Stewart® Honored by Forbes® as One of America’s 50 Most Trustworthy Financial Companies
HOUSTON (April 4, 2014) – Stewart Information Services Corp. (NYSE-STC) has been recognized by Forbes as one of the 50 Most Trustworthy Financial Companies in America. The rankings, determined by proprietary ratings provider and investment advisor GMI Ratings, recognize 50 financial and banking companies of more than 8,000 publicly-traded, North American companies analyzed.
"Operating with transparency and accountability has been integral to Stewart's growth over the past 120 years, which makes this recognition particularly meaningful for us," said Matt Morris, CEO of Stewart. "Stewart has been focused not only on reducing our risk profile, but also on aligning our product offerings with our customers' needs in order to deliver high-quality, trusted services. It's truly an honor to serve our customers and to be distinguished among the 50 most trustworthy financial companies in America."
Factors that weigh into the evaluation of trustworthiness include high-risk events, revenue and expense recognition methods, SEC actions and bankruptcy risk. The resulting “Aggressive Accounting and Governance Risk” (AGR) score of each company is averaged over the past four quarters. Those with the top 50 scores are noted as the most trustworthy.
Stewart was honored within the small cap category, which include companies with a market cap of $250 million to $1 billion.
For more information, visit http://www.forbes.com/sites/kathryndill/2014/04/01/americas-50-most-trustworthy-financial-companies/.
Stewart Information Services Corp. (NYSE-STC) is a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; due diligence for capital markets; collateral valuation services; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Offering personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, Stewart is the preferred real estate services provider. More information can be found at http://www.stewart.com/news, subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter @stewarttitleco.