ITIC · Investors Title Company

Investors Title Company delivered a materially stronger first quarter of 2026, with net income more than doubling year-over-year to $6.1 million and diluted EPS rising 92% to $3.20 — its highest Q1 result since 2022. Revenue growth of 13.2% to $64.0 million was driven by two primary factors: a $5.7 million increase in net premiums written and escrow/title-related fees, attributed directly to higher real estate activity levels and ongoing expansion initiatives; and a $1.7 million swing in net investment gains (from a $1.2 million loss to a $0.5 million gain), predominantly from favorable changes in the estimated fair value of equity security investments. Operating expenses rose 7.2%, largely due to higher agent commissions reflecting growth in agent-originated business — consistent with the Company’s stated strategy of supporting and expanding its agency network. Management emphasized disciplined growth and long-term shareholder value, noting that results reflect both cyclical tailwinds in real estate and execution on strategic initiatives. The non-GAAP adjusted income before taxes — which excludes investment volatility — rose 37% to $7.2 million, underscoring underlying operational improvement. No forward-looking guidance was provided in the press release or 8-K filing, and no capital return actions (e.g., dividends or buybacks) were disclosed.