First National Financial (TSE:FN) Issues Earnings Results

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

First National Financial Price Performance

FN remained flat at C$47.98 during trading on Thursday. The firm has a market capitalization of C$2.88 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 0.70 and a beta of 0.64. 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. First National Financial has a 12 month low of C$35.50 and a 12 month high of C$49.00. The business’s fifty day simple moving average is C$47.98 and its 200-day simple moving average is C$47.98.

First National Financial Company Profile

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.