First National Financial Corporation Reports Third Quarter 2025 Results

Toronto, Ontario, October 27, 2025 – First National Financial Corporation (TSX: FN.PR.A, TSX: FN.PR.B) (the “Company” or “FNFC”) today reported third quarter net income of $57 million.

Third Quarter Financial results

Net income of $57 million was higher than the same quarter in 2024 by $21 million due to higher origination volumes which created higher placement fees. The results also benefited from smaller losses from financial instruments which increased comparative revenues by about $19 million.

Detailed Operating Results

For more information on the Company's operating results, please refer to the Company's Management's Discussion & Analysis as posted on SEDAR+ and available at www.sedarplus.com.

This Press Release, as well as the Company's third quarter 2025 unaudited condensed consolidated interim Financial Statements and Management's Discussion & Analysis are also posted on the Investor section of the Company's website, https://www.firstnational.ca/investor-relations/financial-reports-filings. Investors are encouraged to review all of these materials.

About First National Financial Corporation

First National Financial Corporation (TSX:FN.PR.A, TSX:FN.PR.B) is the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential (single-family and multi-unit) and commercial mortgages. With more than $165 billion in mortgages under administration, First National is one of Canada’s largest non-bank mortgage originators and underwriters and is among the top three in market share in the mortgage broker distribution channel. For more information, please visit www.firstnational.ca.