First Things First Foundation

First Foundation Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, October 26, 2023

First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended September 30, 2023.

Key Points: 
  • First Foundation Inc. (NYSE: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended September 30, 2023.
  • Additionally, First Foundation Inc. announced today that its Board of Directors approved the payment of a quarterly cash dividend of $0.01 per common share payable on November 16, 2023, to common shareholders of record as of November 6, 2023.
  • ET, President and Chief Executive Officer, Scott F. Kavanaugh, Chief Financial Officer, Jamie Britton, and Chief Operating Officer, Chris Naghibi, of First Foundation will host a discussion of the Company’s financial results and performance and provide an update on recent activities.
  • The call will be broadcast live over the Internet and can be accessed using the link below: First Foundation Q3 Earnings Webcast .

First Foundation Inc. Announces Third Quarter 2023 Earnings Conference Call Details

Retrieved on: 
Tuesday, October 3, 2023

First Foundation Inc. (NYSE: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its third quarter 2023 earnings results before the market opens on Thursday, October 26.

Key Points: 
  • First Foundation Inc. (NYSE: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its third quarter 2023 earnings results before the market opens on Thursday, October 26.
  • First Foundation will announce the release via Business Wire, and the earnings report and slide presentation will be posted directly to First Foundation’s investor relations site.
  • Participant Toll Free Dial-In Number: 800-330-3416
    It is recommended that participants dial into the conference call approximately ten minutes prior to the call.
  • For those who are unable to participate during the live call, an archive of the call will be available for replay at http://investor.ff-inc.com/events-calendar .

First Foundation Inc. Announces Transfer of Common Stock Listing to the New York Stock Exchange

Retrieved on: 
Thursday, August 10, 2023

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq) and will continue to be traded under the ticker symbol ‘FFWM’.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq) and will continue to be traded under the ticker symbol ‘FFWM’.
  • First Foundation’s common stock is expected to begin trading on the NYSE on Tuesday, August 22, 2023.
  • The Company expects its common stock to continue to trade on Nasdaq until the close of market on Monday, August 21, 2023.
  • “First Foundation is honored to be listed on the New York Stock Exchange along with some of the most prestigious companies in the world,” said Scott F. Kavanaugh, President and CEO.

First Foundation Inc. Appoints James Britton as Chief Financial Officer

Retrieved on: 
Thursday, August 3, 2023

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, is pleased to announce the appointment of James (“Jamie”) Britton as Executive Vice President, Chief Financial Officer, effective August 14, 2023.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, is pleased to announce the appointment of James (“Jamie”) Britton as Executive Vice President, Chief Financial Officer, effective August 14, 2023.
  • Reporting to Scott F. Kavanaugh, President and Chief Executive Officer, Mr. Britton will lead the financial operations teams for First Foundation and its subsidiaries.
  • “We are excited to have Jamie join the executive leadership team of First Foundation,” said Mr. Kavanaugh.
  • I would also like to thank Amy Djou for her service as Interim Chief Financial Officer and look forward to her continued leadership as Senior Vice President, Chief Accounting Officer and Deputy Chief Financial Officer of First Foundation Bank.”
    Mr. Britton brings over 25 years of experience and joins First Foundation from Texas Security Bank where he has been the Executive Vice President, Chief Financial Officer and Chief Operating Officer since March 2022.

First Foundation Inc. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023

First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended June 30, 2023.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today reported its financial results for the quarter ended June 30, 2023.
  • ET, President and Chief Executive Officer, Scott F. Kavanaugh, and Chief Operating Officer, Chris Naghibi, of First Foundation will host a discussion of the Company’s financial results and performance and provide an update on recent activities.
  • The call will be broadcast live over the Internet and can be accessed using the link: First Foundation Q2 Earnings Webcast .
  • The call can also be accessed by dialing in using the following toll-free number, 800-245-3047 and conference ID, FFWMQ223.

First Foundation Inc. Announces Second Quarter 2023 Earnings Conference Call Details

Retrieved on: 
Wednesday, July 5, 2023

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its second quarter 2023 earnings results before the market opens on Thursday, July 27.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (“First Foundation”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced today that it will release its second quarter 2023 earnings results before the market opens on Thursday, July 27.
  • First Foundation will announce the release via Business Wire, and the earnings report and slide presentation will be posted directly to First Foundation’s investor relations site.
  • Participant Toll Free Dial-In Number: 800-245-3047
    It is recommended that participants dial into the conference call approximately ten minutes prior to the call.
  • For those who are unable to participate during the live call, an archive of the call will be available for replay at https://investor.ff-inc.com/events-and-presentations/default.aspx .

