富达国民金融 2025年季度报告

For the quarterly period endedJune 30, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 16-1725106(I.R.S. EmployerIdentification No.) 601 Riverside AvenueJacksonville,Florida,32204(Address of principal executive offices, including zip code) (904)854-8100 (Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days.Yes☒orNo☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒or No¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growthcompany. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ FORM 10-QQUARTERLY REPORTQuarter Ended June30, 2025TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1. Condensed Consolidated Financial Statements:Condensed Consolidated Balance Sheets (unaudited)Condensed Consolidated Statements of Earnings (unaudited)Condensed Consolidated Statements of Comprehensive Earnings (unaudited)Condensed Consolidated Statements of Equity (unaudited)Condensed Consolidated Statements of Cash Flows (unaudited)Notes to Unaudited Condensed Consolidated Financial StatementsItem 2. Management's Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures about Market RiskItem 4. Controls and Procedures PART II. OTHER INFORMATION Item1. Legal Proceedings90Item1A. Risk Factors90Item2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities90Item3. Defaults Upon Senior Securities91Item4. Mine Safety Disclosures91Item 5. Other Information91Item6. Exhibits92Signatures93 Table of Contents FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(In millions, except par values) FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EARNINGS(In millions, except per share data) FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS(In millions) FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EQUITY(In millions, except per share data) FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF EQUITY(In millions, except per share data) FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In millions) FIDELITY NATIONAL FINANCIAL, INC. AND SUBSIDIARIESNOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)Note A —Basis of Financial Statements The financial information in this report presented for interim periods is unaudited and includes the accounts of Fidelity NationalFinancial, Inc. and its subsidiaries (collectively, “we,” “us,” “our,” the "Company" or “FNF”) prepared in accordance with U.S. generallyaccepted accounting principles ("GAAP") and the instructions to Form 10-Q and Article10 of Regulation S-X. In the opinion ofmanagement, all adjustments considered necessary for a fair presentation have been included. All adjustments made were of a normal,recurring nature. This report should be read in conjunction with our Annual Report on Form 10-K (our "Annual Report") for the year endedDecember31, 2024. Description of the Business We are a leading provider of (i) title insurance, escrow and other title-related services, including loan sub-servicing, valuations, defaultservices and home warranty, (ii) transaction services to the real estate and mortgage industries and (iii) annuity and life insurance products.FNF is one of the nation’s largest title insurance companies operating through its title insurance underwriters - Fidelity National TitleInsurance Company ("FNTIC"), Chicago Title Insurance Company ("Chicago Title"), Commonwealth Land Title Insurance Company("Commonwealth Title"), Alamo Title Insurance and National Title Insurance of New York Inc. - which collectively issue more titleinsurance policies than any other title company i