First National Financial (TSE:FN) Releases Quarterly Earnings Results

First National Financial (TSE:FN) released its quarterly earnings results on Thursday. The company reported C$0.05 earnings per share for the quarter, FiscalAI reports. First National Financial had a return on equity of 20.58% and a net margin of 9.09%.The firm had revenue of C$192.70 million during the quarter.

First National Financial Price Performance

First National Financial stock opened at C$47.98 on Friday. The company has a debt-to-equity ratio of 6,695.40, a quick ratio of 10.11 and a current ratio of 0.05. The firm has a market cap of C$2.88 billion, a P/E ratio of 15.63, a P/E/G ratio of 0.70 and a beta of 0.64. The business’s fifty day moving average is C$47.98 and its two-hundred day moving average is C$47.98. First National Financial has a 52 week low of C$35.50 and a 52 week high of C$49.00.

About First National Financial

First National Financial Corp is the parent company of First National Financial LP, a Canadian originator, underwriter, and servicer of predominantly prime residential and commercial mortgages. The company controls its First National Mortgage Investment Fund, which manages economic exposure to a diversified portfolio of primarily commercial mezzanine mortgages. Most mortgages originated by First National are funded either by placement with institutional investors or through securitization conduits, in each case with retained servicing.