FIRST FOUNDATION INC. (NASDAQ:FFWM) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition
On April 24, 2019, First Foundation Inc. issued a press release reporting its consolidated financial results for the quarter ended March 31, 2019. A copy of that press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information contained in this Current Report on Form 8-K, including Exhibit 99.1, are being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and such information and that Exhibit shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.
The press release furnished as Exhibit 99.1 to this Current Report on Form 8-K may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act and, as such, may involve known and unknown risks, uncertainties and assumptions. Such forward-looking statements relate to First Foundations current expectations and are subject to the limitations and qualifications set forth in First Foundations other documents filed with the U.S. Securities and Exchange Commission, including, without limitation, that actual events and/or results may differ materially from those projected in such forward-looking statements.
Item 9.01 Financial Statements and Exhibits
First Foundation Inc. Exhibit
EX-99.1 2 ffwm-ex991_6.htm EX-99.1 ffwm-ex991_6.htm Exhibit 99.1 First Foundation Announces 2019 First Quarter Financial Results • Earnings per share of $0.25 • Revenue growth of 14% compared to 2018 first quarter • Net income growth of 25% compared to 2018 first quarter • Loan production of $400 million • Tangible book value per share increase to $10.52 at March 31,…
To view the full exhibit click
About FIRST FOUNDATION INC. (NASDAQ:FFWM)
First Foundation Inc. is a financial services holding company. The Company provides a platform of personalized financial services to high net-worth individuals and their families, family businesses and other affiliated organizations. The Company conducts its operations through its subsidiaries First Foundation Advisors (FFA) and First Foundation Bank (FFB), and First Foundation Insurance Services (FFIS), a subsidiary of FFB. The Company’s segments include Banking; Investment Management, Wealth Planning and Consulting (Wealth Management), and Other. The Banking segment includes the operations of FFB and FFIS, and Wealth Management segment includes the operations of FFA. Its integrated platform provides investment management, wealth planning, consulting, trust, banking products and services, life insurance services and property and casualty insurance services to meet the financial needs of its clients.