On Wednesday, First Foundation (NYSE:FFWM)’s shares slumped after the Texas-based lender with a huge portfolio of multifamily real estate loans disclosed a $228 million “unexpected” capital raise at a steep discount.
Below is a list of U.S. banks with some of the largest ratio of CRE loans to Tier 1 capital plus allowance for loan losses, as of March 31, according to S&P Global Market Intelligence.
Note:
* ALLL – allowance for loan and lease losses
Data source: S&P Global Market Intelligence
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