AI brief of an SEC Form 8-K · MGIC Investment (MTG)

MGIC Q1 2025 net income rises to $185.5 million, or $0.75 per diluted share

Positive Impact 3 of 5 earnings Written later

MGIC Investment Corp reported first-quarter 2025 net income of $185.5 million, or $0.75 per diluted share, up from $174.1 million, or $0.64 per share, a year earlier. Quarterly new insurance written was $10.2 billion, below the $15.9 billion of the prior quarter, and the loss ratio rose to 3.9% from 1.9%. The company also approved a new $750 million share repurchase program that runs through December 31, 2027.

Key points

Net income was $185.5 million ($0.75 per diluted share) in Q1 2025, versus $174.1 million ($0.64) in Q1 2024.
Adjusted net operating income was $185.2 million ($0.75 per diluted share), versus $178.4 million ($0.65) a year earlier.
New insurance written was $10.2 billion, down from $15.9 billion in Q4 2024 and up from $9.1 billion in Q1 2024.
In April 2025 the board approved a share repurchase of up to $750 million, authorized through December 31, 2027.

The filing

CompanyMGIC Investment (MTG)

Form8-K, current report

Filed with the SECApr 30, 2025, 4:05 PM ET

Accession number0000876437-25-000073

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.