{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-012211","form_type":"8-K","ticker":"FAF","cik":"0001472787","company_name":"First American Financial Corp","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.271706+00:00","generated_at":"2026-06-06T06:54:57.059680+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"First American Q4 GAAP EPS $0.33 ($0.69 adj); revenue $1.4B -15% YoY; cited cyber incident","bullets":["GAAP EPS $0.33 vs $0.52; adjusted EPS $0.69 vs $1.41; net income $34.1M.","Total revenue $1.4B (-15% YoY); adjusted total revenue $1.5B (-18%).","Title Insurance pretax margin 4.5% (7.5% adj); commercial revenue $172M (-32%).","Late-Dec cybersecurity incident materially impacted Q4 operations; orders returned to normal.","Full-year adj EPS $3.80; dividend raised 2% to $2.12 annual rate; repurchased 1.3M shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-012211","json":"https://secwatch.observer/filing/0000950170-24-012211.json","markdown":"https://secwatch.observer/filing/0000950170-24-012211.md","text":"https://secwatch.observer/filing/0000950170-24-012211.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1472787/000095017024012211/0000950170-24-012211-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1472787/000095017024012211/faf-20240207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T06:54:57.059680+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":"1f7d9e8350b6c1160b972385efc44f92fe972e0a","claim":"First American Financial Corp reported fourth quarter ended Dec. 31, 2023 results: revenue $1.4 billion, net income $34 million, EPS $0.33 per diluted share.","evidence_excerpt":"impacted by the company's previously disclosed cybersecurity incident • Earnings per diluted share of $0.33, or $0.69 per share on an adjusted basis • Total revenue of $1.4 billion, down 15 percent compared with last year - Adjusted total revenue of $1.5 billion, down 18 percent compared with last year • Title Insurance and Services segment investment","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1472787/000095017024012211/0000950170-24-012211-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended Dec. 31, 2023"},{"label":"Revenue","value":"$1.4 billion"},{"label":"Net income","value":"$34 million"},{"label":"EPS","value":"$0.33 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c998c707311a2cbf61f814be2c58a52a06b9fae1","claim":"First American Financial Corp reported fiscal year ended December 31, 2023 results: revenue $6.0 billion, net income $217 million, EPS $2.07 per diluted share.","evidence_excerpt":"for a total of $17.7 million at an average price of $53.85 Full Year Highlights ▪ Earnings per diluted share of $2.07, or $3.80 per share on an adjusted basis ▪ Total revenue of $6.0 billion, down 21 percent compared with last year ‐ Adjusted total revenue of $6.2 billion, down 24 percent compared with last year ▪ Title Insurance and Services segment investment","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1472787/000095017024012211/0000950170-24-012211-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$6.0 billion"},{"label":"Net income","value":"$217 million"},{"label":"EPS","value":"$2.07 per diluted share"},{"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"}