NMI Holdings Q3 net income rises 11% to $92.8 million, or $1.15 per diluted share
NMI Holdings reported third-quarter 2024 net income of $92.8 million, or $1.15 per diluted share, up from $84.0 million, or $1.00 per share, a year earlier. Total revenue rose to $166.1 million from $148.2 million, and primary insurance-in-force reached $207.5 billion. The company also said it entered new quota share and excess-of-loss reinsurance agreements covering new business written from January 1, 2025 through December 31, 2027.
Key points
- Q3 2024 net income $92.8 million, up 11% from $84.0 million in Q3 2023 and up 1% from $92.1 million in Q2 2024
- Diluted EPS $1.15, versus $1.00 a year earlier and $1.13 in Q2 2024
- Adjusted net income $92.8 million, down 5% from $97.6 million in Q2 2024
- New reinsurance agreements cover new business originated between January 1, 2025 and December 31, 2027
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 November 06, 2024.
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