The earnings call reflected a strong performance in the commercial segment and investment income, offset by challenges in the residential market and one-time executive separation costs. The company's positive outlook for the commercial segment and strategic investments in technology and AI are promising, but the residential market struggles remain a concern.

Company Guidance

During the First American Financial Corporation's second quarter earnings call for 2025, key metrics highlighted the company's robust performance amidst challenging market conditions. The company's adjusted earnings per share were reported at $1.53, which included a $0.12 per share impact from executive separation costs. Commercial revenue surged by 33%, setting a record in their National Commercial Services division for fee per file. Notably, commercial refinance revenue increased from 30% to 46% this quarter. Investment income rose by 17%, with the bank serving as a countercyclical earnings driver. Residential purchase revenue declined by 3%, while refinance revenue spiked by 54%, albeit from a low base, representing just 5% of direct revenue. The Home Warranty business saw pretax income grow by 35%, driven by a lower loss rate. In addition, the company ramped up share repurchases, with a new $300 million authorization approved by the Board. The GAAP earnings per share were $1.41, and Title segment revenue increased by 13% to $1.7 billion. The effective tax rate was slightly above the normalized rate at 24.6%, and the debt-to-capital ratio stood at 32.1%.

Strong Commercial Revenue Growth

Commercial revenue was up 33% compared to the previous year, setting an all-time record in the National Commercial Services division for fee per file in a quarter.

Investment Income Increase

Investment income grew by 17% this quarter, driven by higher interest income from the company's investment portfolio and an increase in average interest-bearing deposit balances.

Home Warranty Segment Performance

The Home Warranty segment posted a 35% increase in pretax income, driven by a lower loss rate. The loss ratio improved to 41% from 46% in the second quarter of 2024.

Refinance Revenue Surge

Refinance revenue was up 54% this quarter, although it represents just 5% of the company's direct revenue.

Share Repurchase Authorization

In July, the Board of Directors approved a new $300 million share repurchase authorization.

First American Financial (FAF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FAF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	1.39 / -	-1	―	―	―
Jul 23, 2025	2025 (Q2)	1.34 / 1.41	1.11	27.03% (+0.30)	―
Apr 23, 2025	2025 (Q1)	0.64 / 0.71	0.45	57.78% (+0.26)	―
Feb 12, 2025	2024 (Q4)	1.03 / 0.69	0.33	109.09% (+0.36)	―
Oct 23, 2024	2024 (Q3)	1.11 / -1.00	-0.02	-4900.00% (-0.98)	―
Jul 24, 2024	2024 (Q2)	1.13 / 1.11	1.33	-16.54% (-0.22)	―
Apr 24, 2024	2024 (Q1)	0.50 / 0.45	0.44	2.27% (+0.01)	―
Feb 07, 2024	2023 (Q4)	0.78 / 0.33	0.52	-36.54% (-0.19)	―
Oct 26, 2023	2023 (Q3)	1.13 / -0.02	0.02	-200.00% (-0.04)	―
Jul 27, 2023	2023 (Q2)	1.05 / 1.33	1.01	31.68% (+0.32)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FAF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$57.62	$59.61	+3.45%
Apr 23, 2025	$59.13	$62.00	+4.85%
Feb 12, 2025	$61.56	$61.86	+0.49%
Oct 23, 2024	$62.16	$62.30	+0.23%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does First American Financial Corporation (FAF) report earnings?

First American Financial Corporation (FAF) is schdueled to report earning on Oct 22, 2025, Before Open (Confirmed).

What is First American Financial Corporation (FAF) earnings time?

First American Financial Corporation (FAF) earnings time is at Oct 22, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FAF EPS forecast?

FAF EPS forecast for the fiscal quarter 2025 (Q3) is 1.39.

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