1. MGIC reported Q2 2025 net income of $192.5 million, $0.81 per share. 2. Annualized return on equity stands at 15%, showing strong capital position. 3. We repurchased $180.7 million of shares and increased dividends by 15%. 4. New insurance written reached $16.4 billion, up from prior quarters. 5. Primary delinquency rate improved to 2.21%, down from 2.30% last quarter.
Robust earnings growth, share repurchase, and dividend increase signal strong financial health.
Strong financial results and shareholder returns are key drivers of stock performance.
Positive financial results and market actions likely to influence price in immediate future.
Second Quarter 2025 Adjusted Net Operating Income (Non-GAAP) of $194.0 million or $0.82 per Diluted Share
MILWAUKEE, July 30, 2025 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the second quarter of 2025.
Tim Mattke, CEO of MTG and Mortgage Guaranty Insurance Corporation ("MGIC") said, "For the second quarter we earned net income of $192.5 million and recorded an annualized 15% return on equity building upon the momentum we've maintained over the past few years. The strength of our capital position was again demonstrated during the quarter as we returned $212 million of capital to our shareholders through a combination of share repurchases and dividends. Our capital position further supports the 15% increase in our common stock dividend that was announced last week," concluded Mattke.
Quarter ended ($ in millions, except where otherwise noted)
As of ($ in billions, except where otherwise noted)
MGIC Investment Corporation will hold a conference call July 31, 2025, at 9:30 a.m. ET to allow securities analysts and shareholders the opportunity to hear management discuss the company's quarterly results. Individuals interested in joining by telephone should register for the call at this link to receive the dial-in number and unique PIN to access the call. It is recommended that you join the call at least 10 minutes before the conference call begins. The call is also being webcast and can be accessed at the company's website at http://mtg.mgic.com/ under "Newsroom." A replay of the webcast will be available on the company's website through September 1, 2025.
Mortgage Guaranty Insurance Corporation (MGIC) (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance. At June 30, 2025, MGIC had $297.0 billion of primary insurance in force covering 1.1 million mortgages.
This press release, which includes certain additional statistical and other information, including non-GAAP financial information and a supplement that contains various portfolio statistics, are all available on the Company's website at https://mtg.mgic.com/ under "Newsroom."
Forward Looking Statements and Risk Factors:
Our actual results could be affected by risk factors. These risk factors should be reviewed in connection with this press release and our periodic reports to the Securities and Exchange Commission ("SEC"). These risk factors may also cause actual results to differ materially from the results contemplated by forward looking statements.