First Foundation (FFWM) Tops Q2 EPS by 4c
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First Foundation Announces 2020 Second Quarter Financial Results
July 21, 2020 9:00 AM EDTEarnings per share: $0.40 for the quarter Return on average assets of 1.06% for the quarter Return on average tangible equity of 13.3% for the quarter Net interest margin increased to 2.96% for the quarter Credit quality remained strong with allowance for credit losses increasing to 0.55% of loans and nonperforming assets to total assets ratio of 0.22% Tangible book value per share increased to $12.16 at June 30, 2020
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