secwatch.observer — SEC 8-K summary
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Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001193125-24-128151
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Radian Q1 net income $152M ($0.98 EPS); adjusted EPS $1.03; MI in force hits record $271B
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- Net income $152M ($0.98 diluted EPS) vs $158M ($0.98) YoY; adjusted pretax operating income $203M ($1.03 diluted).
- Total revenue $319M, up 3% YoY; ROE 13.8%, adjusted net operating ROE 14.5%.
- Primary MI in force $271B (record, +4% YoY); default rate 2.1%, highest quarterly cure rate in over 20 years.
- Completed $625M senior notes offering and $525M senior notes redemption during Q1.
- Book value per share $29.30 (+12% YoY); holding company liquidity $1.37B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312524128151/0001193125-24-128151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312524128151/d805738d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-128151

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