First Foundation (FFWM) Tops Q4 EPS by 16c

First Foundation (NASDAQ: FFWM) reported Q4 EPS of $0.51, $0.16 better than the analyst estimate of $0.35.

• Return on average assets of 1.15%
• Return on average tangible equity of 13.4%
• Tangible book value per share of $14.92.
• Deposit costs remained low at of 0.15%.
• Record quarterly originations of $1.2 billion and full year originations of $3.9 billion
• Increased first quarter dividend payment 22%, from $0.09 in the prior quarter, to $0.11 per share.

For earnings history and earnings-related data on First Foundation (FFWM) click here.

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