MGIC Investment Corporation Q3 2025 Earnings Release

MGIC Investment Corporation reported its third quarter 2025 financial results, announcing a net income of $191.1 million, or $0.83 per diluted share. Adjusted net operating income was $190.8 million, or $0.83 per diluted share. The company highlighted strong financial performance, driven by effective risk and capital management strategies. Key metrics included new insurance written (NIW) of $16.5 billion, net premiums earned of $241.8 million, and a primary delinquency rate of 2.32%. The company also repurchased 7.0 million shares of common stock for $187.9 million and paid a dividend of $0.15 per common share. MGIC's CEO, Tim Mattke, emphasized the company's focus on operational excellence and delivering long-term value to shareholders.