Radian Group Q3 2026 Earnings Call Transcript - Radian Group (NYSE:RDN)

Radian Group posted strong third-quarter 2026 performance, reporting total revenue of $624 million, a significant year-over-year increase, and adjusted pre-tax operating income of $254 million. The company linked the results to the integration of Inigo and solid execution across both its mortgage and specialty businesses. Management emphasized disciplined underwriting, risk management, and capital allocation, with progress in integrating the Inigo acquisition aimed at diversifying earnings and expanding capital deployment. The outlook remained positive, supported by maintaining a strong capital position and returning excess capital via share repurchases, totaling $379 million year-to-date. Highlights included a record $286 billion in primary insurance in force, and CFO Dan Cabell cited a 17% year-to-date rise in operating earnings per share and improved return on equity.