MGIC Q2 net income falls to $192.5 million, EPS rises to $0.81
MGIC Investment Corporation reported second quarter 2025 net income of $192.5 million, or $0.81 per diluted share, compared with $204.2 million, or $0.77 per diluted share, in the second quarter of 2024. The company returned $212 million to shareholders through share repurchases and dividends and said a 15% increase in its common dividend, to $0.15 per share, was announced the prior week. Lower year-over-year net income is the main weak point, while the higher per-share figure and dividend increase favor shareholders.
Key points
- Net income of $192.5 million, or $0.81 per diluted share, versus $204.2 million, or $0.77 per diluted share, a year earlier
- Adjusted net operating income of $194.0 million, or $0.82 per diluted share, for the quarter
- Total revenues of $304.2 million versus $305.3 million in the second quarter of 2024
- Dividend of $0.15 per share payable August 21, 2025, to holders of record on August 7, 2025; conference call July 31, 2025 at 9:30 a.m. ET
The filing
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 July 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.