Last 7 days
-15.8%
Last 30 days
-51.2%
Last 90 days
-48.3%
Trailing 12 Months
-69.7%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
BNS | 56.4B | 40.0B | -8.98% | -31.24% | 5.3 | 1.79 | 34.99% | -10.60% |
MTB | 20.1B | 6.2B | -25.47% | -35.61% | 14.56 | 3.21 | 58.61% | -25.85% |
CFG | 15.3B | 7.1B | -25.67% | -34.02% | 7.39 | 2.17 | 45.54% | -10.61% |
MID-CAP | ||||||||
EWBC | 7.7B | 2.3B | -27.78% | -31.39% | 6.84 | 3.32 | 43.40% | 29.22% |
CBSH | 6.9B | 999.0M | -12.47% | -19.22% | 14.12 | 6.9 | 17.76% | -7.98% |
SIVB | 6.3B | 5.7B | -67.21% | -80.32% | 3.9 | 1.11 | 72.48% | -22.38% |
PB | 5.8B | 1.1B | -15.03% | -9.45% | 10.96 | 5.25 | 4.58% | 1.01% |
FFIN | 4.6B | 432.9M | -13.79% | -27.60% | 19.55 | 10.59 | 15.00% | 3.04% |
BPOP | 3.9B | 2.5B | -23.06% | -34.29% | 3.54 | 1.58 | 16.17% | 17.94% |
WAL | 3.6B | 2.7B | -54.27% | -60.94% | 3.36 | 1.32 | 62.28% | 17.58% |
SMALL-CAP | ||||||||
BANR | 1.9B | 450.9M | -13.73% | -5.77% | 9.54 | 4.13 | 1.16% | -2.82% |
SBCF | 1.7B | 380.5M | -21.10% | -30.57% | 16.27 | 4.55 | 51.31% | -14.39% |
HTLF | 1.6B | 674.7M | -21.79% | -19.17% | 7.78 | 2.45 | 14.59% | -3.52% |
LKFN | 1.6B | 239.6M | -12.16% | -14.61% | 15.6 | 6.76 | 23.99% | 8.44% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 17.9% | 404 | 343 | 296 | 267 | 247 |
EBITDA | 0.3% | 473 | 471 | 455 | 421 | - |
EBITDA Margin | -14.9% | 1.17* | 1.38* | 1.54* | 1.57* | - |
Earnings Before Taxes | -7.1% | 150 | 161 | 174 | 164 | 152 |
EBT Margin | -21.2% | 0.37* | 0.47* | 0.59* | 0.61* | - |
Interest Expenses | 4.2% | 319 | 306 | 277 | 254 | 233 |
Net Income | -5.6% | 111 | 117 | 125 | 118 | 110 |
Net Income Margin | -19.9% | 0.27* | 0.34* | 0.42* | 0.44* | - |
Free Cahsflow | -21.2% | 96.00 | 122 | 122 | 101 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 5.6% | 13,014 | 12,329 | 11,249 | 10,475 | 10,196 |
Cash Equivalents | 106.6% | 656 | 318 | 174 | 932 | 1,122 |
Net PPE | -1.3% | 36.00 | 37.00 | 37.00 | 36.00 | 38.00 |
Liabilities | 6.0% | 11,880 | 11,207 | 10,146 | 9,392 | 9,132 |
Shareholder's Equity | 1.1% | 1,134 | 1,122 | 1,103 | 1,083 | 1,064 |
Retained Earnings | 2.7% | 427 | 416 | 393 | 366 | 341 |
Additional Paid-In Capital | 0.0% | 720 | 720 | 719 | 721 | 721 |
Shares Outstanding | -0.1% | 56.00 | 56.00 | 56.00 | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -20.5% | 101 | 127 | 127 | 105 | 97.00 |
Share Based Compensation | 3.9% | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Cashflow From Investing | -35.0% | -3,246 | -2,404 | -1,454 | -297 | -79.37 |
Cashflow From Financing | 47.9% | 2,680 | 1,812 | 532 | 657 | 474 |
Dividend Payments | 9.3% | 25.00 | 23.00 | 21.00 | 18.00 | 16.00 |
Buy Backs | 12.5% | 5.00 | 4.00 | 4.00 | 2.00 | 2.00 |
73.8%
46.1%
27.3%
Y-axis is the maximum loss one would have experienced if First Foundation was unfortunately bought at previous high price.
-5.0%
-15.4%
-7.3%
FIve years rolling returns for First Foundation.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 21.99 | -54,022 | 1,425,980 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -58.97 | -554,207 | 265,793 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 8.02 | -10,325 | 58,675 | -% |
2023-02-21 | MACQUARIE GROUP LTD | added | 2.64 | -6,197,000 | 26,538,000 | 0.03% |
2023-02-17 | Coppell Advisory Solutions Corp. | new | - | 188,294 | 188,294 | 0.06% |
2023-02-15 | rhino investment partners, Inc | new | - | 9,629,000 | 9,629,000 | 4.15% |
2023-02-15 | MetLife Investment Management, LLC | unchanged | - | -101,765 | 381,235 | -% |
2023-02-15 | ALLIANCEBERNSTEIN L.P. | reduced | -4.15 | -1,486,410 | 4,633,590 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | unchanged | - | -12,333 | 44,667 | -% |
2023-02-15 | HOWE & RUSLING INC | sold off | -100 | -1,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 7.9% | 4,457,965 | SC 13G/A | |
Jan 19, 2023 | gmt capital corp | 2.0% | 1,117,814 | SC 13G | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 5.5% | 3,126,278 | SC 13G/A | |
Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 6.6% | 2,966,011 | SC 13G/A | |
Feb 14, 2020 | rmb capital management, llc | 1.67% | 744,165 | SC 13G/A | |
Feb 07, 2020 | fmr llc | - | 0 | SC 13G/A | |
Feb 05, 2020 | blackrock inc. | 6.3% | 2,834,710 | SC 13G |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | - - | - - | - - | - - | - - |
Current Inflation | 26.27 258.88% | 41.38 465.30% | 81.28 1010.38% | 177.10 2319.40% | 238.40 3156.83% |
Very High Inflation | - - | - - | - - | - - | - - |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 16, 2023 | DEFA14A | DEFA14A | |
Mar 15, 2023 | 4 | Insider Trading | |
Mar 15, 2023 | 4 | Insider Trading | |
Mar 15, 2023 | 4 | Insider Trading | |
Mar 15, 2023 | 8-K | Current Report | |
Mar 15, 2023 | DEFA14A | DEFA14A | |
Mar 15, 2023 | DFAN14A | DFAN14A | |
Mar 13, 2023 | 8-K | Current Report | |
Mar 09, 2023 | DEFA14A | DEFA14A | |
Mar 08, 2023 | DFAN14A | DFAN14A |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-15 | HAKOPIAN JOHN | sold | -276,676 | 9.2667 | -29,857 | president, ffa |
2023-03-14 | Naghibi Christopher M. | bought | 490 | 9.26 | 53.00 | chief operating officer |
2023-03-14 | HAKOPIAN JOHN | sold | -524,376 | 9.34 | -56,143 | president, ffa |
2023-03-14 | KAVANAUGH SCOTT F | bought | 19,217 | 9.6088 | 2,000 | chief executive officer |
2023-03-14 | Naghibi Christopher M. | bought | 1,490 | 9.615 | 155 | chief operating officer |
2023-03-13 | HAKOPIAN JOHN | sold | -795,830 | 7.9583 | -100,000 | president, ffa |
2023-02-28 | HAKOPIAN JOHN | acquired | 9,810 | 15.07 | 651 | president, ffa |
2023-02-28 | HAKOPIAN JOHN | sold (taxes) | -2,381 | 15.07 | -158 | president, ffa |
2023-02-28 | Nuno Hugo J. | acquired | 16,923 | 15.07 | 1,123 | chief banking officer |
2023-02-28 | Naghibi Christopher M. | acquired | 20,992 | 15.07 | 1,393 | chief operating officer |
CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Interest income: | |||
