Amazon's Betting Big on This Unknown AI Company

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

First Foundation Inc
NASDAQ:FFWM
$6.44
Open 6.46 Prev Close 6.57
High 6.64 Low 6.38
Volume 531,972 Volume (Avg) 467,094
52 Week High 25.55 52 Week Low 7.87
Market Cap 1.1B PE Ratio -1.77

General

NameFirst Foundation Inc
TickerFFWM
ExchangeNASDAQ
SectorFinancial Services
IndustryBanks-Regional
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees502

About First Foundation Inc

First Foundation Inc., through its subsidiaries, provides financial services to individuals, businesses, and other organizations in the United States. It operates through two segments, Banking, and Investment Management and Wealth Planning. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits. It also provides various specialized services comprising trust services, internet and mobile banking, remote deposit capture services, merchant credit card services, ATM cards, Visa debit cards, and business sweep accounts, as well as insurance brokerage services and equipment financing solutions. In addition, the company offers investment management and financial planning services; treasury management services; advisory and coordination services in the areas of estate planning, retirement planning, and charitable and business ownership issues; and financial, investment, and economic advisory and related services. Further, it provides support services, including the processing and transmission of financial and economic data for charitable organizations. The company operates through a network of 20 branch offices and 3 loan production offices in California, Nevada, and Hawaii. The company was founded in 1985 and is headquartered in Irvine, California.

Highlights

Analyst Target27.20
Market Cap1,118,973,440
PE Ratio-1.77
PEG Ratio2.80

Valuation

Trailing PE13.32
Price/Sales (Trailing 12 Mt.)4.27
Price/Book (Most Recent Quarter)1.49

Technicals

Beta1.56
52 Week High25.55
52 Week Low7.87
50 Day Average22.60
200 Day Average18.47

Dividend

First Foundation Inc pays out a dividend of $0.28 per share, with a dividend yield of 0.77%.

FFWM's last dividend payment was made to shareholders on February 15, 2021.

They pay out 15.96% of their earnings out as a dividend.

Recent Dividends

May 16, 2024$0.01
Feb 15, 2024$0.01
Nov 16, 2023$0.01
Aug 17, 2023$0.02
May 19, 2023$0.02
Feb 16, 2023$0.11
Nov 17, 2022$0.11
Aug 16, 2022$0.11
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