Overview
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- TickerITIC on Nasdaq1
- IndustryTitle Insurance1
- HeadquartersChapel Hill, North Carolina1
- Incorporated inNC2
- Business address121 N Columbia St, P O Drawer 2687, Chapel Hill, Nc 275142
- Filer categoryAccelerated filer2
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Investors Title Company (the “Company”) is a holding company that operates through its subsidiaries and was incorporated as a corporation under the laws of the state of North Carolina in 1973. The Company became operational in 1976, when it acquired Investors Title Insurance Company (“ITIC”), which had itself been operating since 1972, as a wholly owned subsidiary under a plan of exchange of shares of common stock. In 1983, the Company acquired National Investors Title Insurance Company (“NITIC”), formerly Northeast Investors Title Insurance Company, which had itself been operating since 1973, as a wholly owned subsidiary under a plan of exchange of shares of common stock. The Company’s executive offices are located at 121 North Columbia Street, Chapel Hill, North Carolina 27514 and its telephone number is (919) 968-2200. The Company maintains a website at www.invtitle.com . The contents…4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Income tax21¢$9.4M
- Profit79¢$35.2M
Out of $40.9M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending18¢$5.6M
- Dividends paid64¢$19.9M
- Kept or used elsewhere18¢$5.5M
Out of $30.9M of cash from operations.5
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $17.4M6 | $17.0M7 | $23.3M8 | $36.2M9 | $36.3M5 | $35.1M5 | $40.9M5 |
| Operating expenses | $244.6M8 | $253.3M9 | $198.5M5 | $218.8M5 | $228.2M5 | ||
| Income before tax | $84.9M8 | $30.1M9 | $26.2M5 | $39.5M5 | $44.5M5 | ||
| Income tax | $8.4M6 | $10.2M7 | $17.9M8 | $6.2M9 | $4.5M5 | $8.4M5 | $9.4M5 |
| Net income | $31.5M6 | $39.4M7 | $67.0M8 | $23.9M9 | $21.7M5 | $31.1M5 | $35.2M5 |
| Earnings per share | $16.666 | $20.847 | $35.388 | $12.609 | $11.455 | $16.485 | $18.645 |
| Earnings per share (diluted) | $16.596 | $20.807 | $35.288 | $12.599 | $11.455 | $16.435 | $18.575 |
| Shares (weighted, basic) | 1.9M shares8 | 1.9M shares9 | 1.9M shares5 | 1.9M shares5 | 1.9M shares5 | ||
| Shares (weighted, diluted) | 1.9M shares8 | 1.9M shares9 | 1.9M shares5 | 1.9M shares5 | 1.9M shares5 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $25.9M6 | $13.7M7 | $37.2M8 | $35.3M9 | $24.0M12 | $24.7M5 | $20.8M5 |
| Property, plant and equipment | $13.0M8 | $17.8M9 | $23.9M12 | $27.9M5 | $29.4M5 | ||
| Goodwill | $7.2M7 | $9.6M8 | $9.6M9 | $9.6M12 | $9.3M5 | ||
| Intangible assets | $8.6M7 | $7.8M8 | $6.4M9 | $5.3M12 | $11.5M5 | ||
| Total assets | $263.9M6 | $282.9M7 | $331.5M8 | $339.8M9 | $330.6M5 | $333.6M5 | $363.1M5 |
| Total liabilities | $72.5M6 | $82.5M7 | $102.4M8 | $98.7M9 | $79.0M12 | $81.8M5 | $94.8M5 |
| Retained earnings | $225.9M8 | $240.8M9 | $250.9M12 | $251.4M5 | $267.2M5 | ||
| Shareholders’ equity | $191.4M7 | $200.4M8 | $229.1M9 | $241.0M5 | $251.6M5 | $251.8M5 | $268.3M5 |
| Shares outstanding | 1.9M shares6 | 1.9M shares7 | 1.9M shares8 | 1.9M shares9 | 1.9M shares12 | 1.9M shares5 | 1.9M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $20.9M6 | $34.1M7 | $51.9M8 | $36.2M9 | $7.4M5 | $29.8M5 | $30.9M5 |
| Stock-based compensation | $299.0K8 | $362.0K9 | $425.0K5 | $394.0K5 | $543.0K5 | ||
| Capital spending | $1.5M6 | $3.2M7 | $6.5M8 | $5.7M9 | $9.2M5 | $7.4M5 | $5.6M5 |
| Free cash flow | $19.4M | $30.9M | $45.4M | $30.5M | -$1.8M | $22.4M | $25.4M |
| Cash from investing | $9.1M8 | -$28.7M9 | -$6.7M5 | $1.7M5 | -$14.8M5 | ||
| Dividends paid | $18.1M6 | $31.7M7 | $37.6M8 | $9.2M9 | $11.0M5 | $29.9M5 | $19.9M5 |
| Share buybacks | $19.0K6 | $6.0K7 | $08 | $133.0K9 | $959.0K5 | $1.1M5 | $05 |
| Cash from financing | -$37.6M8 | -$9.3M9 | -$12.0M5 | -$31.0M5 | -$19.9M5 | ||
