Wed, Apr 30, 8:11 PM (17 days ago)
**MGIC Investment Corporation (MTG) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $306.2 million (up 4% YoY) - **Net Income:** $185.5 million (up 7% YoY) - **Earnings per Share (EPS):** $0.75 (up 17% YoY) - **Profit Margins:** Improved due to better investment performance and lower underwriting expenses. - **Cash Flow:** Positive operating cash flow of $223.7 million. **Key Metrics:** - **Revenue Growth:** Driven by higher premiums earned and investment income. - **Profit Margins:** Improved due to better investment performance and lower underwriting expenses. - **Cash Flow:** Positive operating cash flow of $223.7 million. **Earnings Changes:** - **Investment Income:** Increased by 3% YoY. - **Net Gains (Losses) on Investments:** Improved by $9.2 million YoY. - **Underwriting Expenses:** Decreased by 13% YoY. **Quarterly Performance:** - **Revenue:** $306.2 million (up 4% YoY) - **Net Income:** $185.5 million (up 7% YoY) - **EPS:** $0.75 (up 17% YoY) **Trends & Uncertainties:** - **Economic Conditions:** Potential impacts from interest rates, home prices, and employment levels. - **Regulatory Environment:** Compliance with GSE PMIERs and state capital requirements. - **Market Risks:** Exposure to credit spread and interest rate risks. **Future Operations Impact:** - **Growth Strategy:** Focus on maintaining strong capital position and compliance with regulatory requirements. - **Risk Management:** Continued emphasis on underwriting discipline and investment portfolio management. **Ticker:** MTG