NMI Holdings Q4 net income $94.2M ($1.20 EPS); FY 2025 record results, insurance-in-force up 5%

NMI Holdings, Inc.

2025-FY EPS reported $4.92 revenue$706,440,000

Q4 net income $94.2M ($1.20 diluted EPS) vs $86.2M ($1.07) in Q4 2024; adjusted EPS $1.20.
Full-year 2025 net income $388.9M ($4.92 EPS) vs $360.1M ($4.43) in 2024; record annual results.
Primary insurance-in-force $221.4B (+5% YoY); new insurance written $14.2B (+19% YoY).
Q4 loss ratio 13.9% (vs 12.0% YoY); expense ratio 20.4% (vs 21.7% YoY); underwriting expenses flat.
Book value per share ex-unrealized gains $34.58 (+16% YoY); annualized ROE 14.8%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.