MGIC INVESTMENT CORP
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 25, 2026
MTG$28.50-0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders' Equity
| MGIC Investment Corporation and Subsidiaries | ||||
|---|---|---|---|---|
| Consolidated Statements of Shareholders' Equity | ||||
| Years Ended December 31, | ||||
| (In thousands) | Note | 2025 | 2024 | 2023 |
| Common stock | ||||
| Balance, beginning of year | $248,449 | $371,353 | $371,353 | |
| Retirement of treasury stock | — | (119,053) | — | |
| Issuance of common stock, net under share-based compensation plans | 2 | 1,056 | — | — |
| Purchases of common stock | 11 | (30,138) | (3,851) | — |
| Balance, end of year | 219,367 | 248,449 | 371,353 | |
| Paid-in capital | ||||
| Balance, beginning of year | 1,808,236 | 1,808,113 | 1,798,842 | |
| Conversion of 9% Debentures, net of tax | 3 | — | — | (5,315) |
| Issuance of common stock, net under share-based compensation plans | 2 | (20,205) | — | — |
| Reissuance of treasury stock, net under share-based compensation plans | — | (31,201) | (17,021) | |
| Equity compensation | 24,432 | 31,324 | 31,607 | |
| Balance, end of year | 1,812,463 | 1,808,236 | 1,808,113 | |
| Treasury stock | ||||
| Balance, beginning of year | — | (1,384,293) | (1,050,238) | |
| Purchases of common stock | 2 | — | (475,107) | (343,819) |
| Reissuance of treasury stock, net under share-based compensation plans | — | 12,135 | 9,764 | |
| Retirement of treasury stock | 2 | — | 1,847,265 | — |
| Balance, end of year | — | — | (1,384,293) | |
| Accumulated other comprehensive income (loss) | ||||
| Balance, beginning of year | (288,162) | (316,281) | (481,511) | |
| Other comprehensive income | 9 | 153,768 | 28,119 | 165,230 |
| Balance, end of year | (134,394) | (288,162) | (316,281) | |
| Retained earnings | ||||
| Balance, beginning of year | 3,403,852 | 4,593,125 | 4,004,294 | |
| Retirement of treasury stock | 2 | — | (1,728,212) | — |
| Purchases of common stock | 11 | (759,439) | (93,013) | — |
| Net income | 738,347 | 762,994 | 712,949 | |
| Cash dividends | 11 | (132,645) | (131,042) | (124,118) |
| Balance, end of year | 3,250,115 | 3,403,852 | 4,593,125 | |
| Total shareholders' equity | $5,147,551 | $5,172,375 | $5,072,017 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.