| Dividend per share | $9.606 | $16.767 | $19.828 | $4.849 | $5.845 | $15.845 | $10.565 |
Corporate structure
INVESTORS TITLE CO is part of a group headed by FB Financial Corp. 25 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of INVESTORS TITLE CO
- BlackRock Filed SC 13G on INVESTORS TITLE CO, latest Nov 8, 2024 (6 filings since Feb 1, 2022)
- FB Financial Corp Nashville, Tennessee, United States
- INVESTORS TITLE CO Chapel Hill, North Carolina
- BCAC, LLC Subsidiary · Texas, United States
- Desperado Title Ventures, LLC Subsidiary · Texas, United States
- Investors Title Accommodation Corporation Subsidiary · South Carolina, United States
- Investors Title Commercial Agency, LLC Subsidiary · North Carolina, United States
- Investors Title Exchange Corporation Subsidiary · North Carolina, United States
- Investors Title Insurance Company Subsidiary · North Carolina, United States
- Investors Title Management Services, Inc. Subsidiary · North Carolina, United States
- Investors Trust Company Subsidiary · North Carolina, United States
- M&M Title Company, LLC Subsidiary · Ohio, United States
- National Investors Holdings, LLC Subsidiary · Texas, United States
- National Investors Title Insurance Company Subsidiary · Texas, United States
- RealTaxConnect, LLC Subsidiary · Texas, United States
- SearchCONNECT, LLC Subsidiary · South Carolina, United States
- United Title Agency, LLC Subsidiary · Michigan, United States
- University Title Company Subsidiary · Texas, United States
- FBK Aviation, LLC Subsidiary · Tennessee, United States
- First South Bancorp Statutory Trust I Subsidiary · Connecticut, United States
- First South Bancorp Statutory Trust II Subsidiary · Connecticut, United States
- FirstBank Subsidiary · Nashville, Tennessee, United States
- FirstBank Insurance, Inc. Subsidiary · Tennessee, United States
- FirstBank Investments of Nevada, Inc. Subsidiary · Nevada, United States
- FirstBank Investments of Tennessee, Inc. Subsidiary · Tennessee, United States
- FirstBank Preferred Capital, Inc. Subsidiary · Nevada, United States
- INVESTORS TITLE CO Chapel Hill, North Carolina
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What INVESTORS TITLE CO reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $52.9M5 Dec 31, 2025 | $48.3M5 Dec 31, 2024 | +9.6% |
| Accumulated depreciation | $23.5M5 Dec 31, 2025 | $20.3M5 Dec 31, 2024 | +15.6% |
| Property and equipment, net | $29.4M5 Dec 31, 2025 | $27.9M5 Dec 31, 2024 | +5.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $20.8M5 Dec 31, 2025 | $24.7M5 Dec 31, 2024 | −15.5% |
| Marketable securities, current | $68.8M5 Dec 31, 2025 | $59.1M5 Dec 31, 2024 | +16.3% |
| Debt securities available for sale | $118.1M5 Dec 31, 2025 | $113.0M5 Dec 31, 2024 | +4.6% |
| Equity securities at fair value | $41.5M5 Dec 31, 2025 | $39.9M5 Dec 31, 2024 | +4.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $9.3M5 Dec 31, 2025 | $9.6M12 Dec 31, 2024 | −3.1% |
| Accumulated amortization | $5.9M5 Dec 31, 2025 | $7.4M5 Dec 31, 2024 | −19.1% |
| Finite-lived intangibles, net | $11.5M5 Dec 31, 2025 | $5.3M12 Dec 31, 2024 | +117.9% |
| Customer relationships, net | $14.6M5 Dec 31, 2025 | $8.9M5 Dec 31, 2024 | +64.0% |
Properties, in its own words
The Company owns two adjacent office buildings and property located on the corner of North Columbia and West Rosemary streets in Chapel Hill, North Carolina, which serve as the Company’s corporate headquarters. The main building contains approximately 23,000 square feet and has on-site parking facilities. The Company’s subsidiaries, principally ITIC and NITIC, lease office space throughout North Carolina, South Carolina, Texas, Michigan, Florida, Georgia and Nebraska. The Company believes that each of the office facilities occupied by the Company and its subsidiaries are in good condition, adequately insured and sufficient for its present operations.
