Stewart Information Services (STC) Investor presentation summary

Strategic vision and growth objectives

• Aims to become the premier title services company by developing value-based client relationships and market-leading products.

• Pursues share growth of 15%+ by 2028 and targets a 12% margin in a 5-million-unit home sales market.

• Focuses on attracting top industry talent and fostering a culture of ownership and teamwork.

• Growth plans include organic expansion, agent acquisitions, and leveraging technology across business lines.

Business segments and operations

• Title segment represents about 80% of total revenues, offering title insurance, underwriting, and settlement services.

• Real estate solutions segment accounts for roughly 20% of revenues, providing credit, data, appraisal, and property preservation services.

• Operates over 440 offices globally with 8,000+ employees, holding an 11% US title premium market share and strong positions in Canada.

• Core businesses include direct operations, national commercial services, agency services, and lender services.

Financial performance and market position

• Achieved 18% adjusted revenue growth in 2025, reaching $2.9B, with adjusted net income up 48% to $140M.

• Adjusted pre-tax margin improved to 6.8% in 2025, up from 5.8% in 2024.

• Operating cash flow rose to $206M in 2025, a 52% increase over 2024.

• Book value (excluding AOCI) reached $1.7B in 2025, with adjusted ROE at 9.0%.

• Outpaced peers in net revenue growth from 2019 to 2025, with a 70% increase.