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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