See more : Travis Perkins plc (TVPKF) Income Statement Analysis – Financial Results
Complete financial analysis of Investors Title Company (ITIC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Investors Title Company, a leading company in the Insurance – Specialty industry within the Financial Services sector.
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Investors Title Company (ITIC)
About Investors Title Company
Investors Title Company, through its subsidiaries, engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It also provides services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property. In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 24 states and the District of Columbia, primarily in the eastern half of the United States. The company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 224.75M | 283.39M | 329.50M | 236.41M | 183.50M | 156.26M | 161.65M | 138.49M | 127.20M | 123.12M | 126.25M | 115.08M | 90.69M | 71.31M | 71.31M | 71.12M | 84.94M | 84.66M | 87.86M | 79.84M | 90.83M | 73.25M | 64.47M | 42.23M | 47.37M | 48.48M | 32.39M | 22.99M | 17.37M | 16.90M | 2.60M | 14.30M | 10.30M | 9.80M | 8.90M | 9.10M | 10.00M | 8.90M | 6.20M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 349.65K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 224.75M | 283.39M | 329.50M | 236.41M | 183.50M | 156.26M | 161.65M | 138.49M | 127.20M | 123.12M | 126.25M | 115.08M | 90.69M | 71.31M | 71.31M | 71.12M | 84.94M | 84.31M | 87.86M | 79.84M | 90.83M | 73.25M | 64.47M | 42.23M | 47.37M | 48.48M | 32.39M | 22.99M | 17.37M | 16.90M | 2.60M | 14.30M | 10.30M | 9.80M | 8.90M | 9.10M | 10.00M | 8.90M | 6.20M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 99.59% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 76.71M | 102.65M | 77.25M | 61.88M | 55.31M | 52.37M | 54.17M | 43.17M | 39.72M | 36.10M | 34.82M | 31.03M | 27.74M | 56.18M | 25.73M | 28.27M | 28.42M | 26.71M | 30.31M | 29.15M | 39.11M | 32.01M | 28.07M | 15.47M | 17.05M | 17.40M | 10.07M | 5.78M | 3.67M | 7.90M | 0.00 | 2.60M | 6.00M | 1.50M | 1.10M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 68.64M | 0.00 | 2.37M | 2.33M | 2.15M | 1.86M | 49.60M | 1.54M | 29.25M | 27.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 76.71M | 102.65M | 77.25M | 61.88M | 55.31M | 52.37M | 54.17M | 43.17M | 39.72M | 36.10M | 34.82M | 31.03M | 77.34M | 57.73M | 54.98M | 55.98M | 28.42M | 26.71M | 30.31M | 29.15M | 39.11M | 32.01M | 28.07M | 15.47M | 17.05M | 17.40M | 10.07M | 5.78M | 3.67M | 7.90M | 0.00 | 2.60M | 6.00M | 1.50M | 1.10M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -355.94M | -326.59M | -249.25M | -199.67M | -176.94M | -185.55M | -153.53M | -149.15M | -145.73M | -139.52M | -130.03M | -158.52M | -120.42M | -120.37M | -130.32M | -101.54M | 0.00 | -99.59M | -93.49M | -113.77M | -93.58M | -83.81M | -53.44M | -57.95M | -58.18M | -36.00M | -23.35M | -16.62M | -20.30M | -300.00K | -17.40M | -15.30M | -9.50M | -8.30M | -6.50M | -7.00M | -5.70M | -3.90M |
