First American Financial (FAF) Company Report

First American Financial Corporation reported adjusted earnings per share of $1.70 and adjusted consolidated revenue growth of 14% for Q3 2025, with adjusted EPS increasing 27%.
The commercial business delivered strong performance, with revenue up 29% and a record average revenue per order of $16,000, while the residential market faced challenges, including a 2% decline in purchase revenue.
The company is progressing with its AI-driven platforms, Endpoint and Sequoia, with Endpoint's first office rollout in December and Sequoia's first purchase transaction planned for Q1 2026, aiming for significant productivity gains.
FAF increased its common stock dividend by 2% to an annual rate of $2.20 per share and repurchased $34 million in shares during Q3 2025, though the buyback program is currently paused. Investment income is projected to be down slightly sequentially in Q4 2025 and down year over year in 2026 due to expected rate cuts.

Oct 23, 2025, 3:00 PM

Transcript

First American Financial Corporation Reports Strong Q3 2025 Earnings Amidst Mixed Market Conditions

FAF

Earnings

Product Launch

Share Buyback

First American Financial Corporation reported adjusted earnings per share of $1.70 for Q3 2025, marking a 27% increase year-over-year, with adjusted consolidated revenue growing 14%.
The commercial business delivered strong performance, with revenue up 29% and a record average revenue per order of over $16,000 per closing, while the residential market saw purchase revenue decline 2%.
The company is advancing its AI-driven technology platforms, Endpoint and Sequoia, with Endpoint's first office rollout scheduled for December and Sequoia's first purchase transaction planned for Q1 2026.
Investment income increased 12% to $153 million in Q3 2025, though it is projected to be slightly down sequentially in Q4 2025 and potentially lower year-over-year in 2026 due to expected rate cuts.
First American raised its annual common stock dividend by 2% to $2.20 per share and repurchased 598,000 shares for $34 million in Q3, but has temporarily paused its buyback program.

Oct 23, 2025, 3:00 PM

Transcript

First American Financial Reports Third Quarter 2025 Results

FAF

Earnings

Dividends

Share Buyback

First American Financial reported total revenue of $2.0 billion for the third quarter ended September 30, 2025, marking a 41 percent increase compared to the same period last year.
Earnings per diluted share for Q3 2025 were $1.84, or $1.70 on an adjusted basis.
The Title Insurance and Services segment achieved a pretax margin of 12.9 percent on both a GAAP and adjusted basis, while the Home Warranty segment posted a pretax margin of 14.1 percent (GAAP) or 13.5 percent (adjusted).
The company repurchased 597,726 shares for a total of $34 million and increased its common stock dividend by 2 percent to an annual rate of $2.20 per share.

Oct 22, 2025, 8:15 PM

Press Release

First American Data & Analytics Releases September 2025 Home Price Index Report

FAF

Demand Weakening

The San Diego-Chula Vista-Carlsbad metropolitan area experienced a 2.3% year-over-year decrease in its Home Price Index (HPI) in September 2025.
Nationally, the Home Price Index (HPI) showed a 1.1% year-over-year increase in September 2025, but is 0.7 percent below its peak in May.
The housing market is experiencing a steadily unfolding cooldown, with annual price appreciation slowing to its slowest pace since 2012.
While some regions like the Northeast and Midwest show continued house price growth, 19 of the 30 largest markets tracked saw year-over-year declines in September 2025, particularly in Sun Belt markets like Phoenix and Tampa, Fla..
This market shift provides buyers with more choices and greater negotiating power as demand adjusts to affordability constraints and inventory improves.

Oct 16, 2025, 1:00 PM

Press Release

First American Data & Analytics Reports September 2025 Home Price Index

FAF

Demand Weakening

Los Angeles-Long Beach-Glendale home prices decreased by 1.4% year-over-year in September 2025.
Nationally, the Home Price Index (HPI) was 0.7% below its May peak and saw a 0.1% month-over-month decrease from August to September 2025, while still showing a 1.1% year-over-year increase.
The housing market is experiencing its tenth consecutive month of slowing annual price appreciation, reaching its slowest pace since 2012.
Regional differences are significant, with price growth in the Northeast and Midwest contrasting with declines in some Sun Belt markets like Phoenix and Tampa.

