Fidelity National Financial Reports Strong 2024 Performance

Fidelity National Financial Class A ( (FNF) ) has released its Q4 earnings. Here is a breakdown of the information Fidelity National Financial Class A presented to its investors.

Fidelity National Financial, Inc. (NYSE: FNF) operates as a leading provider of title insurance and transaction services to the real estate and mortgage industries, and through its majority-owned subsidiary F&G Annuities & Life, Inc., offers insurance solutions for retail annuity and life customers, as well as institutional clients.

Fidelity National Financial has announced its financial results for the fourth quarter and full year of 2024, showcasing strong financial performance and significant growth in several key areas. The company’s net earnings for the fourth quarter were $450 million, a notable improvement from a net loss in the same period of the previous year, while full-year net earnings reached $1.3 billion.

The Title Segment reported substantial revenue growth, with total revenue reaching $2.0 billion for the quarter, a 23% increase compared to the previous year. The F&G Segment also demonstrated strong performance, achieving record assets under management of $65.3 billion by the end of the year, driven by record gross sales of $15.3 billion.

Adjusted net earnings for the company increased significantly, with the Title Segment contributing $877 million for the full year, and the F&G Segment contributing $475 million. The company’s robust balance sheet supported a sustainable common dividend, highlighting its strong financial position.

Looking ahead, Fidelity National Financial remains optimistic about the future, with expectations of continued strong performance in its Title and F&G segments. The company is well-positioned to capitalize on favorable market conditions and aims to further enhance operational efficiencies and explore growth opportunities in the coming year.