Business
MGIC Investment Corporation Reports First Quarter 2025 Results
MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2025.
About this update from Mgic Investment Corporation
[{"type":"text","content":"First Quarter 2025 Net Income of $185.5 million or $0.75 per Diluted Share","length":74,"tagName":"p","attribs":{}},{"type":"text","content":"First Quarter 2025 Adjusted Net Operating Income (Non-GAAP) of $185.2 million or $0.75 per Diluted Share","length":109,"tagName":"p","attribs":{}},{"type":"text","content":"MILWAUKEE, April 30, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2025.","length":169,"tagName":"p"},{"type":"text","content":"Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "I am pleased with our first quarter financial results, which reflect the continued strong performance we've achieved over the past few years. With our market leadership, robust capital and strong liquidity, we are in a great position to keep building on our success.","length":368,"tagName":"p"},{"type":"text","content":"While concerns around macroeconomic and geopolitical conditions have increased, I remain confident in our talented team's ability to navigate and adapt to this evolving landscape. We are focused on executing our business strategies, supporting our customers with high-quality products and innovative solutions and delivering meaningful, long-term value to our stakeholders," concluded Mattke.","length":401,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":"SUMMARY FINANCIAL METRICS","length":25,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Quarter ended","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":" ($ in millions, except where otherwise noted)","length":45,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Q1 2025","length":7,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;...