Mgic Investment Corp.
- MTG ยท NYSE
- Surety Insurance
- Milwaukee, WI
- 542 employees
- CIK 0000876437
Updated from SEC filings through
Top things to know
Executives
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Timothy J. Mattke Chief Executive Officer 4, 2026-08-06 - Nathaniel H. Colson Officer EVP, CFO & CRO 4, 2026-09-25
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Nathan H. Colson Executive Vice President and Chief Financial Officer of MGIC Investment Corporation and Executive Vice President, Chief Financial Officer and Chief Risk Officer of MGIC 10-K, 2026-02-25 - Salvatore A. Miosi President & COO 4, 2026-09-02
- Julie K. Sperber VP-Chief Accounting Officer 4, 2026-03-03
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Paula C. Maggio EVP and General Counsel 4, 2026-08-10
Mgic Investment Corp is a U.S. public company in surety insurance (SIC 6351), headquartered in Milwaukee, WI. It trades as MTG on NYSE. Revenue was $1.2B in the fiscal year ending December 31, 2025, +0.5% from the year before. It reported about 542 employees. Timothy J. Mattke is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B 10-K, 2026-02-25 | $1.2B 10-K, 2026-02-25 | $1.2B 10-K, 2026-02-25 | $1.2B 10-K, 2025-02-26 | $1.2B 10-K, 2024-02-21 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $738M 10-K, 2026-02-25 | $763M 10-K, 2026-02-25 | $713M 10-K, 2026-02-25 | $865M 10-K, 2025-02-26 | $635M 10-K, 2024-02-21 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Timothy J. Mattke Chief Executive Officer at MGIC | Chief Executive Officer | 4, 2026-08-06 |
 Curt S. Culver ceo at MGIC | Board member (per proxy) bio: Chairman of the Board and former CEO of MGIC Investment Corp. | DEF 14A, 2026-03-20 |
| Michael L. Thompson | Board member (per proxy) bio: CEO of Fair Oaks Foods | DEF 14A, 2026-03-20 |
| Nathaniel H. Colson EVP - Chief Financial Officer at MGIC | Officer EVP, CFO & CRO | 4, 2026-09-25 |
| Nathan H. Colson | Executive Vice President and Chief Financial Officer of MGIC Investment Corporation and Executive Vice President, Chief Financial Officer and Chief Risk Officer of MGIC | 10-K, 2026-02-25 |
| Salvatore A. Miosi | President & COO | 4, 2026-09-02 |
| Mark M. Zandi | Board member (per proxy) bio: Chief Economist of Moody's Analytics, Inc. | DEF 14A, 2026-03-20 |
| Julie K. Sperber Vice President - Controller at MGIC | VP-Chief Accounting Officer | 4, 2026-03-03 |
| Paula C. Maggio | EVP and General Counsel | 4, 2026-08-10 |
| Sheryl L. Sculley | Board member (per proxy) bio: Consultant with Strategic Partnerships, Inc.; Adjunct Professor at the University of Texas at Austin; Former City Manager of the City of San Antonio, Texas | DEF 14A, 2026-03-20 |
What Mgic Investment Corp does
We are a holding company and through wholly-owned subsidiaries we provide private mortgage insurance, other mortgage credit risk management solutions, and ancillary services.2 billion.2 billion. For further information about our results of operations, see our consolidated financial statements in Item 8 and our MD&A in Item 7 . As of December 31, 2025, our principal mortgage insurance subsidiary, MGIC, was licensed in all 50 states of the United States, the District of Columbia, Puerto Rico and Guam. During 2025, we wrote new insurance in each of those jurisdictions.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 198.9 million (as of October 30, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $6.3B (as of June 30, 2025) | 10-K, February 25, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting March 20, 2026 (filed March 20, 2026) | DEF 14A, March 20, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Milwaukee, Wisconsin) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 6, 2026 | Paula C. Maggio EVP and General Counsel | Sale | 20,000 | $576K | Form 4, November 9, 2026 |
