---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-026783"
form_type: "8-K"
ticker: "FAF"
cik: "0001472787"
company_name: "First American Financial Corp"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:28:08.945929+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First American Q2 EPS $1.01 (adj $1.97); revenue $2.1B -9% YoY; commercial +30%

## Summary
- Net income $109M ($1.01 diluted EPS); adjusted EPS $1.97 excluding $133M net investment losses.
- Total revenue $2.06B down 9% YoY; commercial revenue $289M up 30% YoY.
- Title Insurance segment pretax margin 11.7% (13.9% ex-investment losses); investment income up 49%.
- Repurchased 3.9M shares for $227M; board authorized new $400M buyback program.
- Home warranty revenue $102M down 5%; loss rate improved to 52.4% from 55.5%.

## SEC filing metadata
- accession: 0001564590-22-026783
- form_type: 8-K
- ticker: FAF
- cik: 0001472787
- company_name: First American Financial Corp
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472787/000156459022026783/0001564590-22-026783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472787/000156459022026783/faf-8k_20220728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-026783
- JSON: https://secwatch.observer/filing/0001564590-22-026783.json
- Plain text: https://secwatch.observer/filing/0001564590-22-026783.txt

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