Compared to Estimates, First Foundation (FFWM) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, First Foundation (FFWM) reported revenue of $64.68 million, up 14.7% over the same period last year. EPS came in at -$0.17, compared to $0.05 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $65.18 million, representing a surprise of -0.77%. The company delivered an EPS surprise of -666.67%, with the consensus EPS estimate being $0.03.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how First Foundation performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio (non-GAAP): 103.1% versus 91.5% estimated by three analysts on average. Average Balances - Total interest-earnings assets: $13.02 billion compared to the $12.86 billion average estimate based on three analysts. Net charge-offs (recoveries) to average loans - annualized: 0.7% versus 0% estimated by three analysts on average. Net Interest Margin: 1.6% versus 1.6% estimated by three analysts on average. Total nonperforming assets: $46.65 million compared to the $44.18 million average estimate based on two analysts. Net interest income: $51.31 million compared to the $52.54 million average estimate based on three analysts. Total Noninterest income: $13.37 million versus the three-analyst average estimate of $11.86 million. Asset management, consulting and other fees: $9.27 million versus the two-analyst average estimate of $9.22 million. Other income: $2.99 million versus $2.42 million estimated by two analysts on average. View all Key Company Metrics for First Foundation here>>>Shares of First Foundation have returned +0.8% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Foundation Inc. (FFWM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks