First National Financial (TSX:FN) Deferred Tax: C$-57 Mil (TTM As of Jun. 2026)

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TSX:FN First National Financial Corp TSX:FN
19 GF Score
Price C$47.98
GF Value C$59.71
! 5 Warning Signs
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What is First National Financial Deferred Tax?

First National Financial TSX:FN 19 Deferred Tax is C$-57 Mil as of Jun. 2026. GuruFocus rates TSX:FN with a GF Score™ of 19/100 and a GF Value™ of C$59.71. The stock has 5 warning signs investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

First National Financial's change in deferred tax for the three months ended in Jun. 2026 was C$-20 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Jun. 2026 was C$-57 Mil.

First National Financial Deferred Tax Related Terms

First National Financial Deferred Tax Historical Data

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The historical data trend for First National Financial's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First National Financial Deferred Tax Chart

First National Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.61 36.85 9.00 28.40 -20.02

First National Financial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.80 -22.22 -15.61 -19.60
TSX:FN
19GF Score
First National Financial Corp TSX:FN
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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First National Financial Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-57 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of C$-57 Mil mean?
First National Financial (TSX:FN) has a Deferred Tax of C$-57 Mil as of Jun. 2026. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for First National Financial.
Is First National Financial's Deferred Tax too high?
First National Financial's current Deferred Tax is C$-57 Mil. Overall, First National Financial has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does First National Financial's Deferred Tax compare to RKT and FNMA?
First National Financial's Deferred Tax of C$-57 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Deferred Tax for a Banks company?
A good Deferred Tax depends on the Banks industry context. However, Deferred Tax should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for First National Financial. First National Financial's current Deferred Tax is C$-57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First National Financial stock overvalued right now?
First National Financial (TSX:FN) has a current Deferred Tax of C$-57 Mil. The stock's GF Value™ is C$59.71, compared to a current price of C$47.98 — trading 19.6% below its estimated fair value. The current Deferred Tax is C$-57 Mil. First National Financial's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For First National Financial (TSX:FN), the current Deferred Tax is C$-57 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First National Financial (TSX:FN) Overvalued in 2026?

Based on GuruFocus' analysis, First National Financial stock appears to be undervalued. The current stock price of C$47.98 is trading 19.6% below its estimated GF Value™ of C$59.71.

Key valuation signals for TSX:FN:

  • Deferred Tax: C$-57 Mil
  • GF Value™: C$59.71 vs. price of C$47.98 (19.6% below fair value)
  • GF Score™: 19/100 with 5 warning signs

No single metric tells the full story. See the TSX:FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First National Financial Business Description

Address 16 York Street, Suite 1900, Toronto, ON, CAN, M5J 0E6
First National Financial Corp is a Canadian originator, underwriter and servicer of predominantly prime residential and commercial mortgages. The Company operates in two business segments, Residential and Commercial. These segments are organized by mortgage type and contain revenue and expenses related to origination, underwriting, securitization and servicing activities. It derives maximum revenue from Residential segment.
19GF Score

Get the complete analysis for TSX:FN

Deferred Tax is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$47.98
Price
C$59.71
GF Value