Stephens Upgrades First American Financial (FAF) to Overweight

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Go back to Stephens Upgrades First American Financial (FAF) to Overweight

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

February 9, 2023 6:45 AM EST

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 $1.7 billion, down 29 percent compared with last year Excluding net investment losses of $114 million, total revenue was $1.8 billion,... More