Investors Title Company (ITIC) investor relations material

Executive summary

• Net income for Q2 2026 was $14.6 million ($7.73 per diluted share), up 19.2% year-over-year; six-month net income rose 34.0% to $20.7 million ($10.93 per share).

• Total revenues for Q2 2026 increased 17.5% to $86.5 million; six-month revenues rose 15.6% to $150.5 million.

• Growth was driven by higher real estate activity, expansion initiatives, and increases in both direct and agency premiums.

• Title revenue growth was seen across all key markets, supported by improved market conditions.

Financial highlights

• Net premiums written grew 23.9% in Q2 to $67.5 million and 17.5% for the six months, reaching $118.5 million.

• Operating expenses increased 15.9% in Q2 and 11.8% for the six months, mainly due to higher commissions, personnel, and claims provisions.

• Earnings per share (diluted) were $7.73 for Q2 and $10.93 for the six months, up from $6.48 and $8.16 in the prior year.

• Net investment gains were $4.8 million in Q2 and $5.3 million for the six months, reflecting strong equity market performance.

• Income before income taxes for Q2 was $19.4 million, up from $15.8 million year-over-year.

Outlook and guidance

• Management expects continued revenue growth from recent rate increases in key states and ongoing expansion, with a focus on long-term shareholder value.

• Real estate market activity is projected to remain robust, with mortgage originations forecasted to rise 5.5% in 2026.

• Inflation, interest rate volatility, and regulatory changes remain key variables for future performance.

• Continued investment in market share expansion and internal efficiency initiatives is planned.