First National Financial (TSX:FN.PR.B.PFD) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is First National Financial 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. First National Financial's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for First National Financial's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 13 years, First National Financial's highest 3-Year Share Buyback Ratio was -2.40%. The lowest was -67.80%. And the median was -67.80%.

TSX:FN.PR.B.PFD's 3-Year Share Buyback Ratio is not ranked ^*
in the Banks industry.
Industry Median: -0.3
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of First National Financial's 3-Year Share Buyback Ratio

For the Mortgage Finance subindustry, First National Financial's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First National Financial's 3-Year Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First National Financial's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where First National Financial's 3-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

First National Financial 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

First National Financial (TSX:FN.PR.B.PFD) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

First National Financial 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of First National Financial's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

First National Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First National Financial Corp (TSX:FN.PR.B.PFD) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

FNLIF:USA 63Z:Germany FN.PR.A.PFD:Canada FN:Canada

Address

16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6

Website

https://www.firstnational.ca

First National Financial Corp is a Canadian originator, underwriter and servicer of predominantly prime residential and commercial mortgages. The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization and servicing activities. It derives maximum revenue from Residential segment.

First National Financial Headlines

No Headlines