First american financial corp (FAF)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues
Direct premiums and escrow fees

2,659

2,507

2,461

2,416

2,310

2,052

2,132

2,041

1,634

1,663

1,760

1,895

Agent premiums

2,373

2,284

2,360

2,286

2,098

1,867

2,061

1,709

1,491

1,517

1,524

1,709

Information and other

787

781

776

723

673

657

662

645

621

628

667

702

Net investment income

315

230

162

126

100

71

89

81

76

94

120

151

Net other-than-temporary impairment (OTTI) losses recognized in earnings:
Net realized investment (losses) gains

66

-56

11

23

-6

30

9

67

5

10

14

-58

Net other-than-temporary impairment losses

-

-

-

-

-

-

-

3

9

8

39

32

Total OTTI losses on equity securities

-

-

-

-

-

-

-

-

-

-

-

31

Total OTTI losses on debt securities

-

-

-

-

-

-

-

-

-

-

-

0

Total revenues

6,202

5,747

5,772

5,575

5,175

4,677

4,956

4,541

3,820

3,906

4,046

4,367

Expenses
Personnel costs

1,806

1,748

1,723

1,655

1,594

1,435

1,488

1,334

1,178

1,206

1,216

1,388

Premiums retained by agents

1,874

1,799

1,863

1,801

1,656

1,472

1,637

1,370

1,195

1,222

1,229

1,364

Other operating expenses

923

900

1,055

955

820

807

841

836

761

811

909

1,053

Provision for policy losses and other claims

446

452

450

488

491

450

530

397

420

320

346

509

Depreciation and amortization

129

125

128

99

85

85

74

74

76

80

84

95

Premium taxes

70

69

69

66

64

57

56

51

45

37

36

46

Interest

47

40

35

32

29

19

15

9

12

14

19

27

Total expenses

5,297

5,138

5,327

5,098

4,742

4,327

4,645

4,074

3,690

3,694

3,842

4,483

Income before income taxes

905

609

445

477

432

350

310

467

130

212

204

-115

Income taxes

195

133

23

134

143

116

123

165

51

83

70

-43

Net income

709

475

421

343

288

234

187

301

78

128

134

-72

Less: Net income attributable to noncontrolling interests

2

1

-1

0

0

0

0

0

0

1

11

11

Net income attributable to the Company

707

474

423

342

288

233

186

301

78

127

122

-84

Net income per share attributable to the Company’s stockholders (Note 9):
Basic

6.26

4.21

3.79

3.10

2.65

2.18

1.74

2.83

0.74

1.22

1.18

-0.81

Diluted

6.22

4.19

3.76

3.09

2.62

2.15

1.71

2.77

0.73

1.20

1.18

-0.81

Cash dividends declared per share

1.68

1.60

1.44

1.20

1.00

0.84

0.48

0.36

0.24

0.18

-

-

Weighted-average common shares outstanding (Note 9):
Basic

113

112

111

110

108

106

106

106

105

104

104

104

Diluted

113

113

112

111

109

108

109

108

106

106

104

104