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NMI Holdings (NMIH)

Earnings summaries and quarterly performance for NMI Holdings.

Recent press releases and 8-K filings for NMIH.

NMIH Reports Strong Q3 2025 Financial Results with Record Revenue and Insurance in Force
NMIH
Earnings
Share Buyback
Revenue Acceleration/Inflection
  • NMIH reported strong Q3 2025 financial results, including record total revenue of $178.7 million, GAAP net income of $96 million, and $1.22 diluted EPS.
  • The company generated $13 billion in new insurance written (NIW) volume, contributing to a record $218.4 billion of primary insurance in force.
  • NMIH achieved a record low expense ratio of 19.3% and repurchased $24.6 million of common stock during the quarter, with $256 million of repurchase capacity remaining under its existing program.
  • Management highlighted the resilience of the macro environment and housing market, while noting a robust reinsurance market and stable credit performance with a default rate of 1.05%.
Nov 4, 2025, 10:00 PM
NMI Holdings, Inc. Reports Third Quarter 2025 Financial Results
NMIH
Earnings
  • NMI Holdings, Inc. reported net income of $96.0 million and diluted earnings per share of $1.22 for the third quarter ended September 30, 2025.
  • Total revenue for Q3 2025 was $178.7 million, an increase from $173.8 million in the second quarter of 2025 and $166.1 million in the third quarter of 2024.
  • The company's primary insurance-in-force reached $218.4 billion at the end of Q3 2025, up from $214.7 billion at the end of Q2 2025 and $207.5 billion at the end of Q3 2024.
  • The loss ratio for Q3 2025 was 12.3%, compared to 9.0% in Q2 2025 and 7.2% in Q3 2024.
  • Book value per share, excluding the impact of net unrealized gains and losses, was $33.32 at quarter-end, marking a 4% increase from $32.08 in Q2 2025 and a 16% increase from $28.71 in Q3 2024.
Nov 4, 2025, 9:07 PM

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