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Side-by-side financial comparison of First Foundation Inc. (FFWM) and Primis Financial Corp. (FRST). Click either name above to swap in a different company.

First Foundation Inc. is the larger business by last-quarter revenue ($48.4M vs $45.6M, roughly 1.1× Primis Financial Corp.). Primis Financial Corp. runs the higher net margin — 16.0% vs -97.9%, a 113.9% gap on every dollar of revenue. Over the past eight quarters, Primis Financial Corp.'s revenue compounded faster (13.0% CAGR vs -2.7%).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

Primis Financial Corp is a U.S.-based financial holding company operating full-service banking subsidiaries. It provides a comprehensive range of financial solutions including personal and commercial deposit products, diverse loan facilities, mortgage services, and wealth management support, primarily serving retail and corporate customers across the U.S. mid-Atlantic region.

FFWM vs FRST — Head-to-Head

Bigger by revenue
FFWM
FFWM
1.1× larger
FFWM
$48.4M
$45.6M
FRST
Higher net margin
FRST
FRST
113.9% more per $
FRST
16.0%
-97.9%
FFWM
Faster 2-yr revenue CAGR
FRST
FRST
Annualised
FRST
13.0%
-2.7%
FFWM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FFWM
FFWM
FRST
FRST
Revenue
$48.4M
$45.6M
Net Profit
$-8.0M
$7.3M
Gross Margin
Operating Margin
-97.5%
Net Margin
-97.9%
16.0%
Revenue YoY
421.7%
Net Profit YoY
43.0%
200.0%
EPS (diluted)
$-0.09
$0.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FFWM
FFWM
FRST
FRST
Q1 26
$45.6M
Q4 25
$48.4M
$80.9M
Q3 25
$63.6M
$41.0M
Q2 25
$51.4M
$43.2M
Q1 25
$71.4M
$58.7M
Q4 24
$9.3M
$38.8M
Q3 24
$9.2M
$37.3M
Q2 24
$57.5M
$35.7M
Net Profit
FFWM
FFWM
FRST
FRST
Q1 26
$7.3M
Q4 25
$-8.0M
$29.5M
Q3 25
$-146.3M
$6.8M
Q2 25
$-7.7M
$2.4M
Q1 25
$6.9M
$22.6M
Q4 24
$-14.1M
$-26.2M
Q3 24
$-82.2M
$1.2M
Q2 24
$3.1M
$3.4M
Operating Margin
FFWM
FFWM
FRST
FRST
Q1 26
Q4 25
-97.5%
44.8%
Q3 25
-92.7%
21.3%
Q2 25
-21.1%
6.9%
Q1 25
8.8%
41.9%
Q4 24
-247.7%
-123.0%
Q3 24
-1276.7%
-3.1%
Q2 24
4.6%
7.8%
Net Margin
FFWM
FFWM
FRST
FRST
Q1 26
16.0%
Q4 25
-97.9%
36.5%
Q3 25
-230.1%
16.7%
Q2 25
-15.0%
5.6%
Q1 25
9.7%
38.6%
Q4 24
-152.2%
-100.3%
Q3 24
-896.9%
3.3%
Q2 24
5.4%
9.6%
EPS (diluted)
FFWM
FFWM
FRST
FRST
Q1 26
$0.30
Q4 25
$-0.09
$1.19
Q3 25
$-1.78
$0.28
Q2 25
$-0.09
$0.10
Q1 25
$0.08
$0.92
Q4 24
$-0.24
$-0.95
Q3 24
$-1.23
$0.05
Q2 24
$0.05
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FFWM
FFWM
FRST
FRST
Cash + ST InvestmentsLiquidity on hand
$1.6B
$159.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$912.6M
$427.2M
Total Assets
$11.9B
$4.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
FRST
FRST
Q1 26
$159.9M
Q4 25
$1.6B
$143.6M
Q3 25
$1.7B
$63.9M
Q2 25
$1.1B
$94.1M
Q1 25
$1.0B
$57.0M
Q4 24
$1.0B
$64.5M
Q3 24
$1.1B
$77.3M
Q2 24
$1.4B
$66.6M
Stockholders' Equity
FFWM
FFWM
FRST
FRST
Q1 26
$427.2M
Q4 25
$912.6M
$422.9M
Q3 25
$917.9M
$382.2M
Q2 25
$1.1B
$376.4M
Q1 25
$1.1B
$375.6M
Q4 24
$1.1B
$351.8M
Q3 24
$1.1B
$381.0M
Q2 24
$933.2M
$376.0M
Total Assets
FFWM
FFWM
FRST
FRST
Q1 26
$4.3B
Q4 25
$11.9B
$4.0B
Q3 25
$11.9B
$4.0B
Q2 25
$11.6B
$3.9B
Q1 25
$12.6B
$3.7B
Q4 24
$12.6B
$3.7B
Q3 24
$13.4B
$4.0B
Q2 24
$13.7B
$4.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FFWM
FFWM
FRST
FRST
Operating Cash FlowLast quarter
$-31.9M
Free Cash FlowOCF − Capex
$-35.2M
FCF MarginFCF / Revenue
-72.8%
Capex IntensityCapex / Revenue
6.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
FRST
FRST
Q1 26
Q4 25
$-31.9M
$10.8M
Q3 25
$9.2M
$-11.4M
Q2 25
$-16.3M
$-41.0M
Q1 25
$-552.0K
$34.4M
Q4 24
$-8.7M
$19.5M
Q3 24
$14.2M
$6.1M
Q2 24
$-9.1M
$52.3M
Free Cash Flow
FFWM
FFWM
FRST
FRST
Q1 26
Q4 25
$-35.2M
$9.0M
Q3 25
$8.6M
Q2 25
$-16.7M
Q1 25
$-2.5M
Q4 24
$-11.4M
$18.3M
Q3 24
$13.4M
Q2 24
$-9.4M
FCF Margin
FFWM
FFWM
FRST
FRST
Q1 26
Q4 25
-72.8%
11.2%
Q3 25
13.5%
Q2 25
-32.4%
Q1 25
-3.5%
Q4 24
-123.5%
47.3%
Q3 24
146.2%
Q2 24
-16.3%
Capex Intensity
FFWM
FFWM
FRST
FRST
Q1 26
Q4 25
6.9%
2.1%
Q3 25
1.0%
Q2 25
0.8%
Q1 25
2.8%
Q4 24
29.4%
3.1%
Q3 24
9.0%
0.0%
Q2 24
0.4%
0.0%
Cash Conversion
FFWM
FFWM
FRST
FRST
Q1 26
Q4 25
0.36×
Q3 25
-1.67×
Q2 25
-16.82×
Q1 25
-0.08×
1.52×
Q4 24
Q3 24
4.93×
Q2 24
-2.96×
15.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FFWM
FFWM

Segment breakdown not available.

FRST
FRST

Net Interest Income$32.1M70%
Noninterest Income$13.6M30%

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