First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Planning. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits. It also provides various specialized services comprising trust services, internet and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, the company offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. It offers its services through bank and/or wealth management branch offices in California, Texas, Nevada, and Hawaii. The company was founded in 1985 and is based in Dallas, Texas.
IPO Year:
Exchange: NASDAQ
Website: firstfoundationinc.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/21/2025 | $7.00 | Buy | Jefferies |
7/3/2024 | Overweight → Equal-Weight | Stephens | |
7/3/2024 | Strong Buy → Mkt Perform | Raymond James | |
7/3/2024 | $8.00 → $9.00 | Neutral → Buy | DA Davidson |
1/5/2024 | $9.50 → $12.00 | Outperform → Strong Buy | Raymond James |
11/3/2023 | $7.00 → $6.00 | Outperform → Neutral | Wedbush |
2/3/2023 | $17.50 → $16.00 | Overweight → Neutral | Piper Sandler |
10/26/2022 | $18.00 | Buy → Neutral | DA Davidson |
7/11/2022 | $21.00 | Buy → Neutral | B. Riley Securities |
2/2/2022 | $32.00 | Overweight | Stephens |
Jefferies initiated coverage of First Foundation with a rating of Buy and set a new price target of $7.00
Stephens downgraded First Foundation from Overweight to Equal-Weight
Raymond James downgraded First Foundation from Strong Buy to Mkt Perform
DA Davidson upgraded First Foundation from Neutral to Buy and set a new price target of $9.00 from $8.00 previously
Raymond James upgraded First Foundation from Outperform to Strong Buy and set a new price target of $12.00 from $9.50 previously
Wedbush downgraded First Foundation from Outperform to Neutral and set a new price target of $6.00 from $7.00 previously
Piper Sandler downgraded First Foundation from Overweight to Neutral and set a new price target of $16.00 from $17.50 previously
DA Davidson downgraded First Foundation from Buy to Neutral and set a new price target of $18.00
B. Riley Securities downgraded First Foundation from Buy to Neutral and set a new price target of $21.00
Stephens initiated coverage of First Foundation with a rating of Overweight and set a new price target of $32.00