First Foundation Inc. Announces Fourth Quarter 2024 Earnings Conference Call Details

First Foundation Inc. (FFWM) has announced that it will release its fourth quarter 2024 earnings results before market opens on Thursday, January 30, 2025. CEO Thomas C. Shafer will host a discussion of the company's financial results and performance at 11:00AM ET / 8:00AM PT on the same day. The earnings report and slide presentation will be posted directly to First Foundation's investor relations site.

Analysts, investors, and the general public may listen to a discussion of First Foundation's quarterly earnings by using the information below:

Via Internet:
The call will be broadcast live over the Internet and can be accessed using the following link: First Foundation Q4 2024 Earnings Webcast or by visiting First Foundation's website and clicking on "Investor Relations" and "Events & Presentations" .

Via Telephone (For those wishing to participate in the Q&A):
Participant Toll Free Dial-In Number: 800-715-9871
Conference ID: 2340475
It is recommended that participants dial into the conference call approximately ten minutes prior to the call.

Replay Info:
For those who are unable to participate during the live call, an archive of the call will be available for replay at .

First Foundation Inc. (NYSE: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. This comprehensive platform of financial services is designed to help clients at any stage in their financial journey. The broad range of financial products and services offered by First Foundation are more consistent with those offered by larger financial institutions, while its high level of personalized service, accessibility, and responsiveness to clients is more aligned with community banks and boutique wealth management firms. This combination of an integrated platform of comprehensive financial products and personalized service differentiates First Foundation from many of its competitors and has contributed to the growth of its client base and business.





First Foundation's strategic initiatives align with its long-term goals of improving its loan-to-deposit ratio, increasing overall loan yield, and improving the sensitivity of the loan portfolio against higher interest rates. These initiatives are designed to solidify earnings, further reduce the loans-to-deposit ratio, and decrease the overall sensitivity of the balance sheet. The success of these initiatives will be measured using the following metrics:

1. Loan-to-Deposit Ratio: This ratio is a key indicator of the bank's liquidity and risk profile. First Foundation aims to decrease this ratio by strategically reducing lower-yielding loan balances and continuing to grow deposits. The target is to maintain a decreasing trend in this ratio, with the ultimate goal of achieving a lower, more stable level.
2. Average Yields on Loan and Securities Portfolios: Improving the average yields on these portfolios is crucial for enhancing the bank's profitability. First Foundation will track the progress of this initiative by monitoring the changes in these yields over time. An increase in these yields would indicate the success of this strategic initiative.
3. Capital Ratios: Maintaining strong capital ratios is essential for the bank's financial stability and ability to withstand economic downturns. First Foundation will monitor its capital ratios, such as the Tier 1 capital ratio and the total risk-based capital ratio, to ensure they remain at healthy levels.
4. Pretax Provision Net Revenue (PPNR): This metric is a key indicator of the bank's earnings performance. First Foundation believes that the third quarter of 2023 was a troughing quarter for PPNR, and it expects to see improvements in its balance sheet and core earnings moving forward. The bank will track the changes in PPNR to validate this expectation.
5. Efficiency Ratio: This ratio measures the bank's operating efficiency. First Foundation aims to improve its efficiency ratio by diligently managing costs and streamlining operations. A decrease in this ratio would indicate the success of the bank's cost-saving initiatives.
6. Adjusted Return on Average Assets (ROAA): This non-GAAP measure is a key indicator of the bank's profitability. First Foundation will track changes in its adjusted ROAA to assess the overall success of its strategic initiatives in improving earnings.

By monitoring these metrics, First Foundation can effectively evaluate the progress and success of its strategic initiatives in achieving its long-term goals.