First National Financial Corp is Canada’s largest non-bank mortgage lender. In the last thirty years of its business, the company has built a leading reputation in real estate financing with over $106 billion in Mortgages Under Administration and is the largest commercial mortgage lender in the country today.
More than 80% of the MUA is insured mortgages, followed by conventional style family residential mortgages (13%) and multi-unit residential and commercial mortgages (6%). It maintains diverse and flexible funding sources and is known for its prudent and conservative underwriting practices.
Size, large national presence and focus on mortgage financing are key differentiators for the company. The Canadian mortgage market is valued at over $1.1 trillion and given its leading reputation, First National is in a good position to benefit from this opportunity.
First National Stock Details
- Ticker: tse:fn
- Sector: Financial Services
- Industry: Mortgage Finance
- Market Cap: 2.17B
- Market Cap Group: Mid Cap
- P/E: 9.48
- Dividend Yield: 6.78%
- Grade: A
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 7/10
- Dividend Income Fit: 8/10
FN Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| EQB | TSE:EQB | Equitable Group | 3.59 | 8.32 | 1.92 | YES | 1 | 7 | 67 |
| FN | TSE:FN | First National Financial | 2.17 | 9.48 | 6.78 | YES | 1 | 7 | 67 |
| HCG | TSE:HCG | Home Capital Group | 1.69 | 9.79 | 1.37 | NO | 1 | 7 | 67 |
| TF | TSE:TF | Timbercreek Financial | 0.63 | 10.50 | 9.13 | NO | 1 | 7 | 67 |
First National Financial - FAQ
What is the stock ticker for First National Financial?
The stock ticker for First National Financial is TSE:fn.
Is First National Financial a good stock to buy?
You need to consider your investment strategy and how TSE:fn can fit in your portfolio.
The current dividend income score of 8/10 and dividend growth score of 7/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is First National Financial a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 71 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for First National Financial?
You can easily buy the FN stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.