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First American Financial Reports Results for the Fourth Quarter and Full Year 2012
— Reports Earnings of 85 Cents per Diluted Share for the Fourth Quarter —
February 21, 2013, Santa Ana, Calif.
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance and settlement services for residential and commercial real estate transactions, today announced financial results for the fourth quarter and year ended Dec. 31, 2012.
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Current Quarter Highlights:
- Title Insurance and Services segment pretax margin of 12.7 percent
- Commercial division revenues of $146.0 million, up 36 percent compared to last year
- Specialty Insurance segment pretax margin of 16.6 percent
- Cash flow from operations of $178.2 million
- Completed $250 million offering of 10-year, 4.3 percent senior notes on Jan. 29, 2013
Download the complete press release as a PDF (260 kb)
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