earnings
confidence high
sentiment positive
materiality 0.70
NMI Holdings Q1 net income $74.5M ($0.88 diluted), revenue $136.8M
NMI Holdings, Inc.
2023-Q1 EPS reported
$0.88
revenue$136,779,000
- Net income of $74.5M ($0.88 diluted) up 10% from $67.7M ($0.77) in Q1 2022.
- Total revenue $136.8M vs $127.4M YoY; net premiums earned $121.8M up 5%.
- Primary insurance-in-force $186.7B, up 18% from $158.9B a year ago.
- Book value per share ex unrealized gains/losses $22.56, up 19% YoY.
- Underwriting & operating expenses $25.8M, down 22% from $32.9M YoY.