For the quarter ending 2025-09-30, FFWM made $298,397K in revenue. -$146,323K in net income. Net profit margin of -49.04%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Loans | 93,054 | 100,166 | 120,285 | 120,244 |
| Securities | 24,933 | 23,646 | 21,375 | 17,975 |
| Fhlb stock, fed funds sold and interest-bearing deposits | 16,750 | 13,313 | 15,496 | 12,695 |
| Total interest income | 134,737 | 137,125 | 157,156 | 150,914 |
| Deposits | 71,942 | 67,318 | 89,135 | 91,388 |
| Borrowings | 14,744 | 18,020 | 17,182 | 13,992 |
| Subordinated debt | 1,973 | 1,705 | 1,720 | 1,705 |
| Total interest expense | 88,659 | 87,043 | 108,037 | 107,085 |
| Net interest income | 46,078 | 50,082 | 49,119 | 43,829 |
| Provision for credit losses | 65,045 | 2,366 | 282 | -806 |
| Net interest income after provision for credit losses | -18,967 | 47,716 | 48,837 | 44,635 |
| The amount of noninterest income from capital market activities | - | - | -117,517 | 836 |
| Asset management, consulting and other fees | 8,638 | 8,601 | 9,162 | 9,183 |
| Gain on sale of securities available-for-sale | 1,228 | - | - | 983 |
| (loss) gain on sale of loans | - | -10,405 | -13 | 415 |
| Capital market activities | 4,698 | -289 | - | - |
| Other income | 2,955 | 3,431 | 2,788 | 2,241 |
| Total noninterest income | 17,519 | 1,338 | -105,580 | 13,658 |
| Compensation and benefits | 23,713 | 22,890 | 20,009 | 19,095 |
| Occupancy and depreciation | 8,939 | 8,333 | 9,013 | 9,026 |
| Professional services and marketing costs | 6,838 | 7,238 | 5,095 | 3,667 |
| Customer service costs | 9,068 | 12,983 | 18,954 | 16,104 |
| Other expenses | 8,924 | 8,480 | 7,154 | 7,737 |
| Total noninterest expense | 57,482 | 59,924 | 60,225 | 55,629 |
| Loss before income taxes | -58,930 | -10,870 | -116,968 | 2,664 |
| Income tax expense (benefit) | 87,393 | -3,180 | -34,794 | -421 |
| Net loss | -146,323 | -7,690 | -82,174 | 3,085 |
| Earnings per share basic | -1.78 | -0.09 | -1.23 | 0.05 |
| Earnings per share diluted | -1.78 | -0.09 | -1.23 | 0.05 |
| Weighted average number of diluted shares outstanding | 82,424,884 | 82,386,071 | 66,992,701 | 56,532,465 |
| Weighted average number of shares outstanding basic | 82,424,884 | 82,386,071 | 66,992,701 | 56,523,640 |
First Foundation Inc. (FFWM)
First Foundation Inc. (FFWM)