Item 2 of the 10-K filed Mar 16, 2026.4
Leadership
Who has led INVESTORS TITLE CO, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
- PresidentJames A. Fine Jr. Feb 14, 2006 to Mar 29, 201913
- Chief financial officerJames A. Fine Jr. Jun 3, 2016 to Mar 29, 201914
Board members and other officers (13)
- Executive Vice PresidentW. Morris Fine Jan 31, 2007 to Dec 20, 201315
- Board memberJoseph B. Dempster Jr. May 22, 2025 to now16
- Board memberJames E. Scott Mar 3, 2023 to now17
- Board memberElton C. Parker Jr. Feb 28, 2020 to now18
- Board memberTammy Coley Feb 28, 2020 to now19
- Board memberRichard M. Hutson Ii. May 23, 2008 to now20
- Board memberW. Morris Fine Jan 31, 2007 to Dec 20, 201315
- Board memberH. Joe King Jr. Feb 14, 2006 to May 17, 201921
- Board memberJames A. Fine Jr. Feb 14, 2006 to Mar 29, 201913
- Board memberJames R. Morton Feb 14, 2006 to May 20, 202222
- Board memberA. Scott Parker Iii. May 19, 2006 to Feb 9, 201023
- Board memberLoren Boaz Harrell Jr. May 19, 2006 to May 18, 200724
- Board memberR. Horace Johnson May 19, 2006 to May 17, 201925
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- BCAC, LLC Texas3
- Desperado Title Ventures, LLC Texas3
- Investors Title Accommodation Corporation South Carolina3
- Investors Title Commercial Agency, LLC North Carolina3
- Investors Title Exchange Corporation North Carolina3
- Investors Title Insurance Company North Carolina3
- Investors Title Management Services, Inc. North Carolina3
- Investors Trust Company North Carolina3
- M&M Title Company, LLC Ohio3
- National Investors Holdings, LLC Texas3
- National Investors Title Insurance Company Texas3
- RealTaxConnect, LLC Texas3
- SearchCONNECT, LLC South Carolina3
- United Title Agency, LLC Michigan3
- University Title Company Texas3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 6, 20268-K Results of operations26
- May 20, 20268-K Shareholder vote27
- May 7, 20268-K Results of operations28
- Feb 17, 20268-K Results of operations29
- Nov 5, 20258-K Results of operations30
- Aug 6, 20258-K Results of operations31
- May 22, 20258-K Shareholder vote32
- May 8, 20258-K Results of operations33
- Feb 13, 20258-K Results of operations34
- Nov 5, 20248-K Results of operations35
- Aug 6, 20248-K Results of operations36
- May 16, 20248-K Shareholder vote37
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/202638
When it reported results
- Aug 6, 2026Reported quarterly or annual results26
- May 7, 2026Reported quarterly or annual results28
- Feb 17, 2026Reported quarterly or annual results29
- Nov 5, 2025Reported quarterly or annual results30
- Aug 6, 2025Reported quarterly or annual results31
- May 8, 2025Reported quarterly or annual results33
- Feb 13, 2025Reported quarterly or annual results34
- Nov 5, 2024Reported quarterly or annual results35
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
119 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 28 major events, 55 insider forms, 6 large holders, 10 other. The latest 20:
- Aug 31, 20264 EDGAR
- Aug 13, 20264 EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- May 21, 20264 EDGAR
- May 21, 20264 EDGAR
- May 21, 20264 EDGAR
- May 21, 20264 EDGAR
- May 21, 20264 EDGAR
- May 21, 20264 EDGAR
- May 20, 20268-K EDGAR
- May 13, 20264 EDGAR
