earnings
confidence high
sentiment positive
materiality 0.75
NMI Holdings posts record Q1 2025 net income $102.6M, diluted EPS $1.28
NMI Holdings, Inc.
2025-Q1 EPS reported
$1.28
revenue$173,246,000
- Net income of $102.6M ($1.28 diluted EPS) vs $89.0M ($1.08) in Q1 2024, up 15% and 18% respectively.
- Total revenue $173.2M, net premiums earned $149.4M, both up 9% YoY.
- Loss ratio improved to 3.0% from 12.0% in prior quarter; expense ratio 20.2% vs 21.7%.
- Primary insurance-in-force $211.3B (+6% YoY); book value per share (ex-unrealized) $30.85 (+17% YoY).