First National Financial (TSX:FN.PRA) - Stock Price, News & Analysis

FN.PRA Stock Overview

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. More details

FN.PRA fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	2/6
Dividends	5/6

Rewards

Trading at 38% below our estimate of its fair value

Earnings are forecast to grow 15.86% per year

Pays a reliable dividend of 5.5%

Risk Analysis

Debt is not well covered by operating cash flow

First National Financial Corporation Competitors

MCAN Mortgage

TSX:MKP

CA$744.3m

Atrium Mortgage Investment

TSX:AI

CA$526.7m

Timbercreek Financial

TSX:TF

CA$636.7m

Firm Capital Mortgage Investment

TSX:FC

CA$421.7m

Price History & Performance

Summary of all time highs, changes and price drops for First National Financial
Historical stock prices
Current Share Price	CA$13.25
52 Week High	CA$13.60
52 Week Low	CA$10.64
Beta	1.06
11 Month Change	-0.38%
3 Month Change	0%
1 Year Change	22.69%
33 Year Change	-6.69%
5 Year Change	8.16%
Change since IPO	-45.92%

Recent updates

Shareholder Returns

	FN.PRA	CA Diversified Financial	CA Market
7D	1.9%	0.3%	1.3%
1Y	22.7%	16.3%	23.1%

Return vs Industry: FN.PRA exceeded the Canadian Diversified Financial industry which returned 17.9% over the past year.

Return vs Market: FN.PRA matched the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is FN.PRA's price volatile compared to industry and market?
FN.PRA volatility
FN.PRA Average Weekly Movement	2.6%
Diversified Financial Industry Average Movement	4.3%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: FN.PRA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FN.PRA's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	1,745	Jason Ellis	www.firstnational.ca

First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. It operates in two segments, Residential and Commercial segments. The company offers single-family and multi-unit residential, and commercial mortgages.

First National Financial Corporation Fundamentals Summary

How do First National Financial's earnings and revenue compare to its market cap?
FN.PRA fundamental statistics
Market cap	CA$2.67b
Earnings (TTM)	CA$180.66m
Revenue (TTM)	CA$639.29m

14.8x

P/E Ratio

4.2x

P/S Ratio

Is FN.PRA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FN.PRA income statement (TTM)
Revenue	CA$639.29m
Cost of Revenue	CA$89.27m
Gross Profit	CA$550.02m
Other Expenses	CA$369.36m
Earnings	CA$180.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.01
Gross Margin	86.04%
Net Profit Margin	28.26%
Debt/Equity Ratio	6,645.5%

How did FN.PRA perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

81%

Payout Ratio

FN.PRA Stock Overview

Rewards

Risk Analysis

First National Financial Corporation Competitors

TSX:MKP

CA$744.3m

TSX:AI

CA$526.7m

TSX:TF

CA$636.7m

TSX:FC

CA$421.7m

Price History & Performance

Recent News & Updates

First National Financial Corporation Announces Dividend for the Month of November 2024, Payable on December 13, 2024

First National Financial Corporation Announces Special Dividend, Payable on December 13, 2024

First National Financial Corporation Announces October 2024 Dividend, Payable on November 15, 2024

First National Financial Corporation to Report Q3, 2024 Results on Oct 29, 2024

First National Financial Corporation Announces Monthly Dividend on Common Share for the Period September 1 to September 30, 2024, Payable on October 15, 2024

First National Financial Corporation Announces its Monthly Dividend Payment for the Period August 1 to August 31, 2024, Payable on September 16, 2024

Recent updates

First National Financial Corporation Announces Dividend for the Month of November 2024, Payable on December 13, 2024

First National Financial Corporation Announces Special Dividend, Payable on December 13, 2024

First National Financial Corporation Announces October 2024 Dividend, Payable on November 15, 2024

First National Financial Corporation to Report Q3, 2024 Results on Oct 29, 2024

First National Financial Corporation Announces Monthly Dividend on Common Share for the Period September 1 to September 30, 2024, Payable on October 15, 2024

First National Financial Corporation Announces its Monthly Dividend Payment for the Period August 1 to August 31, 2024, Payable on September 16, 2024

