First Foundation, Inc., headquartered in Irvine, California with 713 employees, is a bank holding company providing financial services through its subsidiaries including First Foundation Bank and First Foundation Advisors. Established segments include Banking and Wealth Management, serving a clientele across California, Nevada, Florida, Texas, and Hawaii since its IPO on 2014-11-03.
FFWM has been in the news recently: FFWM saw growth in their investment banking units from bond sales, while U.S. lenders like Citizens Financial faced lower profits due to decreased loan demand and high deposit interest rates. Regions Financial's second-quarter profit fell 14% due to lower net interest income, with a forecast of flat to 2% growth for the third quarter.
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