{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-055359","form_type":"8-K","ticker":"FAF","cik":"0001472787","company_name":"First American Financial Corp","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.171544+00:00","generated_at":"2026-06-09T08:26:21.410889+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First American Q3 adjusted EPS $1.22; revenue $1.5B down 19%; dividend raised 2%","bullets":["Net loss of $2M ($0.02 diluted loss); adjusted net income $128M ($1.22 diluted).","Total revenue $1.5B down 19% YoY; commercial revenue $160M down 39%.","Title segment pretax margin 10.5% (12.0% adjusted); home warranty margin 8.7% (9.3% adjusted).","Net investment losses $164M primarily from venture portfolio unrealized losses.","Raised common dividend 2% to $2.12 annual rate; accelerated share repurchases in October."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-055359","json":"https://secwatch.observer/filing/0000950170-23-055359.json","markdown":"https://secwatch.observer/filing/0000950170-23-055359.md","text":"https://secwatch.observer/filing/0000950170-23-055359.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1472787/000095017023055359/0000950170-23-055359-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1472787/000095017023055359/faf-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:26:21.410889+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aecdb3f80d76d50c51147ba80411d9363be1bb04","claim":"First American Financial Corp reported the third quarter ended Sept. 30, 2023 results: revenue $1.5 billion, net income $2 million loss, EPS ($0.02).","evidence_excerpt":"Total revenue for the third quarter of 2023 was $1.5 billion, down 19 percent compared with the third quarter of 2022. Net loss in the current quarter was $2 million, or 2 cents per diluted share, compared with net income of $2 million, or 2 cents per diluted share, in the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1472787/000095017023055359/0000950170-23-055359-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended Sept. 30, 2023"},{"label":"Revenue","value":"$1.5 billion"},{"label":"Net income","value":"$2 million loss"},{"label":"EPS","value":"($0.02)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}