---
schema_version: "secwatch.filing_event.v1"
accession: "0001547903-24-000101"
form_type: "8-K"
ticker: "NMIH"
cik: "0001547903"
company_name: "NMI Holdings, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:22:24.130634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NMIH Q1 net income $89M ($1.08 EPS), record results; insurance-in-force up 7% YoY

## Summary
- Diluted EPS $1.08, up 24% YoY; adjusted EPS also $1.08.
- Total revenue $156.3M, up 14% YoY; net premiums earned $136.7M (+12%).
- Primary insurance-in-force $199.4B, up 1% QoQ and 7% YoY.
- Loss ratio improved to 2.7% from 5.5% a year ago; expense ratio 21.8%.
- Annualized ROE 18.2%; book value per share (ex-U/L) $26.42, up 17% YoY.

## SEC filing metadata
- accession: 0001547903-24-000101
- form_type: 8-K
- ticker: NMIH
- cik: 0001547903
- company_name: NMI Holdings, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000101/0001547903-24-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000101/nmih-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001547903-24-000101
- JSON: https://secwatch.observer/filing/0001547903-24-000101.json
- Plain text: https://secwatch.observer/filing/0001547903-24-000101.txt

## Key facts
- Earnings Releases
  NMI Holdings, Inc. reported three months ended March 31, 2024 results: net income net income of $89.0 million, EPS Diluted earnings per share was $1.08.
  - Period: three months ended March 31, 2024
  - Net income: net income of $89.0 million
  - EPS: Diluted earnings per share was $1.08
  - Result: reported results
  source text: NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $89.0 million, up 7% compared to $83.4 million in the fourth quarter ended December 31, 2023 and up 20% compared to $74.5 million in the first quarter ended March 31, 2023. Diluted earnings per share was $1.08, up 8% compared to $1.01 in the fourth quarter ended December 31, 2023 and up 24% compared to $0.88 in the first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1547903/000154790324000101/0001547903-24-000101-index.htm

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