First Foundation (FFWM) Revenue & Revenue Breakdown


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First Foundation Revenue Highlights


Latest Revenue (Y)

$573.69M

Latest Revenue (Q)

$157.16M

Main Segment (Y)

Wealth Management

First Foundation Revenue by Period


First Foundation Revenue by Year

DateRevenueChange
2023-12-31$573.69M74.51%
2022-12-31$328.75M11.45%
2021-12-31$294.96M20.96%
2020-12-31$243.85M25.78%
2019-12-31$193.87M9.96%
2018-12-31$176.30M15.73%
2017-12-31$152.34M22.84%
2016-12-31$124.01M42.60%
2015-12-31$86.96M28.71%
2014-12-31$67.56M21.74%
2013-12-31$55.50M25.14%
2012-12-31$44.35M-

First Foundation generated $573.69M in revenue during NA 2023, up 74.51% compared to the previous quarter, and up 325.40% compared to the same period a year ago.

First Foundation Revenue by Quarter

DateRevenueChange
2024-09-30$157.16M-4.02%
2024-06-30$163.74M8.83%
2024-03-31$150.45M-65.71%
2023-12-31$438.81M1022.61%
2023-09-30$39.09M-7.06%
2023-06-30$42.06M-21.73%
2023-03-31$53.74M-15.67%
2022-12-31$63.72M-26.16%
2022-09-30$86.30M-4.74%
2022-06-30$90.59M2.79%
2022-03-31$88.13M19.67%
2021-12-31$73.65M-15.69%
2021-09-30$87.36M25.52%
2021-06-30$69.59M8.12%
2021-03-31$64.37M4.92%
2020-12-31$61.35M-16.58%
2020-09-30$73.53M31.80%
2020-06-30$55.79M4.93%
2020-03-31$53.17M6.73%
2019-12-31$49.82M-2.68%
2019-09-30$51.19M9.54%
2019-06-30$46.73M1.33%
2019-03-31$46.12M-0.68%
2018-12-31$46.44M-7.08%
2018-09-30$49.98M26.81%
2018-06-30$39.41M-2.64%
2018-03-31$40.48M-4.98%
2017-12-31$42.60M11.22%
2017-09-30$38.30M1.89%
2017-06-30$37.59M11.08%
2017-03-31$33.84M3.84%
2016-12-31$32.59M-14.78%
2016-09-30$38.24M42.53%
2016-06-30$26.83M1.84%
2016-03-31$26.35M-1.38%
2015-12-31$26.71M19.64%
2015-09-30$22.33M12.52%
2015-06-30$19.84M9.79%
2015-03-31$18.07M-0.39%
2014-12-31$18.15M1.46%
2014-09-30$17.88M10.18%
2014-06-30$16.23M6.08%
2014-03-31$15.30M6.63%
2013-12-31$14.35M4.54%
2013-09-30$13.73M-6.61%
2013-06-30$14.70M15.50%
2013-03-31$12.72M-

First Foundation generated $157.16M in revenue during Q3 2024, up -4.02% compared to the previous quarter, and up 373.66% compared to the same period a year ago.

First Foundation Revenue Breakdown


First Foundation Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Consulting Fees$354.00K$396.00K$414.00K$407.00K$467.00K
Wealth Management$28.16M$29.00M$28.45M$23.41M$23.07M
Trust Fees$6.75M$9.39M$7.16M$5.64M$5.12M

First Foundation's latest annual revenue breakdown by segment (product or service), as of Dec 23: Wealth Management (79.85%), Trust Fees (19.15%), and Consulting Fees (1.00%).

Quarterly Revenue by Product

Product/ServiceSep 18Jun 18
Investment Advisory Management And Administrative Service$7.23M$7.09M

First Foundation's latest quarterly revenue breakdown by segment (product or service), as of Sep 18: Investment Advisory Management And Administrative Service (100.00%).

First Foundation Revenue Breakdown by Country

Quarterly Revenue by Country

CountrySep 18Jun 18
Investment Advisory Management And Administrative Service$7.23M$7.09M

First Foundation's latest quarterly revenue breakdown by geography, as of Sep 18: Investment Advisory Management And Administrative Service (100.00%).

First Foundation Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PPBIPacific Premier Bancorp$887.99M$161.66M
VBTXVeritex$776.57M$201.82M
FFWMFirst Foundation$573.69M$157.16M
FBMSFirst Bancshares$387.64M$93.56M
FMBHFirst Mid Bancshares$386.95M$44.35M
CNOBConnectOne Bancorp$373.75M$134.98M

FFWM Revenue FAQ


What is First Foundation’s yearly revenue?

First Foundation's yearly revenue for 2023 was $573.69M, representing an increase of 74.51% compared to 2022. The company's yearly revenue for 2022 was $328.75M, representing an increase of 11.45% compared to 2021. FFWM's yearly revenue for 2021 was $294.96M, representing an increase of 20.96% compared to 2020.

What is First Foundation’s quarterly revenue?

First Foundation's quarterly revenue for Q3 2024 was $157.16M, a -4.02% decrease from the previous quarter (Q2 2024), and a 302.06% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $163.74M, a 8.83% increase from the previous quarter (Q1 2024), and a 289.30% increase year-over-year (Q2 2023). FFWM's quarterly revenue for Q1 2024 was $150.45M, a -65.71% decrease from the previous quarter (Q4 2023), and a 179.98% increase year-over-year (Q1 2023).

What is First Foundation’s revenue growth rate?

First Foundation's revenue growth rate for the last 3 years (2021-2023) was 94.50%, and for the last 5 years (2019-2023) was 195.91%.

What are First Foundation’s revenue streams?

First Foundation's revenue streams in c 23 are Consulting Fees, Wealth Management, and Trust Fees. Consulting Fees generated $354K in revenue, accounting 1.00% of the company's total revenue, down -10.61% year-over-year. Wealth Management generated $28.16M in revenue, accounting 79.85% of the company's total revenue, down -2.87% year-over-year. Trust Fees generated $6.75M in revenue, accounting 19.15% of the company's total revenue, down -28.11% year-over-year.

What is First Foundation’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of First Foundation was Wealth Management. This segment made a revenue of $28.16M, representing 79.85% of the company's total revenue.