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Sep 30, 2021
First American Q3 2021 Earnings Report
Reported third quarter earnings with $4.00 per diluted share, or $2.15 per share excluding net realized investment gains.
Key Takeaways
First American Financial Corporation reported a total revenue of $2.6 billion, up 34 percent compared with last year. Net income in the third quarter was $445.3 million, or $4.00 per diluted share, compared with net income of $182.3 million, or $1.62 per diluted share, in the third quarter of 2020.
Total revenue of $2.6 billion, up 34 percent compared with last year
Commercial title revenues up 84 percent to $262.4 million
Title Insurance and Services segment pretax margin of 16.4 percent
Cashflow from operations of $399.0 million, up 27 percent compared with last year
First American
First American
First American Revenue by Segment
Revenue by Segment
Title Insurance and Services Revenue
CapyFin.comHome Warranty Revenue
CapyFin.com Forward Guidance
Looking to the fourth quarter and into 2022, we maintain a positive outlook based on the strength of the commercial and housing markets. We also remain highly focused on innovation and enhancing our leadership position in the digital transformation of the title business.
Revenue & Expenses
Visualization of income flow from segment revenue to net income