MGIC Investment Corporation

MGIC Investment Corporation Earnings Recaps

MTG Financials 1 recap
Q3 2025 Oct 31, 2025

MGIC Investment Corporation continued its strong performance in Q3 2025, achieving a net income of $191 million and successfully returning nearly $1 billion to shareholders through dividends and share repurchases.

Key takeaways
  • Recorded annualized return on equity of 14.8%, reflecting the strength of our business model and risk management.
  • Ended the quarter with a milestone of over $300 billion in insurance in-force, representing our market leadership.
  • Returned approximately $980 million in capital to shareholders via dividends and share repurchases, totaling a 122% payout of net income over the past year.
  • Achieved new insurance written of $16.5 billion, underscoring the strong credit quality of our insurance portfolio.
  • Maintained robust capital levels with $6 billion on the balance sheet, enhancing financial flexibility and liquidity.