First American Financial

First American Financial Corp. engages in the provision of title insurance and settlement services to the real estate and mortgage industries. It also provides other financial services and risk solutions. It operates through the following segments: Title Insurance and Services, Specialty Insurance, and Corporate. The Title Insurance and Services segment provides title insurance, escrow, closing services and similar or related financial services domestically and internationally in connection with residential and commercial real estate transactions. It also maintains, manages and provides access to title plant records and images and provides banking, trust and investment advisory services. The Specialty Insurance segment issues property and casualty insurance policies and sells home warranty products. It also provides title plant management services, which include title and other real property records and images, valuation products and services, home warranty products, property and casualty insurance and banking, trust and investment advisory services. The Corporate segment includes the investment and management of the company's venture investment portfolio. The company was founded in 1889 and is headquartered in Santa Ana, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

First American Financial reports resilient Q4 performance and growth opportunities

First American Financial navigated challenges in declining orders with a focus on expense management and investment income growth.
Despite declining open orders, the company had a record year in the commercial business segment.
Opportunities lie in capital deployment, returning capital to shareholders, and improving transparency.
Analyst questions highlighted areas for improvement and clarity, signaling a focus on addressing stakeholder concerns.

First American Financial reports solid Q1 earnings amidst market challenges

First American Financial demonstrated strong financial performance with notable increases in net investment income and pre-tax title margin, despite facing challenges in the commercial market and residential purchase business.
The company's recognition as one of the best workplaces, progress at Endpoint, and financial stability of ServiceMac highlight its strengths and resilience.
While challenges persist in certain market segments, opportunities for growth and efficiency improvements exist through strategic initiatives and effective expense management.
Overall, First American Financial's Q1 2023 earnings call reflects a mix of positive results, challenges, and opportunities, positioning the company for continued success and growth.

First American Financial reports resilient Q2 performance amidst market challenges

First American Financial navigated market headwinds well, with a focus on shareholder returns and operational improvements. Despite revenue declines in certain segments, the company's financial performance remained strong, supported by growth in investment income and a stable commercial market.

First American Financial resilient in challenging Q3, eyes growth

First American Financial navigated challenging market conditions in Q3 2023, maintaining a strong financial position and delivering solid earnings.
While facing uncertainties in the commercial market, the company demonstrated resilience through strategic initiatives and efficient expense management.
Opportunities for growth exist in the residential purchase and Home Warranty businesses, despite cautious outlooks for 2024.
Overall, First American Financial's performance reflects adaptability to market changes, commitment to shareholders, and a focus on sustainable growth.

First American Financial faces cybersecurity impact but shows resilience and growth potential

First American Financial navigated challenges from a cybersecurity incident, impacting Q4 results but showing resilience.
Despite revenue declines in key segments, the company demonstrated strength through share repurchases and stable investment income.
Addressing margin drag and capitalizing on volume increases present opportunities for future growth and profitability.

First American Financial shows resilience amidst real estate challenges in Q1

First American Financial navigated challenges in Q1 2024 but showed resilience and positive signs of recovery in key segments.
Management's focus on maintaining margins and addressing industry challenges indicates a strategic approach to future growth.
Opportunities exist to capitalize on momentum, optimize revenue streams, and adapt to regulatory changes for sustained success.
Overall, the company's performance in Q1 reflects a mix of challenges, strengths, and opportunities for strategic advancement.

First American Financial reports mixed Q2 results, focuses on automation

First American Financial's Q2 performance showed mixed results with stable commercial business but challenges in the purchase and refinance markets. Strong performance in the Home Warranty segment and early success of automation initiatives provide a foundation for growth amidst market uncertainties.