| Operating Expenses | 94.07M | -253.28M | -249.34M | -187.37M | -144.36M | -124.57M | -131.38M | -110.36M | -109.42M | -109.63M | -104.71M | -99.00M | -81.19M | -62.69M | -65.39M | -74.34M | -73.12M | 141.50K | -69.28M | -64.34M | -74.66M | -61.58M | -55.73M | -37.97M | -40.91M | -40.78M | -25.94M | -17.57M | -12.95M | -12.40M | -300.00K | -14.80M | -9.30M | -8.00M | -7.20M | -6.50M | -7.00M | -5.70M | -3.90M |
| Cost & Expenses | 94.07M | 253.28M | 244.57M | 186.75M | 143.68M | 129.19M | 131.38M | 110.36M | 109.42M | 109.63M | 104.71M | 99.00M | 81.19M | 62.69M | 65.39M | 74.34M | 73.12M | 67.33M | 69.28M | 64.34M | 74.66M | 61.58M | 55.73M | 37.97M | 40.91M | 40.78M | 25.94M | 17.57M | 12.96M | 8.00M | 100.00K | 2.70M | 6.40M | 1.50M | 1.10M | 300.00K | -7.00M | -5.70M | 100.00K |
| Interest Income | 9.06M | 4.70M | 3.77M | 4.39M | 4.75M | 4.62M | 4.44M | 4.68M | 4.53M | 4.26M | 3.89M | 3.98M | 3.60M | 3.67M | 3.78M | 0.00 | 0.00 | 561.40K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.10K | 100.00K | 100.00K | 100.00K | 0.00 | 0.00 | 0.00 | 300.00K | 0.00 | 0.00 | 100.00K |
| Depreciation & Amortization | 4.12M | 3.58M | 2.44M | 2.26M | 2.26M | 2.23M | 2.35M | 1.52M | 1.83M | 1.46M | 1.18M | 954.93K | 814.65K | 851.85K | 971.82K | 1.23M | 1.48M | 1.34M | 1.09M | 1.01M | 874.96K | 986.89K | 1.41M | 794.69K | 470.84K | 393.03K | 346.55K | 328.68K | 307.65K | 300.00K | 0.00 | 200.00K | 100.00K | 200.00K | 100.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 30.35M | 33.69M | 87.37M | 51.92M | 39.82M | 27.07M | 32.62M | 29.65M | 9.20M | 14.95M | 22.72M | 17.03M | 10.31M | 9.47M | 6.87M | -1.98M | 13.28M | 0.00 | 19.67M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.72M | 400.00K | 0.00 | 300.00K | 0.00 | 0.00 | 0.00 | 0.00 | 3.00M | 3.20M | 0.00 |
| EBITDA Ratio | 13.50% | 11.89% | 25.07% | 21.70% | 22.57% | 21.71% | 20.18% | 21.41% | 15.42% | 12.14% | 18.00% | 14.80% | 11.37% | 13.28% | 9.66% | -2.79% | 15.66% | 22.06% | 22.39% | 20.69% | 18.77% | 17.28% | 15.75% | 11.97% | 14.64% | 16.69% | 20.99% | 25.01% | 27.19% | 28.40% | 88.46% | -2.10% | 10.68% | 20.41% | 20.22% | 28.57% | 30.00% | 35.96% | 37.10% |
| Operating Income | 26.23M | 30.11M | 80.16M | 49.04M | 39.15M | 31.69M | 30.27M | 28.13M | 17.78M | 13.49M | 21.54M | 16.08M | 9.50M | 8.62M | 5.92M | -3.22M | 11.82M | 244.29K | 18.58M | 15.50M | 16.17M | 11.67M | 8.74M | 4.26M | 6.46M | 7.70M | 6.45M | 5.42M | 4.41M | 4.50M | 2.30M | -500.00K | 1.00M | 1.80M | 1.70M | 2.60M | 3.00M | 3.20M | 2.30M |
| Operating Income Ratio | 11.67% | 10.62% | 24.33% | 20.74% | 21.33% | 20.28% | 18.73% | 20.31% | 13.98% | 10.96% | 17.06% | 13.97% | 10.47% | 12.08% | 8.30% | -4.52% | 13.92% | 0.29% | 21.15% | 19.42% | 17.80% | 15.93% | 13.55% | 10.09% | 13.64% | 15.87% | 19.92% | 23.58% | 25.42% | 26.63% | 88.46% | -3.50% | 9.71% | 18.37% | 19.10% | 28.57% | 30.00% | 35.96% | 37.10% |
