Investors Title Company reported second-quarter net income of $14.6 million, or $7.73 per diluted share, up from $12.3 million, or $6.48 per diluted share, a year earlier, as revenue climbed 17.5% to $86.5 million from $73.6 million. Net premiums written and escrow and title-related fees rose a combined $13.3 million, with agency premiums growing to $47.8 million from $38.7 million and still making up 70.8% of total premiums written, while direct premiums grew to $19.75 million. However, net investment gains added $4.8 million to revenue, driven mostly by rising fair values on the company's equity securities, so adjusted pretax income for the quarter only moved to $14.7 million from $13.7 million even as income before income taxes rose to $19.4 million from $15.8 million. Operating expenses rose 15.9% to $67.1 million, with agent commissions, personnel expenses and the provision for claims all increasing as the company updated its loss ratio assumptions. For the first six months, revenue rose 15.6% to $150.5 million and net income climbed to $20.7 million, or $10.93 per diluted share, from $15.4 million, or $8.16, while stockholders' equity grew to $286.6 million from $268.3 million at the end of 2025 and total assets rose to $380.1 million from $363.1 million. Chairman J. Allen Fine called it the company's best quarterly performance in years while describing current market conditions as sluggish, and hedge fund ownership slipped to 10 funds from 11 the prior quarter, with short interest at 6.22% of the float.
Investors Title CompanyQ2 net income rose to $14.6M on 17.5% revenue growth, with investment gains and higher premiums boosting results.
Bank of Chongqing Co Ltd