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Dec 31, 2021
Investors Title Q4 2021 Earnings Report
Investors Title Company reported record quarterly and annual revenues and net premiums written, with net income increasing by 13.7% for the quarter and 70.0% for the year.
Key Takeaways
Investors Title Company announced record fourth-quarter and fiscal year 2021 results. Net income for the quarter increased by 13.7% to $18.9 million, with revenues up by 18.0% to $91.0 million. The company set all-time quarterly and annual records for total revenues and net premiums written, in addition to setting an all-time annual record for net income.
Net income increased 13.7% to $18.9 million, or $9.94 per diluted share, compared to the prior year period.
Revenues increased 18.0% to $91.0 million, driven by higher average home prices and low mortgage interest rates.
Net premiums written increased 16.8% to $72.5 million.
Escrow and other title-related fees increased 53.0%.
Revenue by Segment
Forward Guidance
The company is focused on enhancing competitive strengths and expanding market presence.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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