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First Foundation (FFWM) Tops Q4 EPS by 6c

February 6, 2017 9:02 AM

First Foundation (NASDAQ: FFWM) reported Q4 EPS of $0.19, $0.06 better than the analyst estimate of $0.13. Revenue for the quarter came in at $32.6 million versus the consensus estimate of $31.28 million.

"I am pleased with our results that reflect another strong year of growth for First Foundation,” said Scott F. Kavanaugh, CEO. “We experienced record loan production, solid deposit growth, and an uptick in our wealth management AUM. Our increases in total revenues by 43% and earnings by 74% are a testament to the strength of our platform, the quality of our employees, and our commitment to serving our clients and delivering value for our shareholders.”

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

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