Investors Title’s (ITIC) Profit Surge Isn’t As Clean As It Looks
Investors Title Company (ITIC) reported Q2 net income of $14.6M ($7.73 per diluted share), up from $12.3M ($6.48) a year prior. Revenue rose 17.5% to $86.5M. Growth in net premiums and fees was driven by higher real estate activity and market expansion. However, $4.8M of revenue came from investment gains, not core business. Adjusted pretax income increased to $14.7M from $13.7M, with operating expenses rising 15.9% to $67.1M. Chairman J. Allen Fine noted strong performance but described market






