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Dec 31, 2021

First American Q4 2021 Earnings Report

First American Financial reported strong finish to a record year in 2021 with Q4 earnings.

Key Takeaways

First American Financial Corporation reported Q4 2021 financial results with total revenue of $2.4 billion, a 10% increase compared to last year. Net income was $260 million, or $2.33 per diluted share.

Total revenue of $2.4 billion, up 10 percent compared with last year

Title agent premiums up 20 percent to $1.0 billion

Title direct premium and escrow fees up 11 percent to $862 million

Commercial title revenues up 66 percent to $377 million

Total Revenue
$2.37B
Previous year: $2.2B
+7.9%
EPS
$2.28
Previous year: $2.11
+8.1%
Average Revenue per Order
$3.34K
Previous year: $2.46K
+35.9%
Gross Profit
$1.05B
Previous year: $1.03B
+1.7%
Cash and Equivalents
$1.23B
Previous year: $1.28B
-3.7%
Total Assets
$16.5B
Previous year: $12.8B
+28.6%

First American

First American

First American Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income