Press Release|Financial Institutions
KBRA Releases Surveillance Report for First Foundation, Inc.
1 Dec 2023 | New York
On November 10, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Dallas, Texas-based First Foundation, Inc. (NASDAQ: FFWM) ("the company"). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for First Foundation Bank, the main subsidiary. The Outlook for the long-term ratings was revised to Negative from Stable.
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