| Total Other Income/Expenses | 0.00 | -150.57M | -163.36M | -124.84M | -88.32M | -76.84M | -83.22M | -72.42M | -70.43M | -74.35M | -70.57M | -98.96M | -814.65K | -851.85K | -758.66K | -1.25M | -1.46M | 0.00 | -1.09M | 0.00 | 16.17M | 11.67M | 8.74M | 0.00 | 6.46M | 7.70M | 6.45M | 5.42M | 4.40M | 1.30M | 0.00 | 1.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 26.23M | 30.11M | 84.93M | 49.66M | 39.82M | 27.07M | 30.27M | 28.13M | 17.78M | 13.49M | 21.54M | 16.08M | 9.50M | 8.62M | 5.92M | -3.22M | 11.82M | 17.33M | 18.58M | 15.50M | 16.17M | 11.67M | 8.74M | 4.26M | 6.46M | 7.70M | 6.45M | 5.42M | 4.40M | 5.80M | 0.00 | 500.00K | 1.90M | 2.90M | 2.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 11.67% | 10.62% | 25.78% | 21.01% | 21.70% | 17.32% | 18.73% | 20.31% | 13.98% | 10.96% | 17.06% | 13.97% | 10.47% | 12.08% | 8.30% | -4.52% | 13.92% | 20.47% | 21.15% | 19.42% | 17.80% | 15.93% | 13.55% | 10.09% | 13.64% | 15.87% | 19.92% | 23.58% | 25.36% | 34.32% | 0.00% | 3.50% | 18.45% | 29.59% | 29.21% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 4.54M | 6.21M | 17.91M | 10.24M | 8.37M | 5.21M | 4.57M | 8.62M | 5.23M | 3.82M | 6.75M | 4.89M | 2.57M | 2.24M | 1.09M | -2.03M | 3.42M | 4.14M | 5.29M | 4.78M | 5.21M | 3.56M | 2.73M | 1.12M | 2.04M | 2.24M | 1.92M | 1.58M | 1.15M | 1.30M | -100.00K | 500.00K | 200.00K | 300.00K | 300.00K | 600.00K | 500.00K | 1.40M | 1.00M |
| Net Income | 21.69M | 23.90M | 67.02M | 39.42M | 31.46M | 21.86M | 25.70M | 19.52M | 12.55M | 9.67M | 14.80M | 11.19M | 6.93M | 6.37M | 4.83M | -1.18M | 8.40M | 13.19M | 13.29M | 10.72M | 10.97M | 8.11M | 6.01M | 3.14M | 4.42M | 5.46M | 4.53M | 3.84M | 3.25M | 3.10M | 2.30M | -1.10M | 800.00K | 1.50M | 1.40M | 1.70M | 2.50M | 1.80M | 1.20M |
| Net Income Ratio | 9.65% | 8.43% | 20.34% | 16.67% | 17.14% | 13.99% | 15.90% | 14.09% | 9.87% | 7.86% | 11.72% | 9.72% | 7.65% | 8.94% | 6.77% | -1.66% | 9.89% | 15.57% | 15.13% | 13.43% | 12.07% | 11.07% | 9.32% | 7.44% | 9.33% | 11.26% | 13.99% | 16.72% | 18.72% | 18.34% | 88.46% | -7.69% | 7.77% | 15.31% | 15.73% | 18.68% | 25.00% | 20.22% | 19.35% |
| EPS | 11.46 | 12.60 | 35.39 | 20.84 | 16.66 | 11.58 | 13.63 | 10.23 | 6.32 | 4.75 | 7.15 | 5.33 | 3.22 | 2.79 | 2.11 | -0.50 | 3.39 | 5.22 | 5.19 | 4.29 | 4.38 | 3.22 | 2.35 | 1.21 | 1.59 | 1.95 | 1.63 | 1.39 | 1.16 | 1.10 | 0.81 | -0.37 | 0.28 | 0.51 | 0.50 | 0.59 | 0.89 | 0.26 | 0.13 |
| EPS Diluted | 11.46 | 12.59 | 35.27 | 20.79 | 16.59 | 11.52 | 13.56 | 10.19 | 6.30 | 4.74 | 7.08 | 5.24 | 3.20 | 2.78 | 2.10 | -0.50 | 3.35 | 5.14 | 5.10 | 4.09 | 4.18 | 3.12 | 2.31 | 1.21 | 1.59 | 1.92 | 1.60 | 1.39 | 1.16 | 1.10 | 0.81 | -0.37 | 0.28 | 0.51 | 0.50 | 0.59 | 0.89 | 0.26 | 0.13 |
