Investors Title Q4 net income $18.9M ($9.94/sh), up 13.7% YoY; FY net $67.0M up 70%

INVESTORS TITLE CO

2021-FY EPS reported $35.28 revenue$329,498,000

Q4 revenue $91.0M (+18% YoY); net premiums written $72.5M (+16.8%) driven by higher home prices and low mortgage rates.
Full-year net income $67.0M ($35.28 diluted EPS) vs $39.4M ($20.80) in prior year.
Escrow and title-related fees up 53%; non-title services revenue up 23.4%.
Adjusted income before taxes (non-GAAP) Q4 $16.2M (+18.9%), FY $70.0M (+56.4%).
Chairman cites record demand, housing values, and refinance activity surpassing 2020 despite slowing recently.

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