First Foundation Announces 2018 Second Quarter Financial Results

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Go back to First Foundation Announces 2018 Second Quarter Financial Results

First Foundation (FFWM) Misses Q2 EPS by 16c, Revenues Miss

July 30, 2018 9:04 AM EDT

First Foundation (NASDAQ: FFWM) reported Q2 EPS of $0.12, $0.16 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $43.2 million versus the consensus estimate of $46.2 million.

We have been able to maintain strong growth in both our loan production and revenues while we continue to work through a challenging interest rate environment, said Scott F. Kavanaugh, CEO. We used this quarter as an opportunity to start a process to... More