secwatch.observer — SEC 8-K summary
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Issuer:     NMI Holdings, Inc. (NMIH)
CIK:        0001547903
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001547903-25-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NMIH Q3 net income $96M ($1.22 EPS); revenue $178.7M; insurance-in-force up 5% YoY
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- Net income $96.0M ($1.22 diluted EPS) vs $92.8M ($1.15) YoY; adjusted EPS $1.21.
- Total revenue $178.7M, up 8% YoY; net premiums earned $151.3M, up 6% YoY.
- Primary insurance-in-force $218.4B, up 2% QoQ and 5% YoY; NIW $13.0B.
- Claims expenses $18.6M, loss ratio 12.3% (vs 7.2% YoY); expense ratio improved to 19.3%.
- Book value per share ex. unrealized gains $33.32, up 4% QoQ and 16% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1547903/000154790325000101/0001547903-25-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1547903/000154790325000101/nmih-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001547903-25-000101

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