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2015 at a Glance

$93.8 Billion

Mortgages Under Administration (“MUA”) grew 9% or $7.9 billion in 2015 to an all-time record. By expanding MUA, revenue grows, per unit servicing costs decline and renewal opportunities are created.

$915.3 million

Annual 2015 revenue grew 14% from $803.1 million in 2014 with contributions from the Company’s new underwriting and fulfillment services business, and growth in placement fee and interest revenue.  

Pie chart showing 6%

88%

The ratio of dividends paid to earnings available to common shareholders in 2015 improved by four percentage points compared to 2014 despite ongoing investments and a higher cash payout.

Pie chart showing 44%

44%

The after-tax Pre-Fair Market Value EBITDA1 return on shareholders’ equity in 2015 demonstrates the Company’s efficient use of capital.

1 The after-tax Pre-Fair market Value return is a non-IFRS measure.  See page 12 in the 2015 Annual Report.

8

In 2015, First National increased its common share dividend for the eighth time since its IPO in 2006 and now pays at an annualized rate of $1.55 per share.

133%

The aggregate yield from distributions and dividends earned by a shareholder who purchased first National on the IPO in June 2006 is greater than 100%

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