First American Financial reports Q3 growth amidst market challenges

First American Financial (FAF) delivered solid financial performance in Q3 2024, driven by revenue growth and improved earnings per share.
While facing challenges in the purchase market and the Home Warranty segment, FAF's strategic focus on efficiency and innovation bodes well for future resilience.
Optimism for the commercial business segment and ongoing efforts to streamline operations present opportunities for sustained growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

First American Financial Corp. engages in the provision of title insurance and settlement services to the real estate and mortgage industries. It also provides other financial services and risk solutions. It operates through the following segments: Title Insurance and Services, Specialty Insurance, and Corporate. The Title Insurance and Services segment offers title insurance, escrow, closing services and similar or related financial services domestically and internationally in connection with residential and commercial real estate transactions. The Specialty Insurance segment issues property and casualty insurance policies and sells home warranty products. The Corporate segment includes the investment and management of the company's venture investment portfolio. The company was founded in 1889 and is headquartered in Santa Ana, CA.

CHARLOTTE, N.C. , Sept. 20, 2022 /PRNewswire/ -- Paymints.io, a secure, digital, white-label SaaS platform that allows parties to collect earnest money as well as transfer and disburse funds for real estate transactions, has integrated with First American Title Insurance Company's PRISM ®  digital platform for title agents.

Paymints.io Integrates with First American Title's PRISM® Platform for Secure Transaction Funding

eXp World Holdings Inc

LGI Homes

Real estate is a proven money-making industry and companies operating in it have the attention of this billionaire investor.

Warren Buffett Loves These 3 Real Estate Sectors: Should You, Too?

Fire & Flower Holdings Corp. (OTCQX:FFLWF) Q2 2022 Results Earnings Conference Call September 13, 2022 8:30 AM ET Company Participants Stéphane Trudel - Chief Executive Officer Judy Adam - Chief Financial Officer Conference Call Participants Frederico Gomez - ATB Capital Markets Andrew Semple - Echelon Wealth Partners Justin Keywood - Stifel GMP Operator Good morning or good afternoon, all. And welcome to the Fire & Flower Second Quarter Fiscal 2022 Financial and Operational Results Call.

Fire & Flower Holdings Corp. (FFLWF) Q2 2022 Earnings Call Transcript

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Great Place to Work® and Fortune have recognized First American as one of the Best Workplaces in Financial Services & Insurance™ for the sixth consecutive year. “First American is widely known for our first-class culture that reflects the

First American Named One of the Best Workplaces in Financial Services & Insurance™ by Great Place to Work® and Fortune for Sixth Year in a Row

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the June 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at

The ‘Great House Price Moderation' Varies by Market, According to First American Real House Price Index

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation (NYSE: FAF), today announced the launch of its PRISM™ digital platform, which combines automation and marketing tools, allowing First American policy-issuing title agents to offer valuable products and services directly to their customers via any computer or mobile device at any time. In a tra

First American Title Unveils PRISM™ Digital Platform for Title Agents

First American's (FAF) latest dividend hike of 2% indicates a strong financial position and effective deployment of capital.

First American (FAF) Shares More Profits, Ups Dividend by 2%

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 52 cents per common share, a 2 percent increase over the prior level of 51 cents per common share. “This increase in the cash dividend reflects our continued confidence in the p

First American Financial Corporation Increases Quarterly Cash Dividend to 52 Cents Per Share

OAKVILLE, Ontario--(BUSINESS WIRE)--FCT, the leading national service provider in real estate technology and title insurance, announced today an integration with Canadian Residential Appraisal Library (CRAL) ReportPro™ from ACI, a leading innovator in collateral valuation technologies. This integration allows appraisers to directly populate appraisal forms with residential property information, capturing key data points in one click and reducing turnaround times by more than half in many instan

FCT Integration With Canadian Residential Appraisal Library ReportPro™ From ACI Helps Reduce Appraisal Turn Times

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF) and a leading national provider of property and ownership data and advanced analytic solutions, today introduced Procision™, a new automated valuation model (AVM) suite that uses a state-of-the-art blended ensemble modeling approach to deliver an exceptional level of accuracy to lenders and financial services clients, proptech companies, and other sophisticated

First American Data & Analytics Introduces Procision™ Automated Valuation Model Suite

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released First American's proprietary Potential Home Sales Model for the month of July 2022. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. July

Housing Market May Be Entering ‘The Great Normalization,' According to First American Potential Home Sales Model

First American Financial (FAF) remains well poised to gain from higher revenues in the home warranty business, strategic acquisitions and prudent capital deployment.