Oct 16, 2025, 1:00 PM

Press Release

First American Data & Analytics Releases September 2025 Home Price Index Report

FAF

Demand Weakening

First American Data & Analytics' September 2025 Home Price Index (HPI) report indicates that national house prices increased by 1.1 percent year-over-year but were 0.7 percent below their May peak.
The report highlights a cooling national housing market, with annual price appreciation slowing to its slowest pace since 2012 and prices declining year-over-year in 19 of the 30 largest markets tracked.
Regional variations show strong year-over-year HPI growth in markets like Cincinnati (+8.4 percent) and St. Louis (+2.4 percent), contrasting with declines in areas such as Oakland, Calif. (-7.4 percent) and Tampa, Fla. (-5.9 percent).
In the Atlanta-Sandy Springs-Alpharetta metro area, the HPI saw a 0.5 percent year-over-year increase, with the luxury tier rising by 0.9 percent while starter and mid-tiers decreased by 0.6 percent.

Oct 16, 2025, 1:00 PM

Press Release

First American Data & Analytics Releases September 2025 Home Price Index Report

FAF

Demand Weakening

First American Data & Analytics released its September 2025 Home Price Index (HPI) report, indicating national house prices are 0.7 percent below their May peak.
The National Non-Seasonally Adjusted HPI showed a month-over-month decrease of 0.1 percent from August to September 2025, but a year-over-year increase of 1.1 percent from September 2024 to September 2025.
Annual house price appreciation has slowed for 10 consecutive months, with year-over-year declines in 19 of the 30 largest markets tracked in September.
Regional differences are significant, with strong year-over-year HPI growth in markets such as Cincinnati (+8.4 percent) and St. Louis (+2.4 percent), while prices recalibrated in areas like Phoenix (-4.5 percent) and Tampa, Fla. (-5.9 percent).

Oct 16, 2025, 1:00 PM

Press Release

First American Financial Reports September 2025 Home Price Index

FAF

Demand Weakening

The national Home Price Index (HPI) showed a +1.1 percent year-over-year increase in September 2025, but is 0.7 percent below its peak in May, marking 10 consecutive months of slowing annual price appreciation.
The Dallas-Plano-Irving market experienced a -1.4 percent year-over-year decrease in HPI for September 2025, with specific tiers showing -1.1% for starter, -3.1% for mid-tier, and +0.6% for luxury.
Regional differences are significant, with prices declining year over year in 19 of the 30 largest markets; however, some areas like Cincinnati (+8.4 percent) and St. Louis (+2.4 percent) saw strong growth, while Phoenix (-4.5 percent) and Tampa (-5.9 percent) continued to recalibrate.

Oct 16, 2025, 1:00 PM

Press Release

First American Reports September 2025 Home Price Index

FAF

Demand Weakening

First American Data & Analytics reported that home prices in the New York-Jersey City-White Plains market increased by 5.1% year-over-year in September 2025.
Nationally, the Home Price Index (HPI) showed a 1.1% year-over-year increase for September 2025, but house prices are 0.7% below their peak in May.
The housing market has experienced 10 consecutive months of slowing annual price appreciation, reaching its slowest pace since 2012.
House prices declined year over year in 19 of the 30 largest markets tracked in September 2025.
In the New York-Jersey City-White Plains metro area, the luxury tier saw a significant 14.8% year-over-year increase in home prices.

Oct 16, 2025, 1:00 PM

Press Release

First American Financial Reports Strong Q2 2025 Earnings Driven by Commercial Growth

FAF

Earnings

Share Buyback

Revenue Acceleration/Inflection

First American Financial reported Q2 2025 adjusted earnings per share of $1.53 and GAAP earnings of $1.41 per diluted share.
The company's title segment revenue grew 13% to $1.7 billion, primarily driven by a 33% increase in commercial revenue to $234 million, which saw broad-based strength and a record fee per file.
Investment income also increased 17%.
Despite a 3% decline in purchase revenue due to a sluggish residential market, refinance revenue was up 54%.
The Board of Directors approved a new $300 million share repurchase authorization in July, following the repurchase of 1 million shares for $61 million in Q2 2025.

Jul 25, 2025, 2:45 AM

Earnings Transcripts

Quarterly earnings call transcripts for First American Financial.

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