Investors Title Company (NASDAQ: ITIC) has released its financial results for the fourth quarter of 2025, showing a net income of $7.5 million, down from $8.4 million in the prior year period. Revenues decreased by 1.6% to $69.5 million, primarily due to a decline in net premiums written, offset by an increase in non-title services revenue. Operating expenses increased slightly by 0.2% to $59.9 million, driven by higher personnel costs and other expenses.
For the full fiscal year 2025, net income increased to $35.2 million from $31.1 million in the prior year period. Revenues increased by 5.6% to $272.8 million, while operating expenses rose by 4.3% to $228.2 million. Income before income taxes also saw a significant increase to $44.5 million from $39.5 million in the prior year period.
The increase in revenues for the year was driven by higher net premiums written, increased escrow and title-related fees, and growth in non-title services revenue from like-kind exchanges and management services. Operating expenses were driven up by agent commissions, other expenses, and increased professional services fees, partially offset by effective cost management.
Chairman J. Allen Fine commented on the results, highlighting the increase in title insurance volumes, modest increases in refinance activity, and the performance of non-title businesses. He also mentioned ongoing efforts to expand their presence and grow market share, and investments made to strengthen long-term operational efficiency.
Investors Title Company's subsidiaries issue and underwrite title insurance policies and provide investment management services and services in connection with tax-deferred exchanges of like-kind property. Today the company's shares have moved -0.67% to a price of $253.49. For the full picture, make sure to review INVESTORS TITLE CO's 8-K report.
