secwatch.observer — SEC 8-K summary
======================================

Issuer:     First American Financial Corp (FAF)
CIK:        0001472787
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000950170-25-018851
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FAF Q4 EPS $0.69 ($1.35 adj), revenue $1.7B +18% YoY; FY EPS $1.26 ($4.40 adj)
------------------------------------------------------------------------------

- Q4 GAAP net income $72.4M ($0.69/dil) vs $34.1M ($0.33) last year; adjusted $141.6M ($1.35).
- FY 2024 total revenue $6.1B (+2% YoY); adjusted total revenue $6.5B (+5%).
- Q4 Title segment pretax margin 7.9% (adj 11.8%); commercial revenue $252M +47%.
- Dividend raised 2% to annual $2.16/share; repurchased 1.2M shares in FY at avg $55.76.
- Net investment losses $86M in Q4 driven by venture impairments; guidance for modest 2025 improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1472787/000095017025018851/0000950170-25-018851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1472787/000095017025018851/faf-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-018851

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer