First American (FAMC) Fourth-Quarter Net Income Up 11%

First American Financial Corp. (FAMC) reported fourth-quarter net income of $153.9 million, up 11% from $138.7 million in the same period of 2025. The increase followed a 3.2% rise in revenue to $319.1 million, driven by gains in commercial mortgage-backed and multi-family loan origination. Management attributed the improvement to higher interest margins and continued pricing power. The company closed 2025 with total annual net income of $524.4 million, reflecting a 4.2% year-over-year growth.