Brief: First National Financial Reports Qtrly Net Income Per Share $0.75

First National Financial

27/02/2018 22:00

Feb 27 (Reuters) - First National Financial Corp  FN.TO : 
    * ORATION REPORTS FOURTH QUARTER AND ANNUAL 2017 RESULTS 
    * QTRLY REVENUE 7% LOWER AT $270.0 MILLION COMPARED TO 
$290.8 
MILLION A YEAR AGO 
    * QTRLY NET INCOME PER SHARE $0.75 
    * FOR Q4, SINGLE-FAMILY MORTGAGE ORIGINATIONS INCREASED 4% 
TO $2.8 
BILLION FROM $2.7 BILLION 
    * Q4 2017 COMMERCIAL SEGMENT ORIGINATIONS INCREASED 14% TO 
$1.6 
BILLION FROM $1.4 BILLION IN SAME PERIOD OF 2016 
    * FIRST NATIONAL FINANCIAL - "GOING INTO 2018, CO IS 
OPTIMISTIC 
AND ANTICIPATES SIMILAR SEASONAL ORIGINATION IN RESIDENTIAL 
SEGMENT AS EXPERIENCED IN 2017" 
    * Q4 EARNINGS PER SHARE VIEW C$0.71 -- THOMSON REUTERS 
I/B/E/S 
 
Source text for Eikon:  ID:nCNWHTmdHa  
Further company coverage:  FN.TO  
 
 ((Reuters.Briefs@thomsonreuters.com;))