| November 2, 2026 | Salvatore A. Miosi President & COO | Sale | 30,000 | $855K | Form 4, November 3, 2026 |
| October 1, 2026 | Salvatore A. Miosi President & COO | Sale | 30,000 | $782K | Form 4, October 2, 2026 |
| October 1, 2026 | Timothy J. Mattke Chief Executive Officer | Sale | 137,114 | $3.6M | Form 4, October 2, 2026 |
| September 24, 2026 | Nathaniel H. Colson Officer EVP, CFO & CRO | Sale | 20,000 | $590K | Form 4, September 25, 2026 |
| September 1, 2026 | Salvatore A. Miosi President & COO | Sale | 30,000 | $922K | Form 4, September 2, 2026 |
| August 7, 2026 | Paula C. Maggio EVP and General Counsel | Sale | 20,000 | $606K | Form 4, August 10, 2026 |
| August 5, 2026 | Timothy J. Mattke Chief Executive Officer | Sale | 137,113 | $4.2M | Form 4, August 6, 2026 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-23
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-02-02
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-12-15
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-10-23
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-07-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-06-13
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Mgic Investment Corp
- What does Mgic Investment Corp do?
- In its own words, from Item 1 of its 10-K: "We are a holding company and through wholly-owned subsidiaries we provide private mortgage insurance, other mortgage credit risk management solutions, and ancillary services.2 billion.2 billion. For further information about our results of operations, see our consolidated financial statements in Item 8 and our MD&A in Item 7 . As of December 31, 2025, our principal mortgage insurance subsidiary, MGIC, was licensed in all 50 states of the United States, the District of Columbia, Puerto Rico and Guam. During 2025, we wrote new insurance in each of those jurisdictions."
- What is Mgic Investment Corp's revenue?
- $1.2B for the fiscal year ending December 31, 2025, from its 10-K filed February 25, 2026.
- Is Mgic Investment Corp profitable?
- Mgic Investment Corp reported net income of $738M for the fiscal year ending December 31, 2025.
- How many employees does Mgic Investment Corp have?
- About 542 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Mgic Investment Corp?
- Timothy J. Mattke, Chief Executive Officer, as named in a 4 filed August 6, 2026.
- Who is the CFO of Mgic Investment Corp?
- Nathaniel H. Colson, Officer EVP, CFO & CRO, as named in a 4 filed September 25, 2026.
- Where is Mgic Investment Corp headquartered?
- Milwaukee, WI.
- What is Mgic Investment Corp's stock ticker?
- MTG on NYSE.
- What industry is Mgic Investment Corp in?
- Surety Insurance, SIC code 6351.
- What is Mgic Investment Corp's website?
- mgic.com.
- When does Mgic Investment Corp report earnings next?
- February 8, 2027. Source: estimate_8k_pattern.
- Is Mgic Investment Corp a public company?
- Yes. Mgic Investment Corp files with the SEC under CIK 0000876437 and trades as MTG.
- Who audits Mgic Investment Corp?
- PricewaterhouseCoopers LLP, Milwaukee, Wisconsin, as named in its latest annual report (10-K).
- How many shares of Mgic Investment Corp are outstanding?
- 198.9 million shares as of October 30, 2026, from its 10-Q filed November 4, 2026.
- What is Mgic Investment Corp's public float?
- $6.3B as of June 30, 2025, as reported on the cover of its 10-K filed February 25, 2026.
- How many business segments does Mgic Investment Corp report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is Mgic Investment Corp's annual shareholder meeting?
- March 20, 2026, per its proxy statement (DEF 14A) filed March 20, 2026.
- Have Mgic Investment Corp insiders traded stock recently?
- Since July 1, 2025, officers and directors reported 30 open-market sales worth about $39.9M and 0 purchases on Forms 4 and 5. The most recent: Paula C. Maggio (EVP and General Counsel) sold 20,000 shares on November 6, 2026.