NMI Holdings Q2 net income rises 15% to $92.1 million, diluted EPS $1.13
NMI Holdings reported record second-quarter 2024 results on July 30, 2024, with net income of $92.1 million, or $1.13 per diluted share, up from $80.3 million, or $0.95 per share, a year earlier. Adjusted diluted EPS was $1.20, excluding non-recurring capital markets transaction costs tied to a second-quarter debt refinancing, and primary insurance-in-force reached $203.5 billion.
Key points
- Q2 2024 net income was $92.1 million, up 15% from $80.3 million in Q2 2023 and up 3% from $89.0 million in Q1 2024.
- Diluted EPS was $1.13, up from $0.95 a year earlier; adjusted diluted EPS was $1.20, excluding $7.0 million of capital markets transaction costs.
- Total revenue was $162.1 million, compared with $142.7 million in Q2 2023.
- Shareholders' equity was $2.0 billion at June 30, 2024, and book value per share was $25.65.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.