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First Foundation (FFWM) Reports Q2 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2025, First Foundation (FFWM - Free Report) reported revenue of $51.42 million, down 10.6% over the same period last year. EPS came in at -$0.09, compared to $0.06 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $64.5 million, representing a surprise of -20.28%. The company delivered an EPS surprise of -550%, with the consensus EPS estimate being $0.02.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how First Foundation performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Efficiency Ratio (non-GAAP): 116% compared to the 89.6% average estimate based on three analysts.
  • Average Balances - Total interest-earnings assets: $11.92 billion compared to the $11.99 billion average estimate based on three analysts.
  • Net charge-offs (recoveries) to average loans - annualized: 0% versus 0.1% estimated by three analysts on average.
  • Net Interest Margin: 1.7% versus the three-analyst average estimate of 1.7%.
  • Nonaccrual loans: $34.63 million versus $39.95 million estimated by two analysts on average.
  • Total nonperforming assets: $40.84 million compared to the $46.35 million average estimate based on two analysts.
  • Net interest income: $50.08 million compared to the $51.95 million average estimate based on three analysts.
  • Total Noninterest income: $1.34 million versus $12.56 million estimated by three analysts on average.
  • Asset management, consulting and other fees: $8.6 million versus $9.15 million estimated by two analysts on average.
  • Other income: $3.43 million compared to the $3.59 million average estimate based on two analysts.

View all Key Company Metrics for First Foundation here>>>

Shares of First Foundation have returned -11.9% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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