First National Financial Corporation

TSX:FN Stock Report

Market Cap: CA$2.9b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

First National Financial Past Earnings Performance

Past criteria checks 2/6

First National Financial has been growing earnings at an average annual rate of 1.3%, while the Diversified Financial industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 2.1% per year. First National Financial's return on equity is 25.1%, and it has net margins of 26.3%.

Key information

1.31%

Earnings growth rate

1.31%

EPS growth rate

Diversified Financial Industry Growth11.22%
Revenue growth rate2.14%
Return on equity25.10%
Net Margin26.32%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Getting In Cheap On First National Financial Corporation (TSE:FN) Might Be Difficult

Jun 14
Getting In Cheap On First National Financial Corporation (TSE:FN) Might Be Difficult
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Direct Securitization Will Support Future Revenue Stability

Increasing direct securitization is projected to drive future earnings growth through higher net interest income despite short-term costs.

Insufficient Growth At First National Financial Corporation (TSE:FN) Hampers Share Price

Jul 17
Insufficient Growth At First National Financial Corporation (TSE:FN) Hampers Share Price

First National Financial (TSE:FN) Will Pay A Dividend Of CA$0.2042

Jun 21
First National Financial (TSE:FN) Will Pay A Dividend Of CA$0.2042

First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.2042

Apr 25
First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.2042

First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.2042

Mar 22
First National Financial (TSE:FN) Is Paying Out A Dividend Of CA$0.2042

First National Financial's (TSE:FN) Dividend Will Be CA$0.2042

Jan 20
First National Financial's (TSE:FN) Dividend Will Be CA$0.2042

First National Financial's (TSE:FN) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 23
First National Financial's (TSE:FN) Shareholders Will Receive A Bigger Dividend Than Last Year

First National Financial (TSE:FN) Is Increasing Its Dividend To CA$0.75

Nov 09
First National Financial (TSE:FN) Is Increasing Its Dividend To CA$0.75

First National Financial (TSE:FN) Has Affirmed Its Dividend Of CA$0.20

Oct 20
First National Financial (TSE:FN) Has Affirmed Its Dividend Of CA$0.20

Revenue & Expenses Breakdown

How First National Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:FN Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 256981842380
31 Mar 256511742340
31 Dec 246831992300
30 Sep 246391812210
30 Jun 247112282180
31 Mar 247722632090
31 Dec 237512492000
30 Sep 237412471940
30 Jun 236732041910
31 Mar 236671771950
31 Dec 226991951930
30 Sep 227241941980
30 Jun 227422021960
31 Mar 227071931840
31 Dec 216951921770
30 Sep 217322191690
30 Jun 217502441600
31 Mar 217172421510
31 Dec 206191871440
30 Sep 205511671340
30 Jun 205121551270
31 Mar 204901481230
31 Dec 195101741180
30 Sep 194891571120
30 Jun 194661491070
31 Mar 194531511030
31 Dec 184651631000
30 Sep 18470177990
30 Jun 18479184990
31 Mar 18519206990
31 Dec 17520205980
30 Sep 17555231940
30 Jun 17548223920
31 Mar 17511196890
31 Dec 16516197880
30 Sep 16482165880
30 Jun 16460143880
31 Mar 16457143860
31 Dec 15391102850
30 Sep 1534079810
30 Jun 1533385760
31 Mar 1530271720
31 Dec 1433297680

Quality Earnings: FN has high quality earnings.

Growing Profit Margin: FN's current net profit margins (26.3%) are lower than last year (32%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FN's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: FN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FN had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (-12.2%).

Return on Equity

High ROE: Whilst FN's Return on Equity (25.1%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/22 13:27
End of Day Share Price 2025/10/22 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First National Financial Corporation is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Etienne RicardBMO Capital Markets Equity Research
Geoffrey KwanRBC Capital Markets
Graham RydingTD Cowen