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.

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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), 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 March 2023. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals.

Credit Crunch Unlikely to Significantly Impact Mortgage Availability, 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, April 27, 2023, at 11 a.m. EDT. The call will follow the release of the company's earnings results for the first quarter of 2023, which is scheduled earlier that day at 6:45 a.m. EDT.

First American Financial Announces First Quarter 2023 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 the January 2023 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S.

Not All Markets ‘Boomed' and Not All Markets Are ‘Busting,' 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 February 2023. The Potential Home Sales Model measures what the healthy market level of home sales should be based on economic, demographic, and housing market fundamentals.

Home Buyers May Find More Opportunities With New Homes This Spring, According to First American Potential Home Sales Model

First American (FAF) is well-poised for growth on the back of higher direct premiums and escrow fees, solid performance of the commercial market and effective capital deployment.

Here's Why Hold Strategy is Apt for First American (FAF)

SANTA ANA, Calif.--(BUSINESS WIRE)--First American Data & Analytics, a leading national provider of property-centric information, risk management and advanced analytics and a division of First American Financial Corporation (NYSE:FAF), announced today that it has been recognized by HousingWire Magazine as a 2023 HW Tech100 Mortgage and Tech100 Real Estate winner.

First American Data & Analytics Again Named One of the Most Innovative Technology Companies in Mortgage and Real Estate by HousingWire Magazine

First American Data & Analytics' FraudGuard® Solution Is the First-of-its-Kind to Integrate With Ice Mortgage Technology®'s New Encompass® Platform

First American Financial Corporation (NYSE:FAF ) Q4 2022 Earnings Conference Call February 9, 2023 11:00 AM ET Company Participants Craig Barberio - Vice President of Investor Relations Ken DeGiorgio - Chief Executive Officer Mark Seaton - Executive Vice President & Chief Financial Officer Conference Call Participants Bose George - KBW Mark DeVries - Barclays Mark Hughes - Truist John Campbell - Stephens Operator Greetings and welcome to the First American Financial Corporation Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

First American Financial Corporation (FAF) Q4 2022 Earnings Call Transcript

First American Financial (FAF) delivered earnings and revenue surprises of -6.90% and 6.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

First American Financial (FAF) Misses Q4 Earnings and Revenue 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 fourth quarter ended Dec. 31, 2022. Current Quarter Highlights Earnings per diluted share of 52 cents, or $1.35 per share excluding 83 cents of net investment losses Total revenue of $1.

First American Financial Reports Results for the Fourth Quarter and Full Year of 2022

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 the completion of First American's acquisition of assets of 1031 Solutions, LLC, a full-service 1031 exchange company that provides qualified intermediary services for real estate exchanges, including reverse and improvement exchanges, to attorneys, tax advisors, real estate professionals and investors. All of 1031 Solutions' capabilities will now be positioned under the First American Exchange Company brand.

First American Acquires 1031 Solutions

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 November 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 national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.

House Prices Declining Fastest in Overvalued Markets, According to First American Real House Price Index

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First American Financial has seen some near-term headwinds, but things are starting to look up. It's gaining market share in home purchase and commercial transactions and is expanding its mortgage sub-servicing unit.

First American Financial: Patience Should Be Rewarded

First American Financial (FAF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will First American Financial (FAF) Beat Estimates Again in Its Next Earnings 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 it will host a conference call to discuss its fourth-quarter and full-year 2022 earnings results on Thursday, Feb. 9, 2023, at 11 a.m. EST.

First American Financial Announces Fourth-quarter and Full-year 2022 Earnings Conference Call

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Increased domestic residential purchase and commercial transactions, strategic buyouts and higher average invested balances continue to drive First American (FAF).

Reasons Why First American (FAF) Stock is a Solid Pick Now

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 October 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 national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.

Affordability May Rebound in 2023, 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 November 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.

The Case for Optimism for Housing Market Potential in 2023, 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 Chief Innovation Officer Paul Hurst was named the gold winner in the Innovator of the Year category at the Best in Biz Awards 2022, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. The 12th annual Best in Biz Awards saw fierce competition among more than 700 entries from public and private companies of all sizes and representing all industries and regions in the U.S. and Canada, ranging from some of the most iconic global brands to the most innovative start-ups and resilient local companies.

First American Financial Corporation Chief Innovation Officer Paul Hurst Named Gold Innovator of the Year Winner at Best in Biz Awards 2022

SANTA ANA, Calif.--( BUSINESS WIRE )--First American Data & Analytics, a leading national provider of property-centric information, risk management and advanced analytics and a division of First American Financial Corporation (NYSE: FAF), announced today that Calvin Powell, the division's chief information officer, has been named one of the winners of HousingWire's 2022 HW Tech Trendsetters. The HW Tech Trendsetters recognize the top product and technology leaders who have been essential in bringing innovative tech solutions to market for housing industry clients.

First American Data & Analytics Executive Calvin Powell Named a 2022 HW 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 released the September 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 national, state and metropolitan area levels. Because the RHPI adjusts for house-buying power, it also serves as a measure of housing affordability.

House Prices Decline, but Equity Buffers Remain Robust, According to First American Real House Price Index

First American's The REconomy Podcast™ Reaches 50th Episode Milestone

First American (FAF) Q3 results reflect higher net investment income, partly offset by soft performance at both Title Insurance and Services segment and the Specialty Insurance segment.

News for First American Financial Stock (FAF)