Stewart Information Services Corp 8-K, filed Oct 21, 2026

Stewart Information Services Corp (STC)

8-K 2026-10-21 For: 2026-10-21

Added on October 22, 2026

About this 8-K

Stewart Information Services Corp filed this 8-K on October 21, 2026.

Stewart Information Services Corporation reported third-quarter 2026 total revenues of $900.7 million, up from $796.9 million, while net income fell to $30.3 million from $44.3 million and diluted EPS declined to $0.98 from $1.55. AI summary

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Delaware		001-02658		74-1677330
(STATE OR OTHER JURISDICTION)		(COMMISSION FILE NO.)		(I.R.S. EMPLOYER IDENTIFICATION NO.)

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $1 par value	STC	New York Stock Exchange (NYSE)

Exhibit No.	Description

99.1	Press release of Stewart Information Services Corporation dated October 21, 2026, reporting financial results for the three months ended September 30, 2026.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

	STEWART INFORMATION SERVICES CORPORATION (Registrant)

	By:	/s/ David C. Hisey
	David C. Hisey, Chief Financial Officer and Treasurer

	·	Total revenues of $900.7 million (GAAP and adjusted basis) compared to $796.9 million ($791.3 million on an adjusted basis) in the prior year quarter
	·	Net income of $30.3 million ($41.2 million on an adjusted basis) compared to net income of $44.3 million ($46.7 million on an adjusted basis) in the prior year quarter
	·	Diluted EPS of $0.98 ($1.33 on an adjusted basis) compared to prior year quarter diluted EPS of $1.55 ($1.64 on an adjusted basis)

	Quarter Ended September 30,						Nine Months Ended September 30,
	2026			2025			2026			2025
Total revenues		900.7			796.9			2,581.2			2,131.1
Pretax income before noncontrolling interests		45.6			61.2			124.3			113.8
Income tax expense		(11.6	)		(13.0	)		(29.5	)		(24.6	)
Net income attributable to noncontrolling interests		(3.6	)		(3.9	)		(10.2	)		(10.0	)
Net income attributable to Stewart		30.3			44.3			84.5			79.3
Non-GAAP adjustments, after taxes*		10.9			2.4			23.7			12.4
Adjusted net income attributable to Stewart*		41.2			46.7			108.2			91.6
Pretax margin		5.1	%		7.7	%		4.8	%		5.3	%
Adjusted pretax margin*		6.7	%		8.1	%		6.1	%		6.2	%
Net income per diluted Stewart share		0.98			1.55			2.74			2.79
Adjusted net income per diluted Stewart share*		1.33			1.64			3.50			3.23

Third Quarter Domestic Order Counts:

Opened Orders 2026:	July		August		Sept		Total		Closed Orders 2026:	July		August		Sept		Total
Commercial		1,830		1,583		2,135		5,548	Commercial		1,788		1,586		1,928		5,302
Purchase		16,976		16,295		15,307		48,578	Purchase		12,324		11,112		10,893		34,329
Refinancing		6,347		5,995		5,879		18,221	Refinancing		3,913		3,702		3,824		11,439
Other		3,764		3,534		6,362		13,660	Other		1,985		4,603		4,106		10,694
Total		28,917		27,407		29,683		86,007	Total		20,010		21,003		20,751		61,764

Opened Orders 2025:	July		August		Sept		Total		Closed Orders 2025:	July		August		Sept		Total
Commercial		1,391		1,565		1,564		4,520	Commercial		1,443		1,514		1,521		4,478
Purchase		18,255		16,378		16,028		50,661	Purchase		12,601		12,016		11,592		36,209
Refinancing		6,620		6,961		8,818		22,399	Refinancing		4,113		4,096		4,569		12,778
Other		2,971		4,277		2,575		9,823	Other		2,060		1,834		1,953		5,847
Total		29,237		29,181		28,985		87,403	Total		20,217		19,460		19,635		59,312

	September 30, 2026			December 31, 2025
Assets:
Cash and cash equivalents		152,313			321,775
Short-term investments		53,661			47,899
Investments in debt and equity securities, at fair value		596,168			606,170
Receivables – premiums from agencies		38,731			38,286
Receivables – other		202,639			159,583
Allowance for uncollectible amounts		(8,889	)		(7,805	)
Property and equipment, net		104,711			85,330
Operating lease assets, net		117,608			106,034
Title plants		84,108			81,670
Goodwill		1,418,014			1,271,958
Intangible assets, net of amortization		291,377			325,135
Deferred tax assets		8,139			7,656
Other assets		238,261			209,114
		3,296,841			3,252,805
Liabilities:
Notes payable		654,911			646,606
Accounts payable and accrued liabilities		236,784			255,852
Operating lease liabilities		133,420			122,153
Estimated title losses		521,498			524,473
Deferred tax liabilities		66,951			53,323
		1,613,564			1,602,407
Stockholders’ equity:
Common Stock and additional paid-in capital		535,941			520,243
Retained earnings		1,180,234			1,145,415
Accumulated other comprehensive loss		(39,892	)		(21,908	)
Treasury stock		(2,666	)		(2,666	)
Stockholders’ equity attributable to Stewart		1,673,617			1,641,084
Noncontrolling interests		9,660			9,314
Total stockholders’ equity		1,683,277			1,650,398
		3,296,841			3,252,805

