---
schema_version: "secwatch.filing_event.v1"
accession: "0001547903-23-000111"
form_type: "8-K"
ticker: "NMIH"
cik: "0001547903"
company_name: "NMI Holdings, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:06:32.635340+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001547903-23-000111
- form_type: 8-K
- ticker: NMIH
- cik: 0001547903
- company_name: NMI Holdings, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547903/000154790323000111/0001547903-23-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547903/000154790323000111/nmih-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001547903-23-000111
- JSON: https://secwatch.observer/filing/0001547903-23-000111.json
- Plain text: https://secwatch.observer/filing/0001547903-23-000111.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790323000111/0001547903-23-000111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.