NMIH Q2 net income $80.3M ($0.95 EPS); announces $200M share buyback

NMI Holdings, Inc.

2023-Q2 EPS reported $1.83 revenue$279,464,000

Net income $80.3M ($0.95 EPS); net premiums earned $126.0M, up 4% YoY.
Primary insurance-in-force $191.3B, up 13% YoY from $168.6B.
Book value per share ex-unrealized gains $23.53, up 18% YoY; ROE 18.6%.
Board authorized additional $200M share repurchase program through Dec 31, 2025.
Loss ratio 2.3% vs 5.5% prior quarter; expense ratio improved to 21.8% from 25.4% YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NMI Holdings, Inc. reported the second quarter ended June 30, 2023 results: revenue $142.7 million, net income $80.3 million, EPS $0.95 per diluted share.

Period: the second quarter ended June 30, 2023
Revenue: $142.7 million
Net income: $80.3 million
EPS: $0.95 per diluted share
Result: reported results

Exact text from the filing

quarter of 2022 • Net premiums earned were $126.0 million, compared to $121.8 million in the first quarter and $120.9 million in the second quarter of 2022 • Total revenue was $142.7 million, compared to $136.8 million in the first quarter and $132.2 million in the second quarter of 2022 • Underwriting and operating expenses were $27.4 million, compared to $25.8

View on SEC.gov

Browse all earnings releases →

NMI Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001547903-23-000111

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.