#USA #Jacksonville #FG Annuities #title insurance #Fidelity National Financial

Fidelity National Financial Reports Record Earnings for Q4 and Full Year 2025

Fidelity National Financial, Inc. (NYSE: FNF), a prominent provider of title insurance and transaction services, recently announced its financial results for the fourth quarter and the entirety of 2025. The report showcases remarkable achievements in earnings and shareholder value, reinforcing FNF's leadership in the industry.

Special Stock Distribution

In a notable move, FNF executed a special dividend, distributing approximately 12% of its ownership of FG Annuities Life, Inc. (NYSE: FG) to its shareholders. This distribution, valued at about $500 million, was completed on December 31, 2025, with FNF remaining in control of around 70% of FG following the transaction.

Financial Performance Overview

In the fourth quarter of 2025, FNF reported adjusted net earnings of $382 million, or $1.41 per share, which marks an increase from $366 million, or $1.34 per share, from the previous year's fourth quarter. For the entire year, the adjusted net earnings totaled $1.4 billion, equivalent to $4.97 per share, surpassing $1.3 billion and $4.63 per share from 2024.

The Title Segment alone contributed $1.1 billion in earnings for the full year, reflecting a strong demand in the real estate market. During the same period, revenue from the FG Segment was recorded at $412 million.

Title Segment and its Contributions

FNF's Title Segment showed strong performance with total revenue of $8.5 billion for the year, an increase from $7.7 billion in 2024. Notably, the adjusted pre-tax title margin stood at 15.9%, indicating a well-managed operation that has resulted in efficiency and profitability.

The outstanding performance in the Title Segment was attributed to comprehensive service offerings, including core title insurance, escrow, and other related services. There was a 21% increase in direct title premiums and a 27% increase in commercial revenue compared to the fourth quarter of 2024.

FG Segment Growth Analysis

The FG Segment also reported exciting developments, achieving record assets under management of $73.1 billion, a 12% increase year-over-year. Gross sales for this segment generated $14.6 billion in total for 2025 while remaining a significant contributor to FNF's overall earnings.

Return of Capital to Shareholders

FNF's commitment to returning value to shareholders was demonstrated by its substantial capital returns of approximately $800 million throughout 2025, comprising $546 million from common stock dividends and $251 million from share repurchases. This dedication aligns with the company's strategy to enhance shareholder returns amidst a favorable market environment.

Leadership Commentary

William P. Foley II, Chairman of FNF, highlighted the company's performance, stating, "The fourth quarter rounded out an excellent year for our Title and FG businesses. Our Title business achieved 15.9% adjusted pre-tax margins, underscoring our strengths across the board."

Mike Nolan, CEO, echoed this sentiment, crediting the company's long-term investments in technology that have significantly propelled efficiency, ultimately resulting in remarkable profit margins and a solid market presence.

Future Outlook

As Fidelity National Financial enters 2026, the leadership remains optimistic about sustaining its competitive edge in the evolving market landscape. With a focus on innovation and customer service, the company is set to continue its trajectory of growth and enhanced shareholder value.

In summary, FNF's fourth quarter and full-year financial results reflect robust business health and strategic foresight, reinforcing its position as an industry leader in title insurance and transaction services.