| Weighted Avg Shares Out | 1.89M | 1.90M | 1.89M | 1.89M | 1.89M | 1.89M | 1.89M | 1.91M | 1.98M | 2.03M | 2.06M | 2.08M | 2.15M | 2.28M | 2.29M | 2.36M | 2.48M | 2.53M | 2.56M | 2.50M | 2.50M | 2.52M | 2.55M | 2.59M | 2.78M | 2.81M | 2.78M | 2.77M | 2.80M | 2.82M | 2.84M | 2.97M | 2.86M | 2.94M | 2.80M | 2.88M | 2.81M | 8.79M | 8.93M |
| Weighted Avg Shares Out (Dil) | 1.89M | 1.90M | 1.90M | 1.90M | 1.90M | 1.90M | 1.90M | 1.92M | 1.99M | 2.04M | 2.08M | 2.12M | 2.17M | 2.29M | 2.30M | 2.36M | 2.51M | 2.56M | 2.61M | 2.62M | 2.62M | 2.60M | 2.60M | 2.60M | 2.79M | 2.84M | 2.83M | 2.80M | 2.84M | 2.82M | 2.84M | 2.97M | 2.86M | 2.94M | 2.80M | 2.88M | 2.81M | 8.79M | 8.93M |
Investors Title Company Declares Quarterly Dividend
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record June 15, 2023, payable June 30, 2023. Investors Title Company is...
Investors Title Company Announces First Quarter 2023 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the quarter ended March 31, 2023. The Company reported net income of $1.2 million, or $0.62 per diluted share, compared with net income of $6.2 million, or $3.25...
Investors Title Company Announces First Quarter 2023 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the quarter ended March 31, 2023. The Company reported net income of $1.2 million, or $0.62 per diluted share, compared with net income of $6.2 million, or $3.25...
Investors Title Company: Providing Stability In An Unstable Market
Investors Title Company represents a low-risk opportunity with reasonable upside. Despite short-term macro headwinds, ITIC has substantial long-term earning power and a rock-solid balance sheet.
Investors Title Company Declares Quarterly Dividend
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record March 21, 2023, payable March 31, 2023. Investors Title Company is...
Investors Title Company Announces Fourth Quarter and Fiscal Year 2022 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2022. For the quarter, net income decreased 60.2% to $7.5 million, or $3.97 per diluted share, versus $18.9 million, or $9.94 per...
Investors Title Company Announces Fourth Quarter and Fiscal Year 2022 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the fourth quarter and year ended December 31, 2022. For the quarter, net income decreased 60.2% to $7.5 million, or $3.97 per diluted share, versus $18.9 million, or $9.94 per...
Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $3.00 per share to shareholders of record on December 1, 2022, payable December 15, 2022. The special dividend...
Investors Title Company Announces Third Quarter 2022 Financial Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the third quarter ended September 30, 2022. The Company reported net income of $7.9 million, or $4.17 per diluted share, for the three months ended September 30, 2022,...
Source: https://incomestatements.info
Category: Stock Reports