First Foundation: Q2 Earnings Snapshot

DALLAS (AP) _ First Foundation Inc. (FFWM) on Tuesday reported second-quarter earnings of $33.3 million.

The Dallas-based bank said it had earnings of 59 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The wealth manager and commercial bank posted revenue of $103.4 million in the period. Its revenue net of interest expense was $95.2 million, which also topped Street forecasts. Four analysts surveyed by Zacks expected $92.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFWM at https://www.zacks.com/ap/FFWM