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AI brief of an SEC Form 8-K · First American Financial (FAF)

First American Q4 EPS $0.69 vs $0.33 a year earlier; full-year EPS $1.26 vs $2.07

Mixed Impact 3 of 5 earnings Written later

First American Financial reported fourth-quarter 2024 net income of $72 million, or $0.69 per diluted share, up from $0.33 a year earlier, on total revenue of $1.7 billion, up 18 percent. For the full year, revenue rose 2 percent to $6.1 billion, but GAAP diluted EPS fell to $1.26 from $2.07, mainly due to $402 million of full-year net investment losses, while adjusted EPS rose to $4.40 from $3.80.

Key points

  • Q4 2024 diluted EPS was $0.69 versus $0.33 in Q4 2023; adjusted EPS was $1.35 versus $0.69
  • Q4 net investment losses were $86 million, or $0.61 per diluted share, versus $42 million a year earlier
  • Full-year 2024 net investment losses were $402 million, or $2.91 per diluted share, mainly from the strategic investment portfolio rebalancing project
  • Board raised the common stock dividend by 2 percent to an annual rate of $2.16 per share; full-year operating cash flow was $897 million

The filing

CompanyFirst American Financial (FAF)
Form8-K, current report
Filed with the SECFeb 12, 2025, 4:15 PM ET
Accession number0000950170-25-018851

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.