First American (FAF) to Gain From Solid Segmental Performance

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Endpoint, the digital title and settlement company built from the ground up to make closing real estate transactions easy for all, today announced the launch of new proprietary solutions specifically tailored for proptech companies, investors and tech-forward real estate organizations looking for a scalable digital closing platform to support their growth across the nation. Endpoint's new solutions, combined with their team of experienced closing specialists

Endpoint Unveils Solutions to Support Proptech Companies and Investors Searching for a Scalable Digital Closing Platform

First American (FAF) Q2 results reflect soft performance at both Title Insurance and Services segment and the Specialty Insurance segment.

First American (FAF) Q2 Earnings Beat, Revenues Miss Estimates

First American Financial Corporation (NYSE:FAF ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Craig Barberio - VP, IR Ken DeGiorgio - CEO Mark Seaton - EVP & CFO Conference Call Participants Mark DeVries - Barclays Bose George - KBW Mark Hughes - Truist Securities Ryan Gilbert - BTIG John Campbell - Stephens Geoffrey Dunn - Dowling & Partners Operator Greetings, and welcome to the First American Financial Corporation's Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

First American Financial Corporation's (FAF) CEO Ken DeGiorgio on Q2 2022 Results - Earnings Call Transcript

First American Financial (FAF) delivered earnings and revenue surprises of 21.60% and 4%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

First American Financial (FAF) Beats Q2 Earnings Estimates

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced financial results for the second quarter ended June 30, 2022. Current Quarter Highlights Earnings per diluted share of $1.01, or $1.97 excluding 96 cents of net investment losses Total revenue of $2.1 billion, down 9 percent compared with last yea

First American Financial Reports Second Quarter 2022 Results

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the May 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at n

Rising Mortgage Rates May Trigger an ‘Arms' Race for Home Buyers, According to First American Real House Price Index

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released First American's proprietary Potential Home Sales Model for the month of June 2022. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. June

Housing Market Potential Adjusting to Post-Pandemic Norm, According to First American Potential Home Sales Model

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that it will host a conference call on Thursday, July 28, 2022, at 11 a.m. EDT. The call will follow the release of the company's earnings results for the second quarter of 2022, which is scheduled earlier that day at 6:45 a.m. EDT. The conference

First American Financial Announces Second-Quarter 2022 Earnings Conference Call

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released First American's proprietary Potential Capitalization Rate (PCR) Model for the first quarter of 2022. The PCR Model estimates capitalization rates based on the historical relationship between interest rates, rental income, prevailing occupancy rate

Slowing Asset Price Growth to Push Cap Rates Higher, According to First American Potential Capitalization Rate Model

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the April 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the impact of income and interest rate changes on consumer house-buying power over time at

Affordability Declines to Lowest Level Since 2007, According to First American Real House Price Index

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), announced today the launch of FraudGuard® Home Equity, a new single-source solution for fraud risk management designed and configured specifically to help home equity lenders streamline their use of third-party vendors, while reducing costs and improving ef

First American Data & Analytics Launches FraudGuard® Home Equity Solution

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released First American's proprietary Potential Home Sales Model for the month of May 2022. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals. May 20

Two Trends Slowing Housing Market Normalization, According to First American Potential Home Sales Model

Fire & Flower Holdings Corp. (OTCQX:FFLWF) Q1 2022 Earnings Conference Call June 14, 2022 8:30 AM ET Company Participants Stéphane Trudel - President & Chief Executive Officer Judy Adam - Chief Financial Officer Conference Call Participants Frederico Gomes - ATB Andrew Semple - Echelon Wealth Partners Justin Keywood - Stifel Matthew Baker - Cantor Fitzgerald Jason Sandberg - PI Financial Operator Hello and welcome to the Fire & Flower First Quarter Financial and Operational Results Call. My name is Lauren, and I'll be coordinating your call today.

News for First American Financial Stock (FAF)