Significant Revenue and EPS Growth
Stewart Information Services achieved a 20% increase in revenue and a 48% increase in adjusted EPS compared to the second quarter of 2024.
Commercial Business Expansion
The domestic commercial business grew by 46% relative to the second quarter of the previous year, with a year-to-date growth of 43% compared to the first half of 2024.
Agency Services Performance
The agency services business grew by 25% compared to the second quarter of 2024, indicating continued share gains in agency residential and commercial markets.
Real Estate Solutions Segment Growth
The real estate solutions business grew by 22% compared to the second quarter of last year, primarily due to higher revenues from the credit information evaluation services business.
Strategic Acquisition
PropStream acquired BatchLeads and BatchDialer, enhancing the real estate solutions segment with advanced AI-driven tools and contact dialer capabilities.