Stewart Information Services Reports 24.5% Revenue Growth and Increased Net Income in Q2 2026

Stewart Information Services Corporation reported a significant increase in financial performance for the second quarter of 2026, with net income attributable to the company reaching $37.2 million, or $1.21 per diluted share, compared to $31.9 million, or $1.13 per diluted share, in the same period of 2025. The company’s operating revenues for the quarter totaled $899.2 million, a 24.5% increase from $722.2 million year-over-year. This growth was driven by strong performance in both direct and agency title operations, with direct title revenues increasing by 5% to $306.6 million and agency title revenues rising by 25% to $377.0 million.

In the first half of 2026, Stewart's operating revenues reached $1.68 billion, up from $1.33 billion in the prior year, marking a 26% increase. The company’s net income for the six-month period was $60.8 million, compared to $41.1 million in 2025. The increase in revenues was attributed to a combination of higher transaction volumes and improved pricing in the title insurance market, as well as contributions from the recently acquired Mortgage Contracting Services (MCS) business, which bolstered the real estate solutions segment.

Operationally, Stewart saw a rise in employee headcount, averaging approximately 8,200 employees in the first half of 2026, compared to 7,000 in the same period of 2025. This increase was primarily due to growth in the real estate solutions segment and the integration of MCS. The company also reported a 3% improvement in title loss ratios, reflecting favorable claims experience. The total number of opened orders increased by 3% year-over-year, with commercial orders rising by 33%, indicating a robust demand for title services.

Stewart's strategic developments included the acquisition of MCS, which contributed to a 75% increase in revenues in the real estate solutions segment for the second quarter. The company also reported a decrease in investment income, down 9% to $14.8 million, primarily due to lower interest rates affecting escrow balances. The company’s total cash and investments stood at $914.9 million as of June 30, 2026, with $492.7 million available for operations after accounting for statutory reserves.

Looking ahead, Stewart anticipates continued growth driven by favorable market conditions, including a projected 3% increase in existing home sales for the full year 2026. However, the company remains cautious about potential economic volatility and its impact on the real estate market. Management emphasized a focus on cost management and operational efficiency to enhance margins, particularly in light of elevated mortgage interest rates. The company expects to leverage its recent acquisitions and technology investments to sustain its growth trajectory in the coming quarters.