Market Movers (8-K)
See all →First Foundation Inc. has completed its merger with FirstSun Capital Bancorp, with FirstSun surviving and First Foundation's stock delisting from the NYSE.
First Foundation Inc. announced employment agreement updates for its President/Chief Risk Officer and CFO, alongside confirming regulatory approval and an anticipated April 1, 2026 closing date for its merger with FirstSun Capital Bancorp.
First Foundation Inc. and FirstSun Capital Bancorp have received all necessary bank regulatory approvals, including from the Federal Reserve, for their proposed merger, expected to close on April 1, 2026.
First Foundation Inc. stockholders overwhelmingly approved the merger with FirstSun Capital Bancorp and related proposals at a special meeting.
First Foundation Inc. and FirstSun Capital Bancorp announced regulatory approval from the Office of the Comptroller of the Currency for the merger of their bank subsidiaries, moving closer to their full merger.
Better than expected
First Foundation Inc. and FirstSun Capital Bancorp have amended their merger agreement, modifying the conversion rights for FirstSun's non-voting common stock.
Quarterly Earnings (10-Q)
See all →First Foundation Inc. reported a significant net loss for Q3 2025 and announced a merger agreement with FirstSun Capital Bancorp, expected to close in Q2 2026.
Worse than expected
Capital raise
First Foundation Inc. reported a net loss for Q2 2025, primarily driven by a significant loss on the sale of multifamily loans, despite an improved net interest margin.
Capital raise
Worse than expected
First Foundation Inc. announces a net income of $6.9 million for the first quarter of 2025, a significant improvement compared to the previous quarter and the same period last year, primarily driven by increased net interest income and noninterest income.
Better than expected
10-Q: First Foundation Inc. Reports Net Loss Due to Loan Reclassification, Capital Raise Bolsters Equity
First Foundation Inc. experienced a net loss in Q3 2024 primarily due to a loan portfolio reclassification, while a significant capital raise boosted shareholder equity.
Worse than expected
Capital raise
First Foundation Inc. reported a net income of $3.1 million for the second quarter of 2024, a significant improvement compared to the net loss of $212.3 million in the same period last year, which included a substantial goodwill impairment charge.
Worse than expected
Capital raise
First Foundation Inc. experienced a decrease in net income for the first quarter of 2024, primarily due to increased interest expenses impacting net interest income.
Worse than expected
Capital raise
Annual Reports (10-K)
First Foundation Inc. filed an amended annual report for 2025, detailing corporate governance, executive compensation, and revealing a significant net loss and negative return on equity.
Worse than expected
Capital raise
Delay expected
First Foundation Inc. reported a net loss of $155.2 million for 2025, alongside a pending merger with FirstSun Capital Bancorp and identified material weaknesses in internal controls.
Worse than expected
Capital raise
First Foundation Inc. reports a net loss for 2024, impacted by a loan portfolio reclassification, while outlining plans for strategic diversification and addressing internal control weaknesses.
Capital raise
Worse than expected
First Foundation Inc. reported a net loss of $199.1 million for 2023, primarily due to a $215.3 million goodwill impairment charge.
Worse than expected
Insider Trading (Form 4)
See all →First Foundation CEO Thomas C. Shafer reported the disposition of 500,000 shares of First Foundation common stock following the merger with FirstSun Capital Bancorp.
John Hakopian, President of FFA, disposed of all First Foundation Inc. common stock and restricted stock units following the merger with FirstSun Capital Bancorp.
First Foundation Director Sam Edelson disposed of all common stock and converted restricted stock units following the merger with FirstSun Capital Bancorp.
First Foundation Inc. Director C. Allen Parker disposed of all common stock and restricted stock units following the merger with FirstSun Capital Bancorp, converting them into FirstSun shares.
Benjamin Mackovak, a director and 10% owner of First Foundation Inc., reported the disposition of shares and conversion of restricted stock units due to the merger with FirstSun Capital Bancorp.
First Foundation Director Mitchell M. Rosenberg disposed of all his common stock and forfeited restricted stock units following the merger with FirstSun Capital Bancorp.
Proxy Statements (Def-14A)
See all →FirstSun Capital Bancorp and First Foundation Inc. plan to merge, creating a premier Southwest bank with approximately $17 billion in assets and projecting significant EPS accretion by 2027.
Better than expected
DEFA14A: First Foundation Inc. to Hold 2025 Annual Meeting, Seeks Stockholder Votes on Key Proposals
First Foundation Inc. is holding its annual meeting on May 29, 2025, and is soliciting stockholder votes on director elections, an equity incentive plan, auditor ratification, and executive compensation.
First Foundation Inc. will hold its annual stockholders meeting on May 29, 2025, to vote on director elections, an equity incentive plan, auditor ratification, and executive compensation.
Worse than expected
First Foundation Inc. is holding a special meeting on September 30, 2024, to seek stockholder approval for proposals related to its recent $228 million equity capital raise.
Capital raise
First Foundation Inc. finalizes a $228 million equity investment from Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, and other investors to enhance its capital structure.
Capital raise
DEFA14A: First Foundation Secures $228 Million Equity Infusion, Bolsters Board with Industry Veterans
First Foundation Inc. announces a strategic equity investment of $228 million from Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, and other investors to strengthen its balance sheet and drive future growth.
Capital raise
Schedule 13D - Activist Investments
First Foundation Inc. has merged with FirstSun Capital Bancorp, with the latter surviving, marking the termination of previous agreements and the conversion of shareholder rights.
Canyon Partners, a significant shareholder in First Foundation Inc., has committed to voting its 9.9% stake in favor of the company's merger with FirstSun Capital Bancorp.
Capital raise
Schedule 13G - Passive Investments
See all →North Reef Capital Management LP, along with its GP LLC and James Hanna III, has reported beneficial ownership of 7.13% of First Foundation Inc.'s common stock as of March 31, 2026.
The Vanguard Group has reported a 0% beneficial ownership in First Foundation Inc. following an internal realignment, indicating a full divestment of its previously reported stake.
Worse than expected
The Vanguard Group has filed a Schedule 13G, reporting a 5.24% beneficial ownership stake in First Foundation Inc.'s Common Stock as of December 31, 2025.
FMR LLC and Abigail P. Johnson have reduced their beneficial ownership in First Foundation Inc. common stock to 4.0% as of September 30, 2025.
Worse than expected
North Reef Capital Management LP and its affiliates reported a 9.2% beneficial ownership stake in First Foundation Inc., holding 7,615,000 shares of common stock.
FMR LLC and Abigail P. Johnson have reported beneficial ownership of 5.9% of First Foundation Inc.'s common stock as of June 30, 2025.