Royce & Associates Boosts Stake in First Foundation Inc.

Institutional investor increases holding in California-based bank and wealth management firm.

Mar. 4, 2026 at 11:08am

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Royce & Associates LP, an investment management firm, has increased its stake in First Foundation Inc. (NASDAQ: FFWM) by 18.7% in the third quarter, according to a recent SEC filing. The fund now owns approximately 1.8 million shares, or 2.2% of the bank's outstanding stock, valued at $10.1 million.

Why it matters

The increased investment by Royce & Associates, a respected institutional investor, signals confidence in First Foundation's growth prospects and financial performance. As a bank and wealth management firm serving high-net-worth individuals and businesses, First Foundation's ability to attract institutional investors is an important indicator of its market position and long-term viability.

The details

According to the SEC filing, Royce & Associates acquired an additional 285,944 shares of First Foundation during the third quarter, bringing its total holding to 1,811,991 shares. This represents a 18.7% increase in the firm's position in the bank. First Foundation, headquartered in Irvine, California, provides banking, lending, and wealth management services to individuals and businesses.

  • Royce & Associates increased its stake in the third quarter of 2025.

The players

Royce & Associates LP

An investment management firm that focuses on small-cap and mid-cap stocks.

First Foundation Inc.

A bank holding company headquartered in Irvine, California that provides banking, lending, and wealth management services.

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The takeaway

The increased investment by Royce & Associates in First Foundation Inc. suggests the institutional investor sees growth potential in the bank's business model and financial performance, which could signal positive news for the company's future.