secwatch.observer — SEC 8-K summary
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Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001157523-22-001502
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian Q3 GAAP EPS $1.20 vs $0.67 YoY; adjusted EPS $1.31; ROE 20.7%
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- GAAP net income $198.3M ($1.20/diluted share) vs $126.4M ($0.67) in Q3 2021; adjusted diluted net operating income $1.31/share.
- Return on equity 20.7% (11.8% YoY); adjusted net operating ROE 22.5% (11.8% YoY).
- Year-to-date through Oct 31 repurchased 19.5M shares (11.1% of outstanding).
- Primary MI in force $259B (+7.3% YoY); default rate improved to 2.1% from 3.4%.
- Provision for losses was a $97.5M benefit vs $16.8M expense in prior year; NIW declined to $17.6B from $26.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000115752322001502/0001157523-22-001502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000115752322001502/a52959475.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001502

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