First American Q3 net income falls 7% year over year to $177 million
Bitget2026/10/21 20:16- First American Financial’s third-quarter 2026 diluted earnings fell 7% year over year to $1.72 per share.
- Total revenue rose 5% year over year to $2.08 billion, while commercial revenue climbed 21% to $297.4 million.
- Home Warranty pretax income dropped 30% year over year to $11.3 million, primarily due to higher marketing expense.
- Management expects a lower-for-longer residential origination market and plans to roll out AI-native title and settlement platforms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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