Latest news with #FirstNationalFinancialCorporation
Cision Canada
12 hours ago
- Business
- Cision Canada
First National Financial Corporation to Host Second Quarter Earnings Call on July 30, 2025
TORONTO, June 18, 2025 /CNW/ - First National Financial Corporation (TSX: FN) (TSX: (TSX: today announced its second quarter 2025 financial reporting schedule. A taped rebroadcast of the conference call will be available until August 6, 2025 at midnight ET. To access the rebroadcast, please dial (888) 660-6345 or (289) 819-1450 and enter passcode 59638 followed by the number sign. The webcast is archived at for three months. About First National Financial Corporation First National Financial Corporation (TSX: FN, TSX: TSX: is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. With more than $155 billion in mortgages under administration, First National is one of Canada's largest non-bank originators and underwriters of mortgages and is among the top three in market share in the mortgage broker distribution channel. For more information, please visit SOURCE First National Financial Corporation
Yahoo
06-04-2025
- Business
- Yahoo
Insiders of First National Financial Corporation (TSE:FN) must be disappointed as stock fell 4.2% after recent purchases
First National Financial's significant insider ownership suggests inherent interests in company's expansion A total of 2 investors have a majority stake in the company with 70% ownership Recent purchases by insiders AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Every investor in First National Financial Corporation (TSE:FN) should be aware of the most powerful shareholder groups. We can see that individual insiders own the lion's share in the company with 38% ownership. Put another way, the group faces the maximum upside potential (or downside risk). And looking at our data, we can see that insiders have bought shares recently. However, with market cap down by CA$98m over the last week, their expectations were far from met. In the chart below, we zoom in on the different ownership groups of First National Financial. See our latest analysis for First National Financial Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Since institutions own only a small portion of First National Financial, many may not have spent much time considering the stock. But it's clear that some have; and they liked it enough to buy in. So if the company itself can improve over time, we may well see more institutional buyers in the future. We sometimes see a rising share price when a few big institutions want to buy a certain stock at the same time. The history of earnings and revenue, which you can see below, could be helpful in considering if more institutional investors will want the stock. Of course, there are plenty of other factors to consider, too. We note that hedge funds don't have a meaningful investment in First National Financial. From our data, we infer that the largest shareholder is Stephen J. Smith (who also holds the title of Top Key Executive) with 37% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. With 33% and 1.2% of the shares outstanding respectively, 801420 Ontario Limited and The Vanguard Group, Inc. are the second and third largest shareholders. To make our study more interesting, we found that the top 2 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own a reasonable proportion of First National Financial Corporation. It has a market capitalization of just CA$2.2b, and insiders have CA$856m worth of shares in their own names. That's quite significant. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling. With a 24% ownership, the general public, mostly comprising of individual investors, have some degree of sway over First National Financial. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. We can see that Private Companies own 33%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that First National Financial is showing 2 warning signs in our investment analysis , and 1 of those is a bit unpleasant... If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
23-02-2025
- Business
- Yahoo
First National Financial Corporation (TSE:FN) Will Pay A CA$0.208334 Dividend In Four Days
It looks like First National Financial Corporation (TSE:FN) is about to go ex-dividend in the next four days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, First National Financial investors that purchase the stock on or after the 28th of February will not receive the dividend, which will be paid on the 14th of March. The company's upcoming dividend is CA$0.208334 a share, following on from the last 12 months, when the company distributed a total of CA$2.45 per share to shareholders. Based on the last year's worth of payments, First National Financial has a trailing yield of 6.2% on the current stock price of CA$40.19. If you buy this business for its dividend, you should have an idea of whether First National Financial's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing. View our latest analysis for First National Financial If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. It paid out 81% of its earnings as dividends last year, which is not unreasonable, but limits reinvestment in the business and leaves the dividend vulnerable to a business downturn. It could become a concern if earnings started to decline. When a company paid out less in dividends than it earned in profit, this generally suggests its dividend is affordable. The lower the % of its profit that it pays out, the greater the margin of safety for the dividend if the business enters a downturn. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. With that in mind, we're encouraged by the steady growth at First National Financial, with earnings per share up 2.0% on average over the last five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the past 10 years, First National Financial has increased its dividend at approximately 5.2% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Has First National Financial got what it takes to maintain its dividend payments? First National Financial has been generating some growth in earnings per share while paying out more than half of its earnings to shareholders in the form of dividends. We're unconvinced on the company's merits, and think there might be better opportunities out there. If you want to look further into First National Financial, it's worth knowing the risks this business faces. Our analysis shows 1 warning sign for First National Financial and you should be aware of it before buying any shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
26-01-2025
- Business
- Yahoo
First National Financial Corporation (TSE:FN) Pays A CA$0.208334 Dividend In Just Four Days
It looks like First National Financial Corporation (TSE:FN) is about to go ex-dividend in the next four days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase First National Financial's shares on or after the 31st of January will not receive the dividend, which will be paid on the 14th of February. The company's upcoming dividend is CA$0.208334 a share, following on from the last 12 months, when the company distributed a total of CA$2.45 per share to shareholders. Looking at the last 12 months of distributions, First National Financial has a trailing yield of approximately 6.0% on its current stock price of CA$41.52. If you buy this business for its dividend, you should have an idea of whether First National Financial's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing. View our latest analysis for First National Financial Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Its dividend payout ratio is 81% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. We'd be concerned if earnings began to decline. Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're encouraged by the steady growth at First National Financial, with earnings per share up 2.0% on average over the last five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. First National Financial has delivered an average of 6.0% per year annual increase in its dividend, based on the past 10 years of dividend payments. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Has First National Financial got what it takes to maintain its dividend payments? Earnings per share have been growing at a reasonable rate, and the company is paying out a bit over half its earnings as dividends. In sum this is a middling combination, and we find it hard to get excited about the company from a dividend perspective. So if you want to do more digging on First National Financial, you'll find it worthwhile knowing the risks that this stock faces. For example - First National Financial has 1 warning sign we think you should be aware of. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
