Company First National Financial Corporation

Equities

FN

CA33564P1036

Corporate Financial Services

Delayed Toronto S.E. 19:32:08 29/04/2024 BST 5-day change 1st Jan Change
37.95 CAD +0.06% Intraday chart for First National Financial Corporation -0.52% -1.12%

Business Summary

First National Financial Corporation is a Canada-based parent company of First National Financial LP, which is an originator, underwriter, and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. The Company operates through two segments: Residential and Commercial. The Residential segment include single-family residential mortgages. The Commercial segment include multi-unit residential and commercial mortgages. The Company provides mortgage financing solutions to the residential and commercial mortgage markets in Canada. It provides underwriting and fulfilment processing services to two mortgage originators using the mortgage broker distribution channel. The Company services virtually all mortgages generated through its mortgage origination activities on behalf of a wide range of institutional investors.

Number of employees: 1,624

Sales per Business

CAD in Million2022Weight2023Weight Delta
Residential
71.8 %
1,115 70.8 % 1,454 71.8 % +30.42%
Commercial
28.2 %
459 29.2 % 570 28.2 % +24.13%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
100.0 %
1,574 100.0 % 2,024 100.0 % +28.58%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 31/12/03
Founder 66 30/03/88
Founder 71 30/03/88
Director of Finance/CFO - 31/12/96
Corporate Officer/Principal - 31/12/11
General Counsel - 31/12/06

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 05/07/17
Director/Board Member 56 07/06/06
Director/Board Member 72 25/03/13
Director/Board Member 68 07/06/06
Founder 71 30/03/88
Founder 66 30/03/88
Director/Board Member 57 05/10/22
Chief Executive Officer 52 31/12/03
Director/Board Member - 05/10/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 59,967,429 17,121,579 ( 28.55 %) 0 28.55 %
Stock B 0 4,000,000 0 0

Shareholders

NameEquities%Valuation
22,409,355 37.37 % 623 M $
20,404,355 34.03 % 567 M $
Soundvest Capital Management Ltd.
0.4102 %
246,000 0.4102 % 7 M $
Scotia Managed Companies Administration, Inc.
0.2429 %
145,687 0.2429 % 4 M $
AllianceBernstein Ltd.
0.1263 %
75,750 0.1263 % 2 M $
Manulife Investment Management Ltd.
0.1098 %
65,817 0.1098 % 2 M $
Brompton Funds Ltd.
0.0577 %
34,600 0.0577 % 961 707 $
ATB Investment Management, Inc.
0.0362 %
21,686 0.0362 % 602 762 $
Dimensional Fund Advisors Ltd.
0.0194 %
11,608 0.0194 % 322 644 $
11,000 0.0183 % 305 745 $
NameEquities%Valuation
J. Zechner Associates, Inc.
16.45 %
491,000 16.45 % 5 M $
148,750 4.984 % 1 M $
Fiera Investments LP
0.2714 %
8,100 0.2714 % 77 776 $
NameEquities%Valuation
J. Zechner Associates, Inc.
24.53 %
249,000 24.53 % 3 M $
Manulife Investment Management Ltd.
0.3940 %
4,000 0.3940 % 42 688 $

Company contact information

First National Financial Corp. (Ontario)

16 York Street Suite 1900

M5J 0E6, Toronto

+

http://www.firstnational.ca
address First National Financial Corporation(FN)

Group companies

NameCategory and Sector
Finance/Rental/Leasing
  1. Stock Market
  2. Equities
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  4. Company First National Financial Corporation