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

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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.

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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.

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF) has experienced a cybersecurity incident. In response, the company has temporarily taken certain systems offline and is working to return to normal business operations as soon as possible. Please visit FirstAmUpdate.com for the latest information. About First American First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With.

First American Financial Corporation Provides Update on Cybersecurity Incident

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 was named the gold winner in the Most Innovative Company of the Year (large company) category at the Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publica.

First American Financial Corporation Named Most Innovative Company of the Year, Gold Winner at Best in Biz Awards 2023

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), today released First American Data & Analytics' proprietary Potential Home Sales Model for the month of November 2023. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic and housi.

Falling Mortgage Rates Spark Increase in Housing Market Potential, According to First American Data & Analytics' 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 published a study comparing the fees for title insurance and settlement services with other closing costs charged to borrowers when purchasing a home. Titled “Missing the Forest for the Fees – An Analysis of the Regressivity and Closing Cost Significance of.

Fees for Title Insurance and Settlement Services Less Than 1 Percent of Borrower's Total Life-of-Loan Costs: New Study From First American Chief Economist

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), today released its November 2023 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers tha.

Houston-The Woodlands-Sugar Land Home Prices Up 4.6% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Los Angeles-Long Beach-Glendale Home Prices Up 5.2% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Dallas-Plano-Irving Home Prices Up 3.7% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Homeowning ‘Grinches' Hoarding Housing Supply from Willing Holiday Buyers, According to First American Data & Analytics Monthly Home Price Index Report

New York-Jersey City-White Plains, NY-NJ Home Prices Up 4.7% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

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 the company earned a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace.

First American Earns Top Score in Human Rights Campaign Foundation's Corporate Equality Index for Sixth Time

SANTA ANA, Calif.--(BUSINESS WIRE)--ACI™, a leading provider of workflow solutions for the valuation industry for nearly 40 years and a member of the First American (NYSE: FAF) family of companies, today introduced SureStep® mobile, the most comprehensive appraisal inspection solution in the market. Through the applications and tools housed within ACI SureStep mobile, appraisers can conduct a full inspection onsite from their smartphone or tablet, including capturing photos, completing sketches.

ACI™ Introduces SureStep® Mobile, an Advanced Appraisal Data Collection and Order Management Solution

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 that Garrett Page, senior vice president of product development and technology services, has been named one of HousingWire's 2023 Tech Trendsetters, which recognize the most impactful and innovative technology leaders serving the housing economy. “Garrett has been.

First American Title Executive Garrett Page Named a 2023 HousingWire Tech Trendsetter

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 company management will participate in a fireside chat at the KBW Virtual Title Insurance Day conference at 11 a.m. EST on Thursday, Nov. 30, 2023. A live webcast of the fireside chat may be accessed at http://www.firstam.com/investor or here.

First American Financial Corporation to Participate in KBW Virtual Title Insurance Day Conference

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), today released its October 2023 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that.

‘Suppliers' Strike' Squeeze on Supply Sends House Prices to Another Record, According to First American Data & Analytics Monthly Home Price Index Report

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), today released its October 2023 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan Core-Based Statistical Area (CBSA) levels and includes metropolitan price tiers.

Houston-The Woodlands-Sugar Land Home Prices Up 4.0% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Dallas-Plano-Irving Home Prices Up 4.1% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

New York-Jersey City-White Plains, NY-NJ Home Prices Up 7.7% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

Los Angeles-Long Beach-Glendale Home Prices Up 6.2% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

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 Chief Innovation Officer Paul Hurst was named a 2023 Inman Best of Proptech award winner in the venture capital category. The inaugural Inman 2023 Best of Proptech awards spotlight the achievements of the companies and leaders leveraging tech.

First American Chief Innovation Officer Paul Hurst Named a 2023 Inman Best of Proptech Award Winner

First American (FAF) third-quarter results reflect soft residential purchase business, solid business, strong growth in net investment income and expense management.

First American (FAF) Tops Q3 Earnings Estimates, Raises Dividend

First American Financial Corporation (NYSE:FAF ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Craig Barberio - Vice President-Investor Relations Ken DeGiorgio - Chief Executive Officer Mark Seaton - Executive Vice President & Chief Financial Officer Conference Call Participants John Campbell - Stephens Soham Bhonsle - BTIG Bose George - KBW Geoffrey Dunn - Dowling & Partners Mark Hughes - Truist Securities Operator Greetings, and welcome to the First American Financial Corporation Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

First American Financial Corporation (FAF) Q3 2023 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, today announced financial results for the third quarter ended Sept. 30, 2023. Current Quarter Highlights Earnings per diluted share of ($0.02), or $1.22 per share on an adjusted basis Net investment losses of $164 million, or $1.17 per diluted share, primarily du.

First American Financial Reports Third Quarter 2023 Results

First American Financial has seen a material share price downturn over the past 2 months.

Why First American Financial Is Worth A Nibble At Current Prices

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), today released First American Data & Analytics' proprietary Potential Home Sales Model for the month of September 2023. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic and hous.

Housing Market Dynamics Mirror the Early 1980s, According to First American Data & Analytics' Potential Home Sales Model

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), today released its September 2023 Home Price Index (HPI) report. The report tracks home price changes at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sales transactions into sta.

New York-Jersey City-White Plains, NY-NJ Home Prices Up 5.6% Year Over Year, According to First American Data & Analytics Monthly Home Price Index Report

News for First American Financial Stock (FAF)