Operator
Good day, and thank you for standing by. Welcome to the MGIC Investment Corporation First Quarter 2021 Earnings Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mike Zimmerman, Senior Vice President, Investor Relations. Please go ahead.
Michael J. Zimmerman
Investor Media Contact
Thanks, Laurie. Good morning, and thank you for joining us this morning and for your interest in MGIC Investment Corporation. Joining me on the call today to discuss the results for the first quarter of 2021, our Chief Executive Officer Tim Mattke; and Chief Financial Officer Nathan Colson. I want to remind all participants that our earnings release of last evening, which may be accessed on our website, which is located at mtg.mgic.com under Newsroom, includes additional information about the company s quarterly results that we will refer to during the call and includes the reconciliation of non-GAAP financial measures to their most comparable
MGIC Investment Corporation Reports First Quarter 2021 Results
First Quarter 2021 Net Income of $150.0 million or $0.43 per Diluted Share
First Quarter 2021 Adjusted Net Operating Income (Non-GAAP) of $148.0 million or $0.42 per Diluted Share
News provided by
Share this article
Share this article
MILWAUKEE, May 5, 2021 /PRNewswire/ MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the first quarter of 2021. Net income for the quarter was $150.0 million, or $0.43 per diluted share, compared with net income of $149.8 million, or $0.42 per diluted share, for the first quarter of 2020.
Adjusted net operating income for the first quarter of 2021 was $148.0 million, or $0.42 per diluted share, compared with $147.5 million, or $0.42 per diluted share, for the first quarter of 2020. We present the non-GAAP financial measure Adjusted net operating income to increase the comparability between periods of our financial results. See
UPAF Community Campaign launches with $11 3 million goal - Milwaukee Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Operator
Ladies and gentlemen, thank you for standing by. Welcome to MGIC Investment Corporation s Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] After the speakers remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.
I would now like to hand the conference over to your host, Mr. Mike Zimmerman, Senior Vice President, Investor Relations. Sir, the floor is yours.
Michael J. Zimmerman
Senior Vice President, Investor Relations
Thanks, Claire. Good morning, and thank you for joining us this morning and for your interest in MGIC Investment Corporation. Joining me on the call today to discuss the results for the fourth quarter of 2020 and to provide a little bit of outlook for 2021 are Chief Executive Officer, Tim Mattke; and Chief Financial Officer, Nathan Colson.
MGIC Investment Corporation Reports Fourth Quarter 2020 Results
Fourth Quarter 2020 Net Income of $151.4 million or $0.44 per Diluted Share
Fourth Quarter 2020 Adjusted Net Operating Income (Non-GAAP) of $149.5 million or $0.43 per Diluted Share
Full Year 2020 Net Income of $446.1 million or $1.29 per Diluted share
Full Year 2020 Adjusted Net Operating Income (Non-GAAP) of $456.8 million or $1.32 per Diluted Share
News provided by
Share this article
Share this article
MILWAUKEE, Feb. 23, 2021 /PRNewswire/ MGIC Investment Corporation (NYSE: MTG) today reported operating and financial results for the fourth quarter of 2020. Net income for the quarter was $151.4 million, or $0.44 per diluted share, compared to net income of $177.1 million, or $0.49 per diluted share, for the fourth quarter of 2019. Net income for the full year of 2020 was $446.1 million, or $1.29 per diluted share, compared to $673.8 million, or $1.85 per diluted share, for the full year of 2019.