Radian(US:RDN)2025-07-31 15:00Financial Performance - Radian Group's net income for Q2 2025 was $142 million, compared to $145 million in Q1 2025 and $152 million in Q2 2024[9] - The diluted net income per share was $1.02, and the adjusted diluted net operating income per share was $1.01[9] - The book value per share grew by 12% year-over-year to $33.18, compared to $29.66 as of June 30, 2024[9] - The return on equity was 12.5%, and the adjusted net operating return on equity was 12.4%[10] Mortgage Insurance - The primary mortgage insurance in force reached $276.7 billion, compared to $274.2 billion as of March 31, 2025, and $272.8 billion as of June 30, 2024[12] - Net mortgage insurance premiums earned were $234 million, consistent with $234 million in Q1 2025 and $235 million in Q2 2024[12] - New insurance written was $14.3 billion, compared to $9.5 billion in Q1 2025 and $13.9 billion in Q2 2024[14] Investment Portfolio - Total investments amounted to $6.5 billion, compared to $6.1 billion as of March 31, 2025, and $6.6 billion as of June 30, 2024[14] - Net investment income was $73 million, compared to $69 million in Q1 2025 and $74 million in Q2 2024[12] - The investment portfolio is diversified, with 41.2% allocated to corporate bonds and commercial paper, totaling $2.747 billion[36] Capital and Risk Management - Available holding company liquidity was $784 million, compared to $834 million as of March 31, 2025, and $1.2 billion as of June 30, 2024[10] - PMIERs excess available assets were $2.0 billion, compared to $2.1 billion as of March 31, 2025, and $2.2 billion as of June 30, 2024[10] - The holding company debt-to-capital ratio was 19.2%[56]