First National Financial Corporation to Report Q2, 2024 Results on Jul 30, 2024

First National Financial Corporation Announces Monthly Dividend Payment for the Period June 1 to June 30, 2024, Payable on July 15, 2024

First National Financial Corporation Announces Dividend for the Month Ended May 31, 2024, Payable on June 14, 2024

First National Financial Corporation Announces Dividend for the Month Ended April 30, 2024, Payable on May 15, 2024

First National Financial Corporation to Report Q1, 2024 Results on Apr 30, 2024

First National Financial Corporation announced that it expects to receive CAD 199.999998 million in funding

First National Financial Corporation, Annual General Meeting, May 02, 2024

First National Financial Corporation Announces January Month Dividend, Payable on February 15, 2024

First National Financial Corporation to Report Q4, 2023 Results on Mar 05, 2024

First National Financial Corporation Announces December Month Dividend, Payable on January 15, 2024

First National Financial Corporation Announces Special Dividend, Payable on December 15, 2023

First National Financial Corporation Announces Dividend for the Period October 1 to October 31, 2023, Payable on November 15, 2023

First National Financial Corporation to Report Q3, 2023 Results on Oct 31, 2023

First National Financial Corporation Announces Monthly Dividend for the Period September 1 to September 30, 2023, Payable on October 16, 2023

First National Financial Corporation announced that it expects to receive CAD 200 million in funding

First National Financial Corporation Announces Monthly Dividend for the Period August 1, 2023 to August 31, 2023, Payable on September 15, 2023

First National Financial Corporation Announces Monthly Dividend for the Period July 1 to July 31, 2023, Payable on August 15, 2023

First National Financial Corporation to Report Q2, 2023 Results on Aug 01, 2023

First National Financial Corporation Announces June Dividend, Payable on July 14, 2023

First National Financial Corporation Announces Monthly Dividend for the Period May 1 to May 31, 2023, Payable on June 15, 2023

First National Financial Corporation Announces February Dividend Payment, Payable on March 15, 2023

First National Financial Corporation to Report Q4, 2022 Results on Feb 28, 2023

First National Financial Corporation Announces Dividend for the Period January 1 to January 31, 2023, Payable on February 15, 2023

First National Financial Corporation Announces December Dividend, Payable on January 16, 2023

First National Financial Corporation Announces Common Share Dividend, Payable on December 15, 2022

First National Financial Corporation Increases Common Share Dividend, Payable on December 15, 2022

First National Financial Corporation Announces Monthly Dividend for the Period October 1 to October 31, 2022, Payable on November 15, 2022

First National Financial Corporation Announces Board Changes

First National Financial Corporation to Report Q3, 2022 Results on Oct 25, 2022

First National Financial Corporation Announces Monthly Dividend Payment for the Period September 1 to September 30, 2022, Payable on October 14, 2022

First National Financial Corporation Announces Monthly Dividend Payment for the Period August 1 to August 31, 2022, Payable on September 15, 2022

First National Financial Corporation Announces Its Monthly Dividend Payment for the Period July 1 to July 31, 2022, Payable on August 15, 2022

First National Financial Corporation to Report Q2, 2022 Results on Jul 26, 2022

First National Financial Corporation Announces June Dividend, Payable on July 15, 2022

First National Financial Corporation Announces its Monthly Dividend Payment for the Period May 1 to May 31, 2022, Payable on June 15, 2022

First National Financial Corporation Announces Monthly Dividend for the Month of April 2022, Payable on May 16, 2022

First National Financial Corporation to Report Q1, 2022 Results on Apr 26, 2022

First National Financial Corporation, Annual General Meeting, May 05, 2022

First National Financial Corporation Announces February Dividend Payment Payable on March 15, 2022

First National Financial Corporation Announces Monthly Dividend Payment for the Period May 1 to May 31, 2021, Payable on June 15, 2021

First National Financial Corporation Announces Monthly Dividend, Payable on June 15, 2021

First National Financial Corporation Announces March Dividend, Payable on April 15, 2021

First National Financial Corporation, Annual General Meeting, May 06, 2021

First National Financial Corporation to Report Q4, 2020 Results on Mar 02, 2021

First National Financial Corporation to Report Q3, 2020 Results on Oct 27, 2020

First National Financial Corporation to Report Q2, 2020 Results on Jul 27, 2020