- May 11, 202610-Q EDGAR
- May 7, 20268-K EDGAR
- Apr 13, 2026ARS EDGAR
- Apr 13, 2026DEF 14A EDGAR
- Mar 19, 20264 EDGAR
- Mar 19, 20264 EDGAR
- Mar 16, 202610-K EDGAR
- Feb 24, 20264 EDGAR
The 119 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 13, 2026 | Parker, Jr. Elton C.Director | Buy | 538 | $231.00 | $124.3K | Form 4 |
| Feb 20, 2026 | Scott James EDirector | Buy | 500 | $220.71 | $110.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | J. Allen FineChief Executive Officer and Chairman of the Board | 91 | $593.5K | $952.8K40 |
| 2025 | W. Morris FineExecutive Vice President & Secretary | 59 | $508.9K | $912.9K40 |
| 2025 | James A. Fine, Jr.President, Chief Financial Officer and Treasurer | 63 | $508.9K | $911.7K40 |
| 2024 | J. Allen FineChief Executive Officer and Chairman of the Board | 91 | $576.2K | $928.7K40 |
| 2024 | W. Morris FineExecutive Vice President & Secretary | 59 | $494.1K | $843.4K40 |
| 2024 | James A. Fine, Jr.President, Chief Financial Officer and Treasurer | 63 | $494.1K | $839.0K40 |
| 2023 | J. Allen FineChief Executive Officer and Chairman of the Board | 91 | $558.5K | $731.2K40 |
| 2023 | W. Morris FineExecutive Vice President & Secretary | 59 | $479.0K | $657.5K40 |
| 2023 | James A. Fine, Jr.President, Chief Financial Officer and Treasurer | 63 | $479.0K | $651.7K40 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How INVESTORS TITLE CO is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARINVESTORS TITLE CO1
- CIK0000720858
- Employer ID (EIN)56-11101994
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inNorth Carolina4
- Fiscal year endsDecember 311
- Industry code (SIC)6361 Title Insurance1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address121 N Columbia St, P O Drawer 2687, Chapel Hill, NC 275141
- Mailing address121 North Columbia Street, Chapel Hill, NC 275141
- Phone91996822001
- Shares outstanding1,887,996 as of Jul 28, 202611
- Public float$297.7M as of Jun 30, 20254
- AuditorForvis Mazars, LLP, Charlotte, North Carolina PCAOB ID 686; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceMay 15, 19951
- Filings712 in all: 4 (272), 8-K (130), 10-Q (95), SC 13G/A (72), DEF 14A (31), 10-K (25), 5 (17), SC 13G (17)1
All 23 form types
3 (10), UPLOAD (8), CORRESP (7), 10-K405 (6), ARS (5), 8-A12G/A (4), S-8 (4), 4/A (2), 10-12B/A (1), 10-K/A (1), 10-K405/A (1), 8-A12G (1), PRE 14A (1), PRER14A (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 16, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Apr 13, 2026
Latest 8-K (8-K) Aug 6, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, no par value | ITIC | The Nasdaq Stock Market LLC |
| Rights to Purchase Series A Junior Participating Preferred Stock | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 16, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks INVESTORS TITLE CO names in Item 1A of its 10-K filed Mar 16, 2026: 23 risks under these headings, as written.4
- RISKS RELATED TO THE COMPANY’S BUSINESS
- Adverse changes in economic conditions, especially those related to real estate activity, may negatively impact the Company’s results of operations and financial condition.
- The Company may experience material losses resulting from fraud, defalcation or misconduct.
