MGIC Investment Corporation Q3 2025 Earnings Recap

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.