AMERICAN NATIONAL FINANCIAL INC
10-Q, EX-11, 2000-08-14
TITLE INSURANCE
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                                                                      EXHIBIT 11

               AMERICAN NATIONAL FINANCIAL, INC. AND SUBSIDIARIES
                        COMPUTATION OF BASIC AND DILUTED
                               EARNINGS PER SHARE
                      (IN THOUSANDS, EXCEPT PER SHARE DATA)

<TABLE>
<CAPTION>
                                         THREE MONTHS ENDED       SIX MONTHS ENDED
                                              JUNE 30,                JUNE 30,
                                         ------------------      ------------------
                                          2000        1999        2000        1999
                                         ------      ------      ------      ------
<S>                                      <C>         <C>         <C>         <C>
Net earnings, basic basis .........      $  643      $2,647      $  311      $5,443
                                         ======      ======      ======      ======
Weighted average basic shares .....       7,312       7,150       7,270       6,606
                                         ------      ------      ------      ------
Basic earnings per share ..........      $ 0.09      $ 0.37      $ 0.04      $ 0.82
                                         ======      ======      ======      ======

Diluted net earnings ..............      $  643      $2,647      $  311      $5,443
                                         ======      ======      ======      ======
Weighted average shares outstanding
  during the period, basic basis ..       7,312       7,150       7,270       6,606

Effect of dilutive options ........          --          --          --          66
                                         ------      ------      ------      ------
Weighted average shares outstanding
  during the period, diluted basis        7,312       7,150       7,270       6,672
                                         ======      ======      ======      ======

Diluted earnings per share ........      $ 0.09      $ 0.37      $ 0.04      $ 0.82
                                         ======      ======      ======      ======
</TABLE>



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