Items Tagged with 'MTG'


  • MGIC 4Q net income jumps to $107.5 million

    Expects slightly tougher year in 2017
    MGIC recorded a strong fourth quarter, posting net income of $107.5 million, or $0.28 per diluted share, which beat estimates by $0.06. However, Patrick Sinks, CEO of MTG and its primary subsidiary MGIC, explained that while the company achieved strong financial result in 2016, 2017 is not forecasted to go as well.
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  • MGIC CEO retires, Patrick Sinks fills role

    Curt Culver becomes non-executive chairman
    MGIC Investment Corporation announced Curt Culver, 62, will retire as CEO and become non-executive chairman. Patrick Sinks, 57, will step in to become CEO, in addition to joining the board of directors.
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