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Fidelity National Financial FNF Federal Home Loan Bank Funding Agreements — Reinsurance Payable

Discontinued — last reported Q1 '23

Similar metrics at other companies

Prudential Financial logo
PRUFunding agreements — Funding agreement issued to FHLBNY
$2.63B+150%
Stifel Financial logo
SFFederal Home Loan Bank Advances
$0
PNC Financial Services logo
PNCRepayments Maturities Of Federal Home Loan Bank Borrowings
$3B-25.0%
PNC Financial Services logo
PNCFederal Home Loan Bank advances
$10B
Popular logo
BPOPFederal Home Loan Bank Advances General Debt Obligations Disclosures Maximum Amount Available
LTR
LTRCNA Financial Corporation — Outstanding borrowings from FHLBC

Other financials

Income statement

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Revenue$3.2B+18.2%
Net income$243.0M+193%
EPS (diluted)$0.90+200%

Balance sheet

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Cash & equivalents$2.5B-45.0%
Total debt$4.8B-0.7%
Total equity$7.3B-8.1%
Total assets$111.50B+13.5%

Cash flow

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Operating cash flow$875.0M-21.5%

Valuation

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Market cap$12.6B-29.7%
Enterprise value$14.9B-18.3%
P/E13.1×
P/S0.8×-0.5×

Profitability

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Net margin8.3%

Returns & leverage

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Return on equity14.2%
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Fidelity National Financial in its filing.

Tagged under the XBRL concept us-gaap:ReinsurancePayable.

The official record: Fidelity National Financial’s 10-Q, filed May 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's federal home loan bank funding agreements — reinsurance payable?
Fidelity National Financial (FNF) reported federal home loan bank funding agreements — reinsurance payable of $0 in Q1 2023.
What does federal home loan bank funding agreements — reinsurance payable mean?
The total outstanding debt obligations owed by the insurance company to Federal Home Loan Banks under specific funding agreements.
How do you interpret federal home loan bank funding agreements — reinsurance payable?
An increase indicates the company is utilizing more wholesale funding to manage liquidity or support investment activities, while a decrease suggests a reduction in reliance on FHLB financing or the maturity of existing agreements.
How does federal home loan bank funding agreements — reinsurance payable compare across companies?
Common among life and annuity insurers that maintain FHLB membership to manage asset-liability matching and liquidity buffers; peers typically report this as a component of debt or policyholder liabilities.