
First National Financial Corp
TSX:FN

First National Financial Corp
Operating Income
First National Financial Corp
Operating Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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First National Financial Corp
TSX:FN
|
Operating Income
CA$276.7m
|
CAGR 3-Years
2%
|
CAGR 5-Years
3%
|
CAGR 10-Years
7%
|
|
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MCAN Mortgage Corp
TSX:MKP
|
Operating Income
CA$76.7m
|
CAGR 3-Years
6%
|
CAGR 5-Years
10%
|
CAGR 10-Years
10%
|
|
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Atrium Mortgage Investment Corp
TSX:AI
|
Operating Income
CA$73.8m
|
CAGR 3-Years
11%
|
CAGR 5-Years
5%
|
CAGR 10-Years
10%
|
|
F
|
Firm Capital Mortgage Investment Corp
TSX:FC
|
Operating Income
CA$49.5m
|
CAGR 3-Years
17%
|
CAGR 5-Years
11%
|
CAGR 10-Years
10%
|
|
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Equitable Group Inc
TSX:EQB
|
Operating Income
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Timbercreek Financial Corp
TSX:TF
|
Operating Income
CA$75.3m
|
CAGR 3-Years
0%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
12%
|
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 Operating Income?
Operating Income
276.7m
CAD
Based on the financial report for Dec 31, 2024, First National Financial Corp's Operating Income amounts to 276.7m CAD.
What is First National Financial Corp's Operating Income growth rate?
Operating Income CAGR 10Y
7%
Over the last year, the Operating Income growth was -20%. The average annual Operating Income growth rates for First National Financial Corp have been 2% over the past three years , 3% over the past five years , and 7% over the past ten years .