💨 Abstract

First Foundation Inc., a Dallas-based wealth manager and commercial bank, reported Q1 net income of $6.9 million (8 cents per share), beating analyst expectations of 2 cents per share. Revenue was $161.3 million, with $71.4 million net of interest expense, also surpassing forecasts. The results, adjusted for non-recurring costs, were 9 cents per share.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