Aurora Swithenbank
On March 4, 2024, NMI Holdings, Inc. (the “Company”) announced that Aurora Swithenbank has been appointed Executive Vice President and Chief Financial Officer, effective May 1, 2024.
Highest-materiality recent filing
NMI Holdings reports record Q2 net income of $105.8M, diluted EPS $1.38, up 14% YoY
Net income $105.8M ($1.38 diluted EPS) vs $96.2M ($1.21) in Q2 2025, up 10% and 14% respectively.
NMI Holdings Q1 net income $99.3M, EPS $1.28 flat YoY; revenue up 6% to $183.5M
Net income $99.3M, diluted EPS $1.28 flat YoY; adjusted net income $99.4M, adjusted EPS $1.28.
NMI Holdings Q4 net income $94.2M ($1.20 EPS); FY 2025 record results, insurance-in-force up 5%
Q4 net income $94.2M ($1.20 diluted EPS) vs $86.2M ($1.07) in Q4 2024; adjusted EPS $1.20.
NMIH Q3 net income $96M ($1.22 EPS); revenue $178.7M; insurance-in-force up 5% YoY
Net income $96.0M ($1.22 diluted EPS) vs $92.8M ($1.15) YoY; adjusted EPS $1.21.
NMIH Q2 net income $96.2M, EPS $1.21; loss ratio rises to 9.0%
Net income $96.2M ($1.21 diluted EPS) vs $102.6M Q1 and $92.1M prior-year Q2.
NMI Holdings posts record Q1 2025 net income $102.6M, diluted EPS $1.28
Net income of $102.6M ($1.28 diluted EPS) vs $89.0M ($1.08) in Q1 2024, up 15% and 18% respectively.
NMI Holdings Q4 net income $86.2M ($1.07 EPS); full year EPS $4.43; $250M buyback authorized
Q4 2024 net income $86.2M ($1.07 diluted) vs $83.4M ($1.01) in Q4 2023, up 3.4%.
NMI Holdings Q3 net income $92.8M, EPS $1.15; insurance-in-force $207.5B; new reinsurance deals
Net income $92.8M ($1.15 diluted EPS), up 11% YoY; adjusted diluted EPS $1.15.
NMIH Q2 net income $92.1M ($1.13 diluted EPS), record quarter
Net income $92.1M ($1.13 diluted EPS) vs $89.0M ($1.08) in Q1 2024 and $80.3M ($0.95) in Q2 2023.
NMI Holdings closes $425M offering of 6.000% Senior Notes due 2029; will redeem 7.375% 2025 Notes
Issued $425M aggregate principal of 6.000% Senior Notes due Aug 15, 2029; net proceeds ~$414.3M after underwriting discount.
NMI Holdings prices $425M 6.0% notes due 2029 to redeem existing 7.375% secured notes
Priced $425M aggregate principal of 6.000% senior unsecured notes due August 15, 2029; closing expected May 21, 2024.
NMIH Q1 net income $89M ($1.08 EPS), record results; insurance-in-force up 7% YoY
Diluted EPS $1.08, up 24% YoY; adjusted EPS also $1.08.
NMI Holdings names Aurora Swithenbank CFO effective May 1, 2024; Ravi Mallela exits
Swithenbank previously CFO at Vantage Group Holdings and Partner at Goldman Sachs.
NMI Holdings Q4 net income $83.4M ($1.01 EPS); full year EPS $3.84 vs $3.39
Q4 2023 net income of $83.4M ($1.01 diluted EPS) vs $84.0M ($1.00) in Q3 and $72.9M ($0.86) in Q4 2022.
NMIH Q3 net income $84M ($1.00 EPS), record profitability; insurance-in-force up 9% YoY to $194.8B
Net income $84.0M ($1.00 diluted EPS), up 5% QoQ and 9% YoY; record Q3 profitability.
NMIH Q2 net income $80.3M ($0.95 EPS); announces $200M share buyback
Net income $80.3M ($0.95 EPS); net premiums earned $126.0M, up 4% YoY.
