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Radian Group Inc  (RDN)
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RDN's Net Income Growth by Quarter and Year

Radian Group Inc's Net Income results by quarter and year




RDN Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 142.69 20.07 193.45 148.01
III Quarter September 156.58 198.28 126.41 135.10
II Quarter June 146.09 201.19 155.21 -29.95
I Quarter March 157.76 181.13 125.61 140.46
FY   603.12 600.67 600.68 393.62



RDN Net Income fourth quarter 2023 Y/Y Growth Comment
Radian Group Inc achieved in the fourth quarter 2023, above Company average Net Income surge of 610.98% year on year, to $ 142.69 millions.

According to the results reported in the fourth quarter 2023, Radian Group Inc achieved the best Net Income growth in Property & Casualty Insurance industry. While Radian Group Inc' s Net Income doubling of 610.98% ranks overall at the positon no. 34 in the fourth quarter 2023.




RDN Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 610.98 % -89.63 % 30.7 % -8.17 %
III Quarter September -21.03 % 56.85 % -6.43 % -22.11 %
II Quarter June -27.39 % 29.62 % - -
I Quarter March -12.9 % 44.2 % -10.57 % -17.84 %
FY   0.41 % -0 % 52.6 % -41.45 %

Financial Statements
Radian Group Inc's fourth quarter 2023 Net Income $ 142.69 millions RDN's Income Statement
Radian Group Inc's fourth quarter 2022 Net Income $ 20.07 millions Quarterly RDN's Income Statement
New: More RDN's historic Net Income Growth >>


RDN Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -8.87 % -89.88 % 53.03 % 9.56 %
III Quarter September 7.18 % -1.45 % -18.56 % -
II Quarter June -7.4 % 11.07 % 23.57 % -
I Quarter March 686.05 % -6.37 % -15.13 % -12.86 %
FY (Year on Year)   0.41 % -0 % 52.6 % -41.45 %




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #1
Financial Sector #8
Overall #34

Net Income Y/Y Growth Statistics
High Average Low
1950.75 % 106.97 % -89.63 %
(Dec 31 2018)   (Dec 31 2022)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #1
Financial Sector #8
Overall #34
Net Income Y/Y Growth Statistics
High Average Low
1950.75 % 106.97 % -89.63 %
(Dec 31 2018)   (Dec 31 2022)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Radian Group Inc's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
1579.67 % 76.07 % -89.88 %
(Mar 31 2018)  


RDN's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Radian Group Inc disclosed drop in Net Income from the previous quarter by -8.87% to $ 142.69 millions, from $ 156.58 millions released in the previous quarter.

It's not big problem, as Radian Group Inc's Net Income frequently tend to plunge in the IV. Quarter.

Within Property & Casualty Insurance industry 19 other companies have achieved higher Net Income quarter on quarter growth. While Radian Group Inc's Net Income growth quarter on quarter, overall rank is 515.


Net Income Q/Q Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #20
Financial Sector #106
Overall #515
Net Income Q/Q Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry #20
Financial Sector #106
Overall #515
Net Income Q/Q Growth Statistics
High Average Low
1579.67 % 76.07 % -89.88 %
(Mar 31 2018)  


RDN's IV. Quarter Q/Q Net Income Comment
In the IV. Quarter 2023 Radian Group Inc disclosed drop in Net Income from the third quarter by -8.87% to $ 142.69 millions, from $ 156.58 millions declared in the previous quarter.

This is not important problem, as IV. Quarter Net Income always gravitate to plunge in the IV. Quarter Chloe  Smith, an industry contributor allocated in Chicago noted.

Within Property & Casualty Insurance industry 19 other companies have achieved higher Net Income quarter on quarter growth. While Radian Group Inc's Net Income growth quarter on quarter, overall rank is 515.


Radian Group Inc's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Net Income 12 Months Ending $ 603.12 $ 480.49 $ 522.19 $ 577.30 $ 600.67
Y / Y Net Income Growth (TTM) 0.41 % -37.92 % -25.63 % -12.02 % 0 %
Year on Year Net Income Growth Overall Ranking # 488 # 311 # 372 # 192 # 485
Seqeuential Net Income Change (TTM) 25.52 % -7.99 % -9.55 % -3.89 % -22.4 %
Seq. Net Income Growth (TTM) Overall Ranking # 666 # 574 # 542 # 525 # 1034




Cumulative Net Income growth Comment
Although Radian Group Inc's Annual Net Income growth year on year were below company's average 31.81% , Net Income announced in the Dec 31 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 0.41% year on year, from -37.92% in Sep 30 2023.

In the Financial sector 87 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 311 to 488.

Net Income TTM Q/Q Growth Statistics
High Average Low
400.47 %
31.81 %
-70.1 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry # 16
Financial Sector # 88
Overall # 488

Net Income TTM Y/Y Growth Statistics
High Average Low
400.47 %
31.81 %
-70.1 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 137
S&P 500 # 666
Cumulative Net Income growth Comment
Although Radian Group Inc's Annual Net Income growth year on year were below company's average 31.81% , Net Income announced in the Dec 31 2023 period, show improvement in Net Income trend, to cumulative trailing twelve month growth of 0.41% year on year, from -37.92% in Sep 30 2023.

In the Financial sector 87 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 311 to 488.

Net Income TTM Q/Q Growth Statistics
High Average Low
400.47 %
31.81 %
-70.1 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Property & Casualty Insurance Industry # 16
Financial Sector # 88
Overall # 488

Net Income TTM Y/Y Growth Statistics
High Average Low
400.47 %
31.81 %
-70.1 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 137
S&P 500 # 666




Other Net Income Growth
Property & Casualty Insurance Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
RDN's Net Income Growth Ratio versus Property & Casualty Insurance Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for RDN's Competitors
Net Income Growth for Radian Group Inc's Suppliers
Net Income Growth for RDN's Customers

You may also want to know
RDN's Annual Growth Rates RDN's Profitability Ratios RDN's Asset Turnover Ratio RDN's Dividend Growth
RDN's Roe RDN's Valuation Ratios RDN's Financial Strength Ratios RDN's Dividend Payout Ratio
RDN's Roa RDN's Inventory Turnover Ratio RDN's Growth Rates RDN's Dividend Comparisons



Companies with similar Net Income drop for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Net Income for the quarter ending Dec 31 2023
Amplify Commodity Trust1,061.95%$ 1,061.947 millions
Caretrust Reit Inc 942.17%$ 942.172 millions
Live Oak Bancshares Inc 801.95%$ 801.953 millions
Eastern Bankshares Inc 653.07%$ 653.069 millions
Radian Group Inc611.08%$ 611.083 millions
Healthpeak Properties inc 597.97%$ 597.973 millions
White Mountains Insurance Group ltd 489.76%$ 489.756 millions
Camden Property Trust372.24%$ 372.236 millions
Assured Guaranty Ltd 362.20%$ 362.195 millions




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