Investors Title Company announced its results for the second quarter ended June 30, 2025, reporting net income of $12.3 million, or $6.48 per diluted share. This represents a substantial increase from $8.9 million, or $4.70 per diluted share, in the prior year period. Total revenues for the quarter grew by 12.6% to $73.6 million, up from $65.4 million year-over-year.
The robust revenue growth was driven by a $4.0 million increase in net premiums written and escrow and title-related fees, primarily due to higher real estate activity levels. Non-title services revenue also increased by $1.2 million, largely from like-kind exchanges and management services. Additionally, other revenue saw a $2.7 million increase due to a gain on assets transferred to a joint venture, and net investment gains rose by $862 thousand.
Operating expenses increased by 6.9% to $57.9 million, mainly due to higher agent commissions and an increased provision for claims. For the first six months of 2025, net income increased $2.1 million to $15.4 million, and revenues climbed 9.6% to $130.2 million. Chairman J. Allen Fine stated that this was the strongest quarterly performance in over three years, reflecting solid execution and broad-based revenue growth, with a stronger pipeline of open orders entering the third quarter.
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