Company Analysis

Investors Title Company (ITIC)

Nasdaq: ITIC · Title Insurance · Chapel Hill, NC · filing with the SEC since 1995
Grade5.0
◀ Past 4.4● Present 5.5▶ Future 5.4

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 16, 2026Mar 17, 2025Mar 15, 2024Mar 14, 2023Mar 14, 2022Mar 15, 2021Mar 11, 2020Mar 13, 2019Mar 12, 2018Mar 10, 2017
Revenue272,755,000258,298,000224,750,000283,392,000329,498,000236,408,000183,502,000156,259,000161,627,000r138,488,000r
For insurers
Benefits, claims and losses4,607,0004,530,0004,762,0004,255,0005,686,0005,204,0003,532,000-332,0003,311,000r243,000r
Total benefits, losses and expenses·····186,747,000143,679,000129,190,000131,356,000r110,357,000r
Total operating expenses228,206,000218,835,000198,520,000253,284,000244,566,000186,747,000····
Interest and investment income9,965,00010,657,0009,055,0004,704,0003,773,0004,393,0004,752,0004,619,0004,445,000r4,684,000r
Income before income taxes44,549,00039,463,00026,230,00030,108,00084,932,00049,661,00039,823,00027,069,00030,271,000r28,131,000r
Income tax expense9,369,0008,390,0004,544,0006,205,00017,912,00010,241,0008,365,0005,210,0004,570,0008,616,000
Net income including non-controlling interests·····39,420,00031,458,00021,859,00025,701,000r19,515,000r
Net income to non-controlling interests······0-33,000-6,000r-8,000r
Net income35,180,00031,073,00021,686,00023,903,00067,020,00039,420,00031,458,00021,892,00025,707,000r19,523,000r
Earnings per share, basic18.6416.4811.4512.6035.3820.8416.6611.6013.6310.23
Earnings per share, diluted18.5716.4311.4512.5935.2820.8016.5911.5413.5610.19
Weighted average shares, basic1,8871,8851,8931,8971,8941,8921,8881,8871,886r1,908r
Weighted average shares, diluted1,8951,8921,8931,8981,9001,8961,8961,8971,896r1,915r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton ITIC · research, not advice