Number of shares outstanding (000)		30,526			30,223
Book value per share		54.82			54.30

Quarter Ended:	September 30, 2026									September 30, 2025
	Title		Real Estate Solutions		Corporate			Total		Title		Real Estate Solutions		Corporate			Total
Revenues:
Operating revenues		690,509		196,446		-			886,955		659,876		116,607		-			776,483
Investment income		13,664		36		-			13,700		14,787		32		-			14,819
Net realized and unrealized gains		24		-		-			24		4,236		-		1,378			5,614
		704,197		196,482		-			900,679		678,899		116,639		1,378			796,916
Expenses:
Amounts retained by agencies		319,050		-		-			319,050		299,523		-		-			299,523
Employee costs		203,066		25,109		2,746			230,921		191,598		16,094		3,529			211,221
Other operating expenses		102,516		150,202		2,011			254,729		97,482		86,479		1,204			185,165
Title losses and related claims		23,514		-		-			23,514		19,546		-		-			19,546
Depreciation and amortization		8,145		10,855		290			19,290		8,356		6,777		258			15,391
Interest		455		3		7,160			7,618		419		-		4,479			4,898
		656,746		186,169		12,207			855,122		616,924		109,350		9,470			735,744
Income (loss) before taxes		47,451		10,313		(12,207	)		45,557		61,975		7,289		(8,092	)		61,172

Nine Months Ended:	September 30, 2026									September 30, 2025
	Title		Real Estate Solutions		Corporate			Total		Title		Real Estate Solutions		Corporate			Total
Revenues:
Operating revenues		1,977,318		555,164		-			2,532,482		1,751,620		326,334		-			2,077,954
Investment income		42,280		110		-			42,390		43,643		90		-			43,733
Net realized and unrealized gains (losses)		6,552		-		(200	)		6,352		8,059		-		1,335			9,394
		2,026,150		555,274		(200	)		2,581,224		1,803,322		326,424		1,335			2,131,081
Expenses:
Amounts retained by agencies		910,082		-		-			910,082		773,012		-		-			773,012
Employee costs		610,760		72,852		9,468			693,080		549,634		45,266		10,340			605,240
Other operating expenses		294,102		414,405		4,790			713,297		272,241		243,494		3,870			519,605
Title losses and related claims		64,022		-		-			64,022		58,701		-		-			58,701
Depreciation and amortization		24,828		28,160		790			53,778		25,413		19,574		876			45,863
Interest		1,367		11		21,307			22,685		1,265		2		13,545			14,812
		1,905,161		515,428		36,355			2,456,944		1,680,266		308,336		28,631			2,017,233
Income (loss) before taxes		120,989		39,846		(36,555	)		124,280		123,056		18,088		(27,296	)		113,848

	Quarter Ended September 30,
	2026		2025		% Change
Non-commercial:
Domestic		179.8		176.8		2	%
International		32.3		32.5		(1	)%
		212.2		209.3		1	%
Commercial:
Domestic		86.4		79.1		9	%
International		7.3		11.3		(35	)%
		93.7		90.4		4	%
Total direct title revenues		305.8		299.7		2	%

	Quarter Ended September 30,									Nine Months Ended September 30,
	2026			2025			% Chg			2026			2025			% Chg
Title Segment:

Revenues		704.2			678.9			4	%		2,026.2			1,803.3			12	%
Net realized and unrealized gains		-			(4.2	)					(6.6	)		(8.1	)
Adjusted revenues		704.2			674.7			4	%		2,019.6			1,795.3			12	%
Pretax income		47.5			62.0			(23	)%		121.0			123.1			(2	)%
Non-GAAP pretax adjustments:
Net realized and unrealized gains		-			(4.2	)					(6.6	)		(8.1	)
Intangible asset amortization		2.1			2.8						7.5			8.4
Acquisition expenses		1.5			-						1.5			-
Severance and office closure expenses		0.9			0.3						1.5			0.9
Adjusted pretax income		51.9			60.8			(15	)%		125.0			124.2			1	%
GAAP pretax margin		6.7	%		9.1	%					6.0	%		6.8	%
Adjusted pretax margin		7.4	%		9.0	%					6.2	%		6.9	%

Real Estate Solutions Segment:

Revenues		196.5			116.6			68	%		555.3			326.4			70	%
Pretax income		10.3			7.3			41	%		39.8			18.1			120	%
Non-GAAP pretax adjustment:
Intangible asset amortization		9.3			5.8						23.2			16.8
MCS integration expenses		0.9			-						4.6			-
Severance expenses		-			0.1						0.1			0.1
Adjusted pretax income		20.6			13.2			56	%		67.7			35.0			93	%
GAAP pretax margin		5.2	%		6.2	%					7.2	%		5.5	%
Adjusted pretax margin		10.5	%		11.3	%					12.2	%		10.7	%