Radian Group (RDN) Tops Q3 EPS by 11c, Revenues Beat

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Go back to Radian Group (RDN) Tops Q3 EPS by 11c, Revenues Beat

Radian Announces Third Quarter 2020 Financial Results

November 4, 2020 4:30 PM EST

-- GAAP net income of $135.1 million, or $0.70 per diluted share --

-- New Insurance Written of $33.3 billion, setting company record for quarterly flow mortgage insurance --

-- Primary new defaults decrease 67.5% quarter-over-quarter to 20,508, default rate declines to 5.9% --

-- PMIERs Available Assets of $4.5 billion, or $970.3 million (or 28% ) in excess of Minimum Required Assets --

-- Total Holding Company Liquidity of $1.4 billion --

-- Book value per share grows 11% year-over-year to $21.52... More