First Foundation Stock Price, News & Analysis

First Foundation (NASDAQ: FFWM) will release its second quarter 2021 earnings results on July 27, prior to market opening. A conference call, hosted by CEO Scott F. Kavanaugh and CFO Kevin Thompson, is scheduled for 11:00 AM ET on the same day. The earnings release and accompanying slide presentation will be available on First Foundation's investor relations website. Participants can access the call via web or telephone, and a replay will be provided for those unable to attend.

First Foundation Inc. (NASDAQ: FFWM) has appointed Kelly Rentzel as Executive Vice President, General Counsel, to support its growth strategy. With over 15 years of legal experience, including nearly a decade in banking law, Rentzel brings significant expertise from her previous role at Texas Capital Bank. Reporting directly to CEO Scott F. Kavanaugh, she will contribute to expansion efforts from the company's new office in Dallas, Texas. Her background in building legal teams and her accolades from Southern Methodist University and the Dallas Bar Association highlight her capability to enhance First Foundation's legal framework.

First Foundation Inc. (NASDAQ: FFWM) announced a merger with TGR Financial, Inc. (OTCQX: TGRF) in an all-stock transaction valued at approximately $295 million, equating to $15.23 per share for TGR Financial. The merger will enhance First Foundation's assets to about $9.4 billion. Following the deal, TGR Financial shareholders will own around 20.2% of First Foundation. The merger aims to expand First Foundation's market presence and enhance services. The transaction is expected to close in the second half of 2021, pending approvals.

First Foundation Inc. (NASDAQ: FFWM) has appointed Aric Graham as its new Senior Vice President and Corporate Banking Director. Graham, who has over 15 years of banking experience, is tasked with developing the bank’s Corporate Banking platform and enhancing client service. This appointment aligns with First Foundation's strategy to pivot towards a more commercial-focused banking model, showcasing its growth in personal and business banking services across various regions, including Las Vegas.

First Foundation Inc. (NASDAQ: FFWM) reported its financial results for Q1 2021, emphasizing its comprehensive financial services through First Foundation Advisors and First Foundation Bank. The company invites stakeholders to attend a live discussion at 8 a.m. PT to review performance and updates. Earnings details, including revenue and EPS, can be accessed via their investor relations website. The firm continues to differentiate itself with a wide range of personalized services, targeting growth-minded clients across multiple states, including California, Texas, Nevada, and Hawaii.

First Foundation Inc. (NASDAQ: FFWM) has announced a strategic investment in NYDIG, a leading Bitcoin technology provider. This partnership aims to enhance First Foundation's offerings by integrating Bitcoin-related financial products and services into its traditional banking framework. CEO Scott F. Kavanaugh expressed confidence in the importance of digital assets for future financial services. The collaboration marks a significant move as First Foundation seeks to become one of the first Bitcoin-friendly regional banks, allowing clients to access and manage digital assets seamlessly through their existing banking accounts.

First Foundation Inc. (NASDAQ: FFWM) has promoted Michael Berry to Senior Vice President and Director of Commercial Banking at First Foundation Bank. Berry, who joined the bank in 2015, has significant experience in commercial banking and will oversee multiple banking teams, including Corporate Banking and Small Business.

CEO Scott F. Kavanaugh emphasized Berry's value and leadership as the company expands its commercial banking services, particularly following its recent entry into Dallas, Texas. The promotion aligns with First Foundation's strategic growth plans.

First Foundation (NASDAQ: FFWM) will release its Q1 2021 earnings results on April 27, before market opening. CEO Scott F. Kavanaugh and CFO Kevin Thompson will discuss the results at 11:00 AM ET. Access to the earnings release and slide presentation will be available on their investor relations website. Additionally, a live conference call can be joined via internet or by telephone, with replay options provided for those unable to attend. First Foundation offers a wide range of financial services aimed at supporting clients throughout their financial journey.

First Foundation Inc. (NASDAQ: FFWM) is relocating its principal executive office to Dallas, Texas, as part of its strategic expansion into major markets. This move is aimed at enhancing its banking, trust, and wealth management services. The company will hire a lending team and has appointed Gary Woods to lead commercial real estate finance in Texas. First Foundation Bank anticipates continued success in real estate lending in the Dallas-Fort Worth area, known for its multifamily lending opportunities. Future plans also include opening a lending production office and a full-service branch.