STEWART INFORMATION SERVICES CORPORATION (NYSE:STC) Files An 8-K Results of Operations and Financial Condition
A press release issued by Stewart Information Services Corporation on February 14, 2019, regarding financial results for the twelve months ended December 31, 2018, is attached hereto as Exhibit 99.1, and is incorporated herein by reference. This information is not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference in any filing under the Securities Act of 1933, as amended.
|ITEM 9.01.||FINANCIAL STATEMENTS AND EXHIBITS.|
STEWART INFORMATION SERVICES CORP Exhibit
EX-99.1 2 tv513621_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Stewart Reports Fourth Quarter 2018 Results – Consolidated pretax income of $19.7 million compared to $17.5 million in the prior year quarter – Title segment pretax income of $29.5 million compared to $27.0 million in the prior year quarter – Title segment pretax margin improved 120 basis points over the prior year quarter – Commercial and domestic residential fee per file increased 3 percent and 11 percent,…
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About STEWART INFORMATION SERVICES CORPORATION (NYSE:STC)
Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through three segments: title insurance and related services, mortgage services and corporate. Title insurance and related services (title) segment includes the functions of searching, examining, closing and insuring the condition of the title to real property. The Company’s mortgage services segment includes a diverse set of products and services provided to enhance the mortgage and real estate markets. Its services ranges from residential and commercial title insurance, and closing and settlement services to specialized offerings for the mortgage industry. The Company provides its services to homebuyers and sellers, residential and commercial real estate professionals, and mortgage lenders and servicers, among others.