
First National Financial Corp
TSX:FN

First National Financial Corp
Change in Working Capital
First National Financial Corp
Change in Working Capital Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Change in Working Capital | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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First National Financial Corp
TSX:FN
|
Change in Working Capital
-CA$908.3m
|
CAGR 3-Years
-27%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-12%
|
|
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MCAN Mortgage Corp
TSX:MKP
|
Change in Working Capital
-CA$11m
|
CAGR 3-Years
57%
|
CAGR 5-Years
27%
|
CAGR 10-Years
21%
|
|
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Atrium Mortgage Investment Corp
TSX:AI
|
Change in Working Capital
-CA$44.1m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
F
|
Firm Capital Mortgage Investment Corp
TSX:FC
|
Change in Working Capital
-CA$936.5k
|
CAGR 3-Years
16%
|
CAGR 5-Years
-6%
|
CAGR 10-Years
-23%
|
|
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Equitable Group Inc
TSX:EQB
|
Change in Working Capital
-CA$669.1m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-87%
|
CAGR 10-Years
1%
|
|
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Timbercreek Financial Corp
TSX:TF
|
Change in Working Capital
-CA$131.6m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-61%
|
First National Financial Corp
Glance View
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.

See Also
What is First National Financial Corp's Change in Working Capital?
Change in Working Capital
-908.3m
CAD
Based on the financial report for Dec 31, 2024, First National Financial Corp's Change in Working Capital amounts to -908.3m CAD.
What is First National Financial Corp's Change in Working Capital growth rate?
Change in Working Capital CAGR 10Y
-12%
Over the last year, the Change in Working Capital growth was -162%. The average annual Change in Working Capital growth rates for First National Financial Corp have been -27% over the past three years , and -12% over the past ten years .