First National Financial Corp
TSX:FN

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First National Financial Corp
TSX:FN
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Price: 40.35 CAD 0.85%
Market Cap: 2.4B CAD
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First National Financial Corp
Total Receivables

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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First National Financial Corp
Total Receivables Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Receivables CAGR 3Y CAGR 5Y CAGR 10Y
First National Financial Corp
TSX:FN
Total Receivables
CA$250.7m
CAGR 3-Years
14%
CAGR 5-Years
7%
CAGR 10-Years
8%
MCAN Mortgage Corp
TSX:MKP
Total Receivables
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
H
Home Capital Group Inc
TSX:HCG
Total Receivables
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Atrium Mortgage Investment Corp
TSX:AI
Total Receivables
CA$76k
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-58%
Equitable Group Inc
TSX:EQB
Total Receivables
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Timbercreek Financial Corp
TSX:TF
Total Receivables
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

First National Financial Corp
Glance View

Market Cap
2.4B CAD
Industry
Financial Services

First National Financial Corp, a stalwart in the Canadian financial landscape, thrives on the time-honored business of mortgage lending. Rooted in a philosophy that combines disciplined underwriting and robust risk management, the company has established itself as a leading non-bank mortgage originator in Canada. Founded in 1988, it has since expanded its footprint by catering to a wide spectrum of clients, including individuals looking for residential mortgages and developers in need of commercial property financing. The crux of their operation lies in originating, underwriting, and servicing both residential and commercial mortgages. Their ability to efficiently aggregate, securitize, and broker these loans ensures they capture recurring income streams, which is the very essence of their operational model. Revenue generation for First National pivots on the meticulous structuring of mortgage products and the subsequent management of these loans. By leveraging its comprehensive platform, the company retains servicing fees, captures interest from mortgage banking activities, and capitalizes on securitization gains. Servicing a formidable mortgage book, they rely on a blend of direct lending and strategic partnerships with brokers to access a broad client base, thereby enhancing volume and scale. This twofold approach allows them to harness the benefits of economies of scale, optimizing their expenses while reinforcing their competitive position in the market. By maintaining an unwavering commitment to risk assessment and customer focus, First National continues to solidify its reputation as a dependable force in Canada's mortgage financing realm.

FN Intrinsic Value
49.12 CAD
Undervaluation 18%
Intrinsic Value
Price

See Also

What is First National Financial Corp's Total Receivables?
Total Receivables
250.7m CAD

Based on the financial report for Sep 30, 2024, First National Financial Corp's Total Receivables amounts to 250.7m CAD.

What is First National Financial Corp's Total Receivables growth rate?
Total Receivables CAGR 10Y
8%

Over the last year, the Total Receivables growth was 21%. The average annual Total Receivables growth rates for First National Financial Corp have been 14% over the past three years , 7% over the past five years , and 8% over the past ten years .

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