Mgic investment corporation reports first quarter 2024 results

First quarter 2024 net income of $174.1 million or $0.64 per diluted share first quarter 2024 adjusted net operating income (non-gaap) of $178.4 million or $0.65  per diluted share milwaukee , may 1, 2024 /prnewswire/ -- mgic investment corporation (nyse: mtg) today reported operating and financial results for the first quarter of 2024. tim mattke, ceo of mtg and mortgage guaranty insurance corporation ("mgic") said, "we began the year with a solid quarter generating net income of $174 million, delivering a return on equity of 13.7%, and increasing book value per share by 14.5% year-over-year while returning meaningful capital to our shareholders.
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