Radian(US:RDN)2025-11-05 16:00Financial Performance - Q3 2025 - Net income from continuing operations was $153 million[20] - Diluted net income from continuing operations per share was $1.11[20] - Adjusted diluted net operating income per share was $1.15, compared to $1.11 in Q2 2025 and $1.09 in Q3 2024[20] - Return on equity from continuing operations was 13.4%[21] - Adjusted net operating return on equity was 13.9%, compared to 13.5% in Q2 2025 and 14.7% in Q3 2024[21] - Primary mortgage insurance in force reached $280.6 billion, up from $276.7 billion as of June 30, 2025[26] - Total revenues were $303 million, compared to $299 million in Q2 2025[26] Strategic Initiatives - Radian announced the proposed acquisition of Inigo for $1.7 billion in cash[10] - The acquisition is expected to result in mid-teens GAAP EPS accretion and approximately 200 bps GAAP ROE accretion in FY 2026E[10] - Radian plans to divest its Mortgage Conduit, Title, and Real Estate Services businesses within one year[15] - The divestiture is expected to reduce expenses by 36% and improve Radian's standalone ROE by 120 bps[15]