RADIAN GROUP INC
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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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.
FY2024 · Filed Feb 14, 2025
RDN$35.97-3.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Balance Sheets
Condensed Balance Sheet
| (In thousands, except per-share amounts) | December 31,2024 | December 31,2023 |
|---|---|---|
| Assets | ||
| Investments | ||
| Fixed-maturities available for sale—at fair value (amortized cost of $634,133 and $653,575) | $612,209 | $623,957 |
| Trading securities—at fair value (amortized cost of $3,987) | 4,838 | — |
| Equity securities—at fair value (cost of $126,830 and $79,170) | 134,864 | 83,620 |
| Other invested assets—at fair value | 4,850 | 6,222 |
| Short-term investments—at fair value (includes $6,276 and $63,450 of reinvested cash collateral held under securities lending agreements) | 115,983 | 316,991 |
| Total investments | 872,744 | 1,030,790 |
| Cash | 5,782 | 2,200 |
| Investment in subsidiaries, at equity in net assets (Note C) | 5,012,554 | 4,990,822 |
| Other assets | 131,345 | 165,612 |
| Total assets | $6,022,425 | $6,189,424 |
| Liabilities and stockholders’ equity | ||
| Liabilities | ||
| Senior notes | $1,065,337 | $1,417,781 |
| Net deferred tax liability (Note A) | 245,692 | 226,141 |
| Other liabilities | 87,538 | 147,697 |
| Total liabilities | 1,398,567 | 1,791,619 |
| Common stockholders’ equity | ||
| Common stock ($0.001 par value; 485,000 shares authorized; 2024: 168,350 and 147,569 shares issued and outstanding, respectively; 2023: 173,247 and 153,179 shares issued and outstanding, respectively) | 168 | 173 |
| Treasury stock, at cost (2024: 20,782 shares; 2023: 20,068 shares) | (968,246) | (945,870) |
| Additional paid-in capital | 1,246,826 | 1,430,594 |
| Retained earnings | 4,695,348 | 4,243,759 |
| Accumulated other comprehensive income (loss) | (350,238) | (330,851) |
| Total common stockholders’ equity | 4,623,858 | 4,397,805 |
| Total liabilities and stockholders’ equity | $6,022,425 | $6,189,424 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.