Earnings ·
MGIC Investment Corporation reported second quarter 2026 net income of $182.1 million, or $0.86 per diluted share…
MTGMgic Investment Corp
MGIC Investment Corporation reported second quarter 2026 net income of $182.1 million, or $0.86 per diluted share, compared to $192.5 million in the prior year period. Adjusted net operating income was $183.7 million, or $0.87 per diluted share. New insurance written totaled $17.8 billion, while net premiums earned were $238.1 million. The company repurchased 6.6 million shares for $176.6 million during the quarter and declared a quarterly dividend of $0.17 per common share payable on August 20, 2026, to shareholders of record as of August 5, 2026. MGIC Investment Corporation operates in the private mortgage insurance industry.