First Historical Income Statement
FFWM Stock | USD 7.71 0.05 0.65% |
Historical analysis of First Foundation income statement accounts such as Selling General Administrative of 66.4 M or Total Revenue of 178.1 M can show how well First Foundation performed in making a profits. Evaluating First Foundation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Foundation's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining First Foundation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Foundation is a good buy for the upcoming year.
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About First Income Statement Analysis
First Foundation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Foundation shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
First Foundation Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts First Foundation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of First Foundation minus its cost of goods sold. It is profit before First Foundation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from First Foundation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Foundation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.At this time, First Foundation's Interest Income is very stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.9M | 85.2M | 371.4M | 390.0M | Depreciation And Amortization | 4.9M | 5.9M | 8.2M | 4.2M |
First Foundation income statement Correlations
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First Foundation Account Relationship Matchups
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First Foundation income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 6.6M | 5.1M | 4.9M | 5.9M | 8.2M | 4.2M | |
Interest Expense | 78.8M | 47.2M | 13.9M | 85.2M | 371.4M | 390.0M | |
Selling General Administrative | 69.9M | 73.9M | 87.9M | 110.2M | 84.3M | 66.4M | |
Total Revenue | 193.9M | 243.8M | 295.0M | 328.7M | 174.9M | 178.1M | |
Gross Profit | 193.9M | 243.8M | 295.0M | 328.7M | 573.7M | 602.4M | |
Other Operating Expenses | 114.4M | (125.1M) | (143.2M) | 13.7M | 174.9M | 183.6M | |
Operating Income | 79.5M | 118.8M | 151.8M | 226.3M | (191.9M) | (182.3M) | |
Ebit | 79.5M | 120.3M | 153.7M | 152.6M | (200.1M) | (190.1M) | |
Ebitda | 86.1M | 125.4M | 158.6M | 158.5M | (191.9M) | (182.3M) | |
Total Operating Expenses | (114.4M) | (125.1M) | (143.2M) | 13.7M | 174.9M | 183.6M | |
Income Before Tax | 79.5M | 118.8M | 151.8M | 149.8M | (200.1M) | (190.1M) | |
Total Other Income Expense Net | (78.8M) | 118.8M | (2.6M) | (76.5M) | (8.2M) | (8.6M) | |
Net Income Applicable To Common Shares | 56.2M | 84.4M | 109.5M | 110.5M | 127.1M | 133.4M | |
Net Income | 56.2M | 84.4M | 109.5M | 110.5M | (199.1M) | (189.1M) | |
Income Tax Expense | 23.3M | 34.4M | 42.3M | 39.3M | (1M) | (950K) | |
Net Income From Continuing Ops | 56.2M | 84.4M | 109.5M | 110.5M | (184.3M) | (175.0M) | |
Tax Provision | 23.3M | 34.4M | 42.3M | 39.3M | 4.9M | 4.6M | |
Net Interest Income | 170.0M | 196.6M | 233.3M | 318.7M | 234.5M | 191.9M | |
Interest Income | 248.8M | 243.9M | 247.2M | 403.9M | 553.1M | 580.8M | |
Reconciled Depreciation | 6.6M | 6.6M | 6.8M | 8.7M | 8.8M | 7.4M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Foundation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in First Stock, please use our How to Invest in First Foundation guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Foundation. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Foundation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.01 | Earnings Share (1.26) | Revenue Per Share 1.829 | Quarterly Revenue Growth (0.03) |
The market value of First Foundation is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Foundation's value that differs from its market value or its book value, called intrinsic value, which is First Foundation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Foundation's market value can be influenced by many factors that don't directly affect First Foundation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Foundation's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Foundation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Foundation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.