First American - Title Insurance, Specialty Insurance, and Real Estate-Related Services | First American (2024)

FAQs

Is First American part of Fidelity? ›

First American Heritage Title Company has been acquired by Fidelity National Financial.

First American Financial main competitors are Fidelity National Financial, American Mortgage, and Old Republic Title.

First American Financial Corp: Overview

Major products and services include title insurance, professional settlement services, mortgage lender solutions, real estate data solutions, home warranty and insurance, trust services, and international services.

First American Financial Corporation shares are traded on the New York Stock Exchange (NYSE) under the ticker symbol FAF.

Largest title companies in the United States

First American Title is the largest title insurance company in the country. First American Title Co. makes up 22% of the title insurance market. It had more than $3.3 billion in premiums in 2023, which is 45% more than the next-largest company.

The Fidelity^® Debit Card is issued by PNC Bank, N.A., and the debit card program is administered by BNY Mellon Investment Servicing Trust Company. These entities are not affiliated with each other or with Fidelity Investments.

Who is First American? At First American, we trace our history to 1889. What started as a small family- run business has grown to a $9 billion organization spanning more than 700 offices and 20,000 employees around the globe.

Total revenue for the full year 2023 was $6.0 billion, down 21 percent compared with the prior year. Net income was $217 million, or $2.07 per diluted share, compared with net income of $263 million, or $2.45 per diluted share.

NOVEMBER 10, 2022— Fidelity Bank is pleased to announce a merger with Savanna-Thomson State Bank of Savanna, IL. An agreement has been signed where the two banks will combine as equals whereby Fidelity Bank will be acquired under Savanna-Thomson State Bank's charter.

What company owns Fidelity? ›

2024 America's Richest Families Net Worth

The Boston-based Johnson family owns 49% of mutual fund company Fidelity. The other 51% is owned by employees. Abigail Johnson is the third generation of the family to run the company. She took over from her father Edward "Ned" Johnson III in 2014.

While times have changed, Fidelity Bank has remained true to its roots. Today, we are not owned by investors. We are owned by the families who deposited their hard earned savings here. At Fidelity Bank, we have shortened our name and expanded our branch network to serve more people.

Fidelity has about 24 million customers and is one of the largest mutual fund and financial services groups in the world. The announcement ends Fidelity's 12-year credit card partnership with Bank of America and American Express (AXP), which generated billions of dollars in fees, according to Reuters.