---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-116647"
form_type: "8-K"
ticker: "FAF"
cik: "0001472787"
company_name: "First American Financial Corp"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:03:33.888723+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First American Q3 GAAP loss $1.00/sh (adj. $1.34); net investment losses $312M; rebalancing for $67M/yr income

## Summary
- Net loss of $104M ($1.00 diluted loss); adjusted net income $138M ($1.34 EPS) vs. $1.22 last year.
- Total revenue $1.41B, down 5% YoY; adjusted revenue $1.66B, up 4% YoY, first increase since Q2 2022.
- Net investment losses of $312M from portfolio rebalancing; expects to boost interest income by $67M annually.
- Title segment adjusted pretax margin 11.6%; commercial revenues up 19% to $190M; home warranty pretax margin 8.1%.
- Quarterly dividend raised 2% to $0.54/sh; repurchased 293k shares for $16M; raised $450M in 10-yr 5.45% senior notes.

## SEC filing metadata
- accession: 0000950170-24-116647
- form_type: 8-K
- ticker: FAF
- cik: 0001472787
- company_name: First American Financial Corp
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472787/000095017024116647/0000950170-24-116647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472787/000095017024116647/faf-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-116647
- JSON: https://secwatch.observer/filing/0000950170-24-116647.json
- Plain text: https://secwatch.observer/filing/0000950170-24-116647.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.