Radian Group (RDN) Tops Q4 EPS by 9c

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Radian Announces Fourth Quarter and Full Year 2019 Financial Results

February 5, 2020 6:27 PM EST

-- Fourth quarter GAAP net income of $161 million, or $0.79 per diluted share, and full year GAAP net income of $672 million, or $3.20 per diluted share --

-- Adjusted diluted net operating income per share for the fourth quarter of $0.86, an increase of 23% year-over-year, and for the full year of $3.21, an increase of 19% year-over-year --

-- Writes $71 billion in new MI business for 2019; MI in force increases 9% year-over-year to $241 billion --

-- Purchases $300 million or 13.5 million shares of Radian Group common stock in 2019... More