2024

First Foundation Inc. to Report Q1, 2024 Results on Apr 25, 2024

Executive Chairman recently sold €189k worth of stock

Full year 2023 earnings released: US$3.53 loss per share (vs US$1.96 profit in FY 2022)

Now 20% undervalued

Third quarter dividend of US$0.01 announced

First Foundation Inc. Announces Dividend, Payable on February 15, 2024

Executive Chairman recently sold €245k worth of stock

Now 23% undervalued after recent price drop

First Foundation Inc. Approves Quarterly Cash Dividend, Payable on November 16, 2023

Third quarter 2023 earnings released: EPS: US$0.039 (vs US$0.51 in 3Q 2022)

First Foundation Inc. to Report Q3, 2023 Results on Oct 26, 2023

First Foundation Inc., First Foundation Advisors and First Foundation Bank Appoints James Britton as Executive Vice President, Effective August 14, 2023

First Foundation Inc. Declares Dividend, Payable on August 17, 2023

Second quarter 2023 earnings released: US$3.76 loss per share (vs US$0.59 profit in 2Q 2022)

Investor sentiment improves as stock rises 16%

First Foundation Inc. to Report Q2, 2023 Results on Jul 27, 2023

Glass Lewis Recommends Shareholders to Vote for Driver Management Nominee

Driver Management Company Issues an Investor Presentation to Shareholders of First Foundation

Investor sentiment improves as stock rises 23%

First Foundation Inc., Annual General Meeting, Jun 27, 2023

Investor sentiment deteriorates as stock falls 26%

First quarter 2023 earnings released: EPS: US$0.15 (vs US$0.55 in 1Q 2022)

Board Member recently sold €1.5m worth of stock

Investor sentiment deteriorates as stock falls 23%

Full year 2022 earnings released: EPS: US$1.96 (vs US$2.42 in FY 2021)

Executive Chairman recently sold €374k worth of stock

Driver Management Sends Letter to the CEO of First Foundation

Driver Management Company Sends Letter to First Foundation’s Chief Executive Officer

First Foundation Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Full year 2022 earnings released: EPS: US$1.96 (vs US$2.42 in FY 2021)

Driver Management Steps Up Pressure on First Foundation on Board Candidates

Driver Management Company Sends Letter to First Foundation

Driver Management Company Sends Letter to First Foundation

First Foundation Inc. to Report Q4, 2022 Results on Jan 26, 2023

First Foundation Inc. Announces Senior Leadership Appointments

Independent Director recently bought €72k worth of stock

First Foundation Inc. Announces Board Changes

Insufficient new directors

First Foundation Inc. Announces Senior Management Transition

Third quarter 2022 earnings released: EPS: US$0.51 (vs US$0.83 in 3Q 2021)

First Foundation Inc. to Report Q3, 2022 Results on Oct 25, 2022

First Foundation Inc. Expands Trust and Advisory Presence in Florida with New Leadership Appointments

First Foundation Inc. Approves Quarterly Cash Dividend, Payable on August 16, 2022

Second quarter 2022 earnings released: EPS: US$0.59 (vs US$0.58 in 2Q 2021)

First Foundation Inc. to Report Q2, 2022 Results on Jul 26, 2022

Insufficient new directors

First Foundation Inc., Annual General Meeting, Jun 07, 2022

First quarter 2022 earnings released: EPS: US$0.55 (vs US$0.50 in 1Q 2021)

First Foundation Inc. (NasdaqGM:FFWM) announces an Equity Buyback for $75 million worth of its shares.

First Foundation Inc. to Report Q1, 2022 Results on Apr 26, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Foundation Inc. Approves Quarterly Cash Dividend, Payable on February 17, 2022

Third quarter 2021 earnings released: EPS US$0.83 (vs US$0.69 in 3Q 2020)