earnings
confidence high
sentiment positive
materiality 0.75
NMIH Q2 EPS $0.86 up 32% YoY; announces new quota share reinsurance deal
NMI Holdings, Inc.
2022-Q2 EPS reported
$1.63
revenue$259,661,000
- Net income of $75.4M ($0.86 diluted EPS) vs. $67.7M ($0.77) in Q1 2022 and $57.5M ($0.65) in Q2 2021.
- Adjusted net income of $74.3M ($0.86 diluted) vs. $67.5M ($0.77) in Q1 2022 and $58.1M ($0.67) in Q2 2021.
- New quota share reinsurance agreement announced; financial terms not disclosed in the release.