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Monday, 02/22/2021 12:47:29 AM

Monday, February 22, 2021 12:47:29 AM

Post# of 1370
MGIC NET CASH FROM OPERATIOS COULD EXCEED $700 MILLION FOR 2020

NET CASH FROM OPS WAS $508 MILLION AS OF SEPTEMBER 30, 2020, HOWEVER, REGULAR NET OPER. ACTIVITY PLUS REDUCED BUILD IN LOAN LOSS RESERVE COULD PROVIDE THE NECESSARY BOOST.

Holding Company cash was $871 million versus annual interest payments of $66 million.

Source: SEC 10Q SEP 2020 PAGE 12

MGIC REPORTS YE RESULTS TOMMOROW
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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