First National Financial Corp (TSX:FN)
C$ 36.49 0.67 (1.87%) Market Cap: 2.19 Bil Enterprise Value: 44.31 Bil PE Ratio: 8.31 PB Ratio: 3.27 GF Score: 85/100

Q2 2022 First National Financial Corp Earnings Call Transcript

Jul 27, 2022 / 02:00PM GMT
Release Date Price: C$37.02 (+0.46%)
Operator

Good morning, everyone. Welcome to First National's Q2 Analyst Call and Webcast. (Operator Instructions)

I will now turn the call over to Jason Ellis, President and Chief Executive Officer. Please go ahead, Mr. Ellis.

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

Thank you, operator. Good morning, everyone. Welcome to our call and thank you for participating. 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 MD&A.

Joining me is Rob Inglis, Chief Financial Officer. Before Rob speaks to quarterly results, I'll offer some thoughts on the market environment and our outlook. With 4 Bank of Canada interest rate increases since March, the economy and housing market are entering a new cycle. Perhaps not since the 1970s has Canada seen inflationary pressures such as those

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