NMI Holdings Q1 net income $74.5M ($0.88 diluted), revenue $136.8M
Net income of $74.5M ($0.88 diluted) up 10% from $67.7M ($0.77) in Q1 2022.
NMI Holdings Q4 net income $72.9M ($0.86 EPS), up 20% YoY
Net income Q4 2022 $72.9M ($0.86 diluted), up from $60.5M ($0.69) in Q4 2021.
NMIH Q3 net income $76.8M ($0.90 diluted EPS), up 27% YoY
Net income of $76.8M compared to $60.2M in Q3 2021, a 27% increase.
NMIH Q2 EPS $0.86 up 32% YoY; announces new quota share reinsurance deal
Net income of $75.4M ($0.86 diluted EPS) vs. $67.7M ($0.77) in Q1 2022 and $57.5M ($0.65) in Q2 2021.
NMIH Q1 net income $67.7M ($0.77 EPS), up 28% YoY; announces $290M reinsurance deal
Net income $67.7M ($0.77 diluted EPS) vs $52.9M ($0.61) in Q1 2021, a 28% increase.
NMIH Q4 net income $60.5M, EPS $0.69, up 25% YoY; $125M buyback authorized
Q4 2021 net income $60.5M ($0.69 diluted EPS) vs $48.3M ($0.56) in Q4 2020.
NMI Holdings COO Patrick Mathis to retire April 1, 2022; Fitzgerald and Yousaf promoted to EVP roles
Patrick Mathis, EVP and COO, to retire effective April 1, 2022; separation agreement includes health coverage and accelerated vesting.
NMI Holdings Q3 net income $60.2M, diluted EPS $0.69, adjusted EPS $0.71
Net income of $60.2M ($0.69 diluted EPS) vs $57.5M in Q2 2021 and $38.2M in Q3 2020.
NMI Holdings names Adam Pollitzer CEO effective Jan 1, 2022; Claudia Merkle to depart
Adam Pollitzer, current EVP/CFO, appointed President and CEO effective Jan 1, 2022, and will join Board.
NMI Holdings reports Q2 2021 net income $57.5M ($0.65 EPS); adjusted EPS $0.67
Net income of $57.5M ($0.65 diluted EPS) vs. $26.8M ($0.36) in Q2 2020, more than doubling YoY.
On March 4, 2024, NMI Holdings, Inc. (the “Company”) announced that Aurora Swithenbank has been appointed Executive Vice President and Chief Financial Officer, effective May 1, 2024.
On March 4, 2024, the Company announced that Ravi Mallela, the Company’s Executive Vice President and Chief Financial Officer, will be leaving the Company effective May 1, 2024.
the Board of Directors (the "Board") of NMI Holdings, Inc. (the "Company") expanded the Board to ten members and appointed John C. Erickson as an independent director of the Company.
Julie Norberg, the Senior Vice President and Chief Accounting Officer of NMI Holdings, Inc. (the “Company”), departed from her position on November 10, 2022.
Mr. Mallela will succeed Adam Pollitzer, the Company’s current Executive Vice President and Chief Financial Officer, who will become the Company’s President and Chief Executive Officer, effective January 1, 2022 , and will remain the Company’s acting Chief Financial Officer until Mr. Mallela’s start date.
On December 21, 2021, NMI Holdings, Inc. (the "Company") announced that Ravi Mallela that has been appointed Executive Vice President and Chief Financial Officer of the Company, effective January 10, 2022 (the "start date").
Patrick L. Mathis, the Company’s Executive Vice President and Chief Operating Officer, will depart from his position on April 1, 2022.
the Board of Directors (the “Board”) of the Company has appointed Adam Pollitzer, the Company’s current Executive Vice President and Chief Financial Officer, to become its President and Chief Executive Officer and a member of the Board, effective January 1, 2022.
Claudia J. Merkle, the Company’s Chief Executive Officer and a member of the Board, will depart from both positions on December 31, 2021.
Max materiality 0.75 · Median 0.65 · Most common event earnings