First Foundation Stockholders Elect the Company’s Ten Director Candidates at the 2023 Annual Meeting

Retrieved on: 
Tuesday, June 27, 2023

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today announced that, based on a preliminary vote count provided by its proxy solicitors, stockholders voted to elect, by a substantial margin, all ten of the Company’s director candidates to the Board of Directors at the 2023 Annual Meeting of Stockholders (the “Annual Meeting”).

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today announced that, based on a preliminary vote count provided by its proxy solicitors, stockholders voted to elect, by a substantial margin, all ten of the Company’s director candidates to the Board of Directors at the 2023 Annual Meeting of Stockholders (the “Annual Meeting”).
  • “We would like to thank all First Foundation stockholders for their continued support and participation in our Annual Meeting this year," said Scott F. Kavanaugh, President and CEO.
  • "The results of this meeting have demonstrated that investors believe in our long-term strategy at a pivotal time for the Company and the industry.
  • Final results will be reported on a Form 8-K that will be filed with the U.S. Securities and Exchange Commission (the “SEC”).

Leading Independent Proxy Advisory Firm ISS Recommends that First Foundation Stockholders Vote FOR ALL Ten of the Company’s Highly Qualified Director Nominees

Retrieved on: 
Friday, June 16, 2023

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today announced that Institutional Shareholder Services (“ISS”), a leading proxy advisory firm, has recommended that First Foundation stockholders vote for ALL of First Foundation’s ten highly qualified director nominees at the upcoming Annual Meeting of Stockholders scheduled for Tuesday, June 27, 2023.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors (“FFA”) and First Foundation Bank (“FFB”), today announced that Institutional Shareholder Services (“ISS”), a leading proxy advisory firm, has recommended that First Foundation stockholders vote for ALL of First Foundation’s ten highly qualified director nominees at the upcoming Annual Meeting of Stockholders scheduled for Tuesday, June 27, 2023.
  • We encourage stockholders to disregard any white proxy card or other solicitation materials sent to you by Driver.
  • Only your latest dated proxy card will be counted at the 2023 Annual Meeting of Stockholders.
  • For more information about Driver’s misguided campaign against First Foundation, please visit www.truthfirstfoundationinc.com .

Leading Independent Proxy Advisory Firm Glass Lewis Recommends First Foundation Stockholders Vote FOR Driver’s Independent Nominee Allison Ball

Retrieved on: 
Thursday, June 15, 2023

In its report, Glass Lewis recommended stockholders vote FOR Driver nominee Allison Ball to First Foundation’s board of directors (the “Board”) at the Company’s upcoming Annual Meeting of Stockholders to be held on June 27, 2023.

Key Points: 
  • In its report, Glass Lewis recommended stockholders vote FOR Driver nominee Allison Ball to First Foundation’s board of directors (the “Board”) at the Company’s upcoming Annual Meeting of Stockholders to be held on June 27, 2023.
  • “Driver is pleased that Glass Lewis is acknowledging First Foundation’s abysmal underperformance and recommending the Company’s stockholders vote for desperately needed boardroom change on the WHITE universal proxy card.
  • Accordingly, we recommend that shareholders vote on the Dissident’s WHITE universal proxy card.”
    *Permission to use quotations from the Glass Lewis report was neither sought nor obtained.
  • Driver Urges First Foundation stockholders to vote FOR Driver’s nominee on the WHITE universal proxy card or use First Foundation’s Blue universal proxy card and mark your vote FOR Allison Ball.

First Foundation Files Investor Presentation for 2023 Annual Meeting

Retrieved on: 
Monday, June 12, 2023

First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission (“SEC”) in connection with its 2023 Annual Meeting of Stockholders, which is scheduled to be held on Tuesday, June 27, 2023.

Key Points: 
  • First Foundation Inc. (NASDAQ: FFWM) (“First Foundation” or the “Company”), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission (“SEC”) in connection with its 2023 Annual Meeting of Stockholders, which is scheduled to be held on Tuesday, June 27, 2023.
  • During that time, First Foundation’s total stockholder return was 174% while the KBW Nasdaq Regional Banking Index rose just 58%.
  • First Foundation rapidly grew its assets while maintaining excellent credit quality, a difficult combination to achieve.
  • Only your latest dated proxy card will be counted at the 2023 Annual Meeting of Stockholders.