---
schema_version: "secwatch.filing_event.v1"
accession: "0000720858-24-000005"
form_type: "8-K"
ticker: "ITIC"
cik: "0000720858"
company_name: "INVESTORS TITLE CO"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:30:05.293939+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Investors Title Q1 net income $4.5M ($2.40 EPS) vs $1.2M ($0.62) prior year

## Summary
- Net income $4.5M ($2.40 diluted EPS) vs $1.2M ($0.62) in Q1 2023.
- Revenue increased 4.1% to $53.5M, driven by higher premiums written and net investment gains.
- Operating expenses decreased 4.3%, mainly due to $2.2M reduction in personnel costs.
- Adjusted income before taxes (non-GAAP) rose to $3.4M from $1.1M.
- Chairman noted challenging real estate market but improvement in key markets.

## SEC filing metadata
- accession: 0000720858-24-000005
- form_type: 8-K
- ticker: ITIC
- cik: 0000720858
- company_name: INVESTORS TITLE CO
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720858/000072085824000005/0000720858-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720858/000072085824000005/itic-20240503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000720858-24-000005
- JSON: https://secwatch.observer/filing/0000720858-24-000005.json
- Plain text: https://secwatch.observer/filing/0000720858-24-000005.txt

## Key facts
- Earnings Releases
  INVESTORS TITLE CO reported the quarter ended March 31, 2024 results: revenue $53.5 million, net income $4.5 million, EPS $2.40 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $53.5 million
  - Net income: $4.5 million
  - EPS: $2.40 per diluted share
  - Result: reported results
  source text: The Company reported net income of $4.5 million, or $2.40 per diluted share, compared with net income of $1.2 million, or $0.62 per diluted share, for the prior year period. Revenues increased 4.1% to $53.5 million, compared to $51.3 million in the prior year period
  evidence_url: https://www.sec.gov/Archives/edgar/data/720858/000072085824000005/0000720858-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.