First National Financial Corp (OTCPK:FNLIF)
$ 31.5945 0 (0%) Market Cap: 1.89 Bil Enterprise Value: 34.66 Bil PE Ratio: 14.58 PB Ratio: 4.10 GF Score: 83/100

Q2 2023 First National Financial Corp Earnings Call Transcript

Aug 02, 2023 / 02:00PM GMT
Release Date Price: $30 (+9.28%)
Operator

Good morning, and welcome to First National's Second Quarter Analyst Call. This call is being recorded on Wednesday, August 2, 2023. (Operator Instructions)

Now it's my pleasure to turn the call over to Jason Ellis, President and Chief Executive Officer of First National. Please go ahead, sir.

Jason Ellis
First National Financial Corporation - CEO, President & Director

Thank you, operator. Good morning, everyone. Welcome to our call, and thank you for joining us. Rob Inglis, our Chief Financial Officer, joins me and will provide his commentary shortly.

Before we begin, I will remind you that our remarks and answers may contain forward-looking information about future events or the company's future performance. This information is subject to risks and uncertainties and should be considered in conjunction with the risk factors detailed in our management discussion and analysis.

Second quarter results exceeded expectations. Pre-fair market value EBITDA of $89.8 million was 61% higher than the same quarter last year. Residential

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