Key Insights Significantly high institutional ownership implies First Foundation's stock price is sensitive to their...
DALLAS, October 03, 2024--First Foundation Inc. ("we," "our," "us," "First Foundation" or the "Company") (NYSE: FFWM), a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, today announced the reclassification of a portion of its multifamily portfolio totaling $1.9 billion principal balance from loans held to maturity to loans held for sale (the "Loan Reclassification").