First American Releases Q1 Financial Results

May 5, 2026

First American Financial Corp. reported its title insurance and services segment generated $167.0 million in pretax income during the first quarter of 2025. This compared to $106.8 million in pretax income during the first quarter of 2025.

"We delivered a strong first quarter, with adjusted earnings per share up 58 percent compared to the prior year," said Mark Seaton, chief executive officer at First American Financial. "Our results were driven by our commercial business, which achieved record first-quarter revenue. In addition, investment income in our title segment grew 12 percent, despite a decline in the federal funds rate, in part due to continued success in capturing additional deposit sources at our bank.”

First American’s direct operations opened 182,900 orders and closed 119,900 orders during Q1 2026. This compared to 168,900 direct orders opened and 110,300 direct orders closed during Q1, 2025.

First American’s average revenue per direct title order rose to $4,229, primarily due to an increase in the average revenue per order for commercial transactions. This was partially offset by a shift in the mix from higher premium purchase transactions to lower premium refinance transactions, according to First American. During the latest quarter, First American’s commercial revenues increased 48% to $271 million compared with the same period a year ago.

The company paid $41.7 million in title claims during the latest quarter. This is up from $38.4 million in paid title claims during the first quarter of 2025.

"Beyond our financial results, we are committed to deploying AI solutions across the company to amplify the talents of our team, better serve our customers and strengthen our capabilities,” Seaton said. “Our combination of unique data assets, deep domain expertise and innovative technology provides us with a competitive advantage as AI adoption accelerates. We are energized by the opportunities ahead and will continue to invest in our people, processes and products as we work to extend our leadership position in the industry."


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