Fidelity National Financial Inc
For the period ended Mar 31, 2024. Filed May 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 10, 2024
FNF$44.17-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in millions, except per share data)
| Three months ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (Unaudited) | ||
| Revenues: | ||
| Direct title insurance premiums | $440 | $428 |
| Agency title insurance premiums | 593 | 550 |
| Escrow, title-related and other fees | 1,281 | 880 |
| Interest and investment income | 710 | 611 |
| Recognized gains and losses, net | 275 | 5 |
| Total revenues | 3,299 | 2,474 |
| Expenses: | ||
| Personnel costs | 727 | 677 |
| Agent commissions | 460 | 420 |
| Other operating expenses | 369 | 360 |
| Benefits and other changes in policy reserves | 1,161 | 812 |
| Market risk benefit (gains) losses | (11) | 59 |
| Depreciation and amortization | 167 | 134 |
| Provision for title claim losses | 46 | 44 |
| Interest expense | 49 | 42 |
| Total expenses | 2,968 | 2,548 |
| Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates | 331 | (74) |
| Income tax expense | 63 | 14 |
| Earnings (loss) before equity in earnings of unconsolidated affiliates | 268 | (88) |
| Equity in earnings of unconsolidated affiliates | 1 | — |
| Net earnings (loss) | 269 | (88) |
| Less: Net earnings (loss) attributable to non-controlling interests | 21 | (29) |
| Net earnings (loss) attributable to Fidelity National Financial, Inc. common shareholders | $248 | $(59) |
| Earnings (loss) per share | ||
| Basic | ||
| Net earnings (loss) per share attributable to common shareholders | $0.92 | $(0.22) |
| Net earnings (loss) per share attributable to common shareholders, basic | $0.92 | $(0.22) |
| Diluted | ||
| Net earnings (loss) per share attributable to common shareholders | $0.91 | $(0.22) |
| Net earnings (loss) per share attributable to common shareholders, diluted | $0.91 | $(0.22) |
| Weighted average common shares outstanding - basic | 271 | 270 |
| Weighted average common shares outstanding - diluted | 272 | 271 |
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