First Foundation (FFWM) Provides Update on Financial Strength
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First Foundation Provides Update on Financial Strength
March 20, 2023 8:30 PM UTCDALLAS--(BUSINESS WIRE)-- First Foundation Inc. (NASDAQ: FFWM) (First Foundation or the Company), a financial services company with two wholly-owned operating subsidiaries, First Foundation Advisors and First Foundation Bank today issued the following updated financial information to reiterate its strong financial position as a regional bank.
First Foundation continues to have a resilient core business, with consolidated total assets valued at more than $13.9 billion as of 3/17/23.
First Foundation Bank remains in a strong liquidity position with available cash and cash equivalents held on balance sheet of approximately $1.3 billion as of 3/17/23.... More
