secwatch.observer — SEC 8-K summary
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Issuer:     NMI Holdings, Inc. (NMIH)
CIK:        0001547903
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001547903-24-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547903/000154790324000101/0001547903-24-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547903/000154790324000101/nmih-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001547903-24-000101

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer