First National Financial Corporation

FN

CA33564P1036

Corporate Financial Services

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-02 pm EDT			5-day change	1st Jan Change
36.29 ^CAD	+1.71%		-4.68%	-5.45%

May. 01	Transcript : First National Financial Corporation, Q1 2024 Earnings Call, May 01, 2024
May. 01	First National Financial Price Target Lowered to $41 at RBC	MT

First National Financial Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

October 31, 2023 at 05:08 pm EDT

First National Financial Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was CAD 83.63 million compared to CAD 40.15 million a year ago. Basic earnings per share from continuing operations was CAD 1.38 compared to CAD 0.66 a year ago.
For the nine months, net income was CAD 208.56 million compared to CAD 155.06 million a year ago. Basic earnings per share from continuing operations was CAD 3.43 compared to CAD 2.55 a year ago.

Latest news about First National Financial Corporation

Transcript : First National Financial Corporation, Q1 2024 Earnings Call, May 01, 2024	May. 01
First National Financial Price Target Lowered to $41 at RBC	May. 01	MT
First National Financial Q1 Profit Rises 40% on Revenue Gains	Apr. 30	MT
First National Financial Corp. Brief: Q1 Net income was $49.9 million ($0.82 cents per share) compared to $35.7 million ($0.58 cents per share) a year ago	Apr. 30	MT
First National Financial Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
First National Financial Corporation Announces Dividend for the Month Ended April 30, 2024, Payable on May 15, 2024	Apr. 15	CI
First National Financial Corp. Brief: Said Overnight Will Issue $200 Million of 3.6 Year Unsecured Notes	Mar. 22	MT
First National Financial Corporation Announces to Issue $200 Million of 3.6 Year Unsecured Notes	Mar. 21	CI
First National Financial Corporation announced that it expects to receive CAD 199.999998 million in funding	Mar. 20	CI
First National Financial Corporation Announces March 2024 Dividend, Payable on April 15, 2024	Mar. 15	CI
First National Financial Records $50 Billion In Commercial Mortgages Under Administration	Mar. 11	MT
First National Financial Corp. Brief: Say Surpassed $50 Billion of Commercial Mortgages Under Administration	Mar. 11	MT
First National Financial Price Target Lowered to $41 at BMO	Mar. 07	MT
Transcript : First National Financial Corporation, Q4 2023 Earnings Call, Mar 06, 2024	Mar. 06
First National Financial Corporation Reports Fourth Quarter, Annual 2023 Results	Mar. 05	MT
First National Financial Corp. Brief: Q4 Revenue was $503.4 million compared to $414.8 million a year ago	Mar. 05	MT
First National Financial Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
North American Morning Briefing : S&P 500 Futures -2-	Mar. 05	DJ
North American Morning Briefing : S&P 500 Futures Dip; Apple Eyes 4-Month Low	Mar. 05	DJ
First National Financial Corporation Announces Dividend for the Month Ended February 29, 2024, Payable on March 15, 2024	Feb. 15	CI
Hedge fund Sona Asset Management taps ex-JP Morgan banker Aymeric Paillat -source	Jan. 22	RE
First National Financial Corporation Announces January Month Dividend, Payable on February 15, 2024	Jan. 15	CI
First National Financial Corporation Announces December Month Dividend, Payable on January 15, 2024	Dec. 15	CI
RBA Keeps Rates on Hold But Keeps Watch on Incoming Data -- Update	Dec. 04	DJ
National Bank Notes Q3 Revenue, EPS Beat for First National Financial Driven by 'Surprising Originations'; Up 4.9%	Nov. 01	MT

Chart First National Financial Corporation

Duration

Period

Chart First National Financial Corporation

More charts

Company Profile

First National Financial Corporation is a Canada-based parent company of First National Financial LP, which is an originator, underwriter, and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential and Commercial. The Residential segment include single-family residential mortgages. The Commercial segment include multi-unit residential and commercial mortgages. The Company provides mortgage financing solutions to the residential and commercial mortgage markets in Canada. It provides underwriting and fulfilment processing services to two mortgage originators using the mortgage broker distribution channel. The Company services virtually all mortgages generated through its mortgage origination activities on behalf of a wide range of institutional investors.

Sector

Corporate Financial Services

Calendar

2024-07-29 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for First National Financial Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

36.29 CAD

Average target price

40.67 CAD

Spread / Average Target

+12.06%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Corporate Financial Services

	1st Jan change	Capi.
FIRST NATIONAL FINANCIAL CORPORATION	-5.45%	1.55B
POWER FINANCE CORPORATION LIMITED	+22.28%	17.46B
REC LIMITED	+34.16%	16B
MITSUBISHI HC CAPITAL INC.	+8.58%	9.36B
CHAILEASE HOLDING COMPANY LIMITED	-10.62%	8.55B
ELEMENT FLEET MANAGEMENT CORP.	+3.99%	6.2B
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED	+73.39%	5.74B
L&T FINANCE LIMITED	+2.85%	4.97B
FEDERAL HOME LOAN MORTGAGE CORPORATION	+62.35%	4.51B
REINET INVESTMENTS S.C.A.	-4.46%	4.16B

Other Corporate Financial Services