First American Financial Corporation (FAF) Earnings
First American Financial Corporation is expected to report next earnings on July 23, 2026 (in NaN days), with a consensus EPS estimate of $1.78. FAF has beaten EPS estimates in 10 of its last 12 reported quarters (average surprise +22.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $1.06 | $1.33 | +25.5% | $1.8B | +2.7% |
| Feb 11, 2026 | $1.49 | $1.99 | +33.6% | $2.0B | +13.8% |
| Oct 22, 2025 | $1.42 | $1.70 | +19.7% | $2.0B | +5.1% |
| Jul 23, 2025 | $1.40 | $1.53 | +9.3% | $1.8B | +0.2% |
| Apr 23, 2025 | $0.64 | $0.84 | +30.4% | $1.6B | +3.4% |
| Feb 12, 2025 | $1.13 | $1.35 | +19.5% | $1.7B | +3.7% |
| Oct 23, 2024 | $1.15 | $1.34 | +16.5% | $1.4B | -15.0% |
| Jul 24, 2024 | $1.16 | $1.27 | +9.5% | $1.6B | -3.4% |
| Feb 7, 2024 | $0.75 | $0.69 | -8.0% | $1.4B | -3.0% |
| Oct 26, 2023 | $1.09 | $1.22 | +11.9% | $1.5B | -7.9% |
| Jul 27, 2023 | $1.01 | $1.35 | +33.7% | $1.6B | +9.5% |
| Apr 27, 2023 | $0.70 | $0.49 | -30.0% | $1.4B | -3.6% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 23, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Leveraging AI across business; launched enterprise AI platform; Endpoint and Sequoia initiatives; bank First American Trust had $6.8B average deposits, up 19%; commercial revenue record first quarter, data centers and energy groups strong; residential purchase revenue lagging; agent banking strategy gaining traction.
Guidance
Optimistic about commercial business being record year 2026; cautious on purchase market; plan to roll out AI-powered title and escrow platforms; disciplined approach to acquisitions and share repurchases.
Segment performance
Title segment: Adjusted revenue $1.7 billion, up 17% y-o-y. Commercial revenue $271 million, up 48%; purchase revenue down 4%; refinance revenue up 76%. Agency revenue $759 million, up 16% y-o-y. Information and other revenues $269 million, up 14% y-o-y. Home warranty segment: Total revenue $110 million, up 2% y-o-y.
Risks & headwinds
Risks and uncertainties exist that may cause results to differ materially from forward-looking statements; refer to earnings release and SEC filings for more risks.
Analyst Q&A
Q: Talk about ways evolving to combat competition, advantages.
A: AI tools, distribution with thousands of local relationships, title plans as advantage, balance sheet and data as advantages.
Q: Title plant footprint efficiency gains.
A: National footprint in 1850 counties, 82% of real estate transactions; some rural markets not feasible.
Q: Endpoint automation ultimate goal.
A: Ultimately 80-90% automation.
Q: Commercial ARPO expectations.
A: Q2 strong, 2026 record year, commercial market has legs.
Q: Refinance activity in Canada.
A: Canada has 3-5 year mortgages, refi wave expected to persist.
Q: Home warranty margins and seasonality.
A: Mid-teens margin, Q1/Q4 stronger, Q2/Q3 higher claims.
Q: Tech learnings on Endpoint and Sequoia.
A: Human in a loop, iterate quickly.
Q: Title segment margin improvement.
A: Incremental gains from technology rollout.
Q: Capital allocation buybacks.
A: $248M remaining on repurchase program, prioritize reinvestment, acquisitions, share buybacks