- The Company relies upon the North Carolina, Texas, Georgia, South Carolina, and Florida markets for a significant portion of its premiums. Changes in the economic or regulatory environments in these states could have an adverse impact on the Company.
- Adverse deviation of actual claims experience from expected claims experience will result in lower net earnings.
- Competition affects the Company’s results of operations.
- The Company may encounter difficulties managing growth, which could adversely affect its operating results.
- The Company depends on its ability to attract and retain key personnel and agents, and its inability to do so could adversely affect its business.
- Mortgage lending is highly concentrated and changes in relationships with lenders or reform of government-sponsored entities could adversely affect the Company.
- Unfavorable economic or other conditions could cause the Company to record impairment charges for all or a portion of its goodwill and other intangible assets.
- RISKS RELATED TO REGULATORY AND COMPLIANCE MATTERS
- The Company’s insurance subsidiaries are subject to complex government regulations. Changes in regulations may have an adverse effect on the Company’s results of operations.
The other 13 risks
- A downgrade from a rating agency could result in a loss of underwriting business.
- Title insurance rate regulation could have an adverse impact on the Company’s results of operations.
- Regulatory investigations of the title insurance industry by governmental entities could adversely impact the Company’s results of operations.
- The Company relies on distributions from its subsidiaries.
- RISKS RELATED TO INVESTMENTS AND DEPOSITS
- Deterioration in financial markets may cause a decline in the performance of the Company’s investments and could have a material adverse impact on net income.
- Financial institution failures could adversely affect the Company.
- RISKS RELATED TO CYBERSECURITY, TECHNOLOGY AND RISK MANAGEMENT
- Breaches and failures of, and other disruptions to, information technology systems of the Company or its service providers may disrupt the Company’s operations, result in monetary losses and harm the Company’s reputation.
- Errors and fraud involving the transfer of funds may adversely affect the Company.
- Failure to timely adopt, effectively implement or appropriately govern new technologies could adversely affect the Company’s financial and operating results.
- Policies and procedures for the mitigation of risk may not be sufficient.
- Our business could be adversely affected by climate change, severe weather conditions, potential pandemics, health crises, or the occurrence of another catastrophic event.
- RISKS RELATED TO OWNING THE COMPANY’S COMMON STOCK
- Certain provisions in the Company’s organizational law, North Carolina law, organizational documents, and the Company’s shareholder rights plan may deter or discourage a takeover of the Company.
- The Company’s Bylaws provide that, unless the Company consents in writing to the selection of an alternative forum, the state courts of North Carolina will be the sole and exclusive forum for substantially all disputes between the Company’s and its shareholders.
Legal proceedings
The Company and its subsidiaries are involved in legal proceedings that are incidental to their business. In the Company’s opinion, based on the present status of these proceedings, any potential liability of the Company or its subsidiaries with respect to these legal proceedings, will not, in the aggregate, be material to the Company’s consolidated financial condition or operations. Additional information about the Company’s legal proceedings is included in Note 11 of the Notes to the Consolidated Financial Statements.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGARJames A. Fine Jr., President
- 14
- 15
- 16SEC EDGARJoseph B. Dempster Jr., Board member
- 17SEC EDGARJames E. Scott, Board member
- 18SEC EDGARElton C. Parker Jr., Board member
- 19SEC EDGARTammy Coley, Board member
- 20SEC EDGARRichard M. Hutson Ii., Board member
- 21SEC EDGARH. Joe King Jr., Board member
- 22SEC EDGARJames R. Morton, Board member
- 23SEC EDGARA. Scott Parker Iii., Board member
- 24SEC EDGARLoren Boaz Harrell Jr., Board member
- 25SEC EDGARR. Horace Johnson, Board member
- 26SEC EDGARResults of operations
- 27SEC EDGARShareholder vote
- 28SEC EDGARResults of operations
- 29SEC EDGARResults of operations
- 30SEC EDGARResults of operations
- 31SEC EDGARResults of operations
- 32SEC EDGARShareholder vote
- 33SEC EDGARResults of operations
- 34SEC EDGARResults of operations
- 35SEC EDGARResults of operations
- 36SEC EDGARResults of operations
- 37SEC EDGARShareholder vote
- 38NasdaqNasdaq calendar
- 39
- 40