Loans | $ 370,078 | $ 224,823 | $ 216,798 |
Securities | 26,411 | 20,435 | 25,688 |
FHLB Stock, fed funds sold and interest-bearing deposits | 7,389 | 1,960 | 1,405 |
Total interest income | 403,878 | 247,218 | 243,891 |
Interest expense: | |||
Deposits | 61,845 | 13,453 | 39,432 |
Borrowings | 23,343 | 481 | 7,815 |
Total interest expense | 85,188 | 13,934 | 47,247 |
Net interest income | 318,690 | 233,284 | 196,644 |
Provision for credit losses | 532 | 3,866 | 6,746 |
Net interest income after provision for credit losses | 318,158 | 229,418 | 189,898 |
Noninterest income: | |||
Asset management, consulting and other fees | $ 38,787 | $ 36,022 | $ 29,465 |
Type of Revenue [Extensible List] | us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember | us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember | us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember |
Gain on sale of loans | $ 21,459 | $ 15,140 | |
Other income | $ 9,447 | 12,972 | 10,042 |
Total noninterest income | 48,234 | 70,453 | 54,647 |
Noninterest expense: | |||
Compensation and benefits | 110,222 | 87,908 | 73,868 |
Occupancy and depreciation | 36,236 | 24,977 | 23,892 |
Professional services and marketing costs | 13,660 | 12,224 | 8,045 |
Customer service costs | 38,178 | 8,775 | 7,445 |
Other expenses | 18,293 | 14,202 | 12,528 |
Total noninterest expense | 216,589 | 148,086 | 125,778 |
Income before taxes on income | 149,803 | 151,785 | 118,767 |
Taxes on income | 39,291 | 42,274 | 34,398 |
Net income | $ 110,512 | $ 109,511 | $ 84,369 |
Net income per share: | |||
Basic | $ 1.96 | $ 2.42 | $ 1.89 |
Diluted | $ 1.96 | $ 2.41 | $ 1.88 |
Shares used in computation: | |||
Basic | 56,422,450 | 45,272,183 | 44,639,430 |
Diluted | 56,490,060 | 45,459,540 | 44,900,805 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 656,494 | $ 1,121,757 |
Securities available-for-sale ("AFS") | 237,597 | 1,201,777 |
Securities held-to-maturity ("HTM") | 862,544 | |
Allowance for credit losses - investments | (11,439) | (10,399) |
Net securities | 1,088,702 | 1,191,378 |
Loans held for sale | 501,436 | |
Loans held for investment | 10,726,193 | 6,906,728 |
Allowance for credit losses - loans | (33,731) | (33,776) |
Net loans | 10,692,462 | 6,872,952 |
Investment in FHLB stock | 25,358 | 18,249 |
Deferred taxes | 24,198 | 20,835 |
Premises and equipment, net | 36,140 | 37,920 |
Real estate owned ("REO") | 6,210 | 6,210 |
Goodwill and intangibles | 221,835 | 222,125 |
Other assets | 262,780 | 203,342 |
Total Assets | 13,014,179 | 10,196,204 |
Liabilities: | ||
Deposits | 10,362,612 | 8,811,960 |
Borrowings | 1,369,936 | 210,127 |
Accounts payable and other liabilities | 147,253 | 110,066 |
Total Liabilities | 11,879,801 | 9,132,153 |
Shareholders' Equity | ||
Common Stock | 56 | 56 |
Additional paid-in-capital | 719,606 | 720,744 |
Retained earnings | 426,659 | 340,976 |
Accumulated other comprehensive (loss) income | (11,943) | 2,275 |
Total Shareholders' Equity | 1,134,378 | 1,064,051 |
Total Liabilities and Shareholders' Equity | $ 13,014,179 | $ 10,196,204 |