Every material Form 8-K NMI Holdings filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
NMI Holdings reported third-quarter 2026 net income of $93.5 million, or $1.23 per diluted share, for the quarter ended September 30, 2026. That was down from $105.8 million, or $1.38 per share, in the second quarter, but up slightly from $1.22 per share in the third quarter of 2025, while total revenue of $187.6 million was roughly flat sequentially and up from $178.7 million a year earlier.
Diluted EPS was $1.23 versus $1.38 in Q2 2026 and $1.22 in Q3 2025; adjusted diluted EPS was $1.23.
Insurance claims and claim expenses were $29.1 million, with a loss ratio of 18.7% versus 8.3% in Q2 2026 and 12.3% in Q3 2025.
Book value per share excluding unrealized gains and losses was $38.13, up 14% from $33.32 a year earlier.
The company repurchased 626,383 shares for $27.1 million in the quarter and has bought back $435 million since the program began.
NMI Holdings reported net income of $105.8 million, or $1.38 per diluted share, for the quarter ended June 30, 2026, up from $96.2 million, or $1.21 per diluted share, a year earlier and $99.3 million, or $1.28, in the first quarter of 2026. Earnings improved on both comparisons, and the loss ratio fell to 8.3% from 13.3% in the first quarter.
Net income of $105.8 million and diluted EPS of $1.38, compared with $96.2 million and $1.21 in Q2 2025.
Loss ratio of 8.3%, compared with 13.3% in Q1 2026 and 9.0% in Q2 2025.
Primary insurance-in-force of $227.1 billion at June 30, 2026, up from $214.7 billion a year earlier.
Book value per share excluding net unrealized gains and losses was $36.88, up from $32.08 a year earlier.
NMI Holdings reported first-quarter 2026 net income of $99.3 million, or $1.28 per diluted share, matching the $1.28 reported for the same quarter of 2025. Total revenue rose to $183.5 million from $173.2 million a year earlier, but net income was down from $102.6 million and the loss ratio rose to 13.3% from 3.0%, so the results show mixed signals for shareholders.
Net income $99.3 million versus $102.6 million in Q1 2025; diluted EPS $1.28 in both periods
Total revenue $183.5 million versus $173.2 million in Q1 2025
Loss ratio 13.3% versus 3.0% in Q1 2025; insurance claims and claim expenses $20.7 million versus $4.5 million
Primary insurance-in-force $222.3 billion at March 31, 2026, versus $211.3 billion a year earlier
NMI Holdings, Inc. expanded its Board to ten members and appointed Renu Agrawal as an independent director effective February 12, 2026. She was assigned to the Audit Committee and Risk Committee, and the filing describes a standard non-employee director compensation package for her board service.
Effective date: February 12, 2026; Board expanded to ten members
Ms. Agrawal assigned to the Audit Committee and Risk Committee
Annual cash retainer of $120,000 for 2026, prorated, plus an annual equity retainer of $170,000 in RSUs and an additional RSU grant with a grant-date fair value of $170,000
Board Chairman Bradley Shuster said her executive and board experience will be valuable to the Board
NMI Holdings reported fourth-quarter 2025 net income of $94.2 million, or $1.20 per diluted share, up from $86.2 million, or $1.07 per share, a year earlier but slightly below the $96.0 million, or $1.22 per share, in the third quarter. For the full year 2025, net income was $388.9 million, or $4.92 per diluted share, compared with $360.1 million, or $4.43 per share, in 2024.
Q4 2025 total revenue was $180.7 million, up from $166.5 million a year earlier and $178.7 million in Q3 2025.
Q4 2025 loss ratio was 13.9%, up from 12.0% a year earlier and 12.3% in Q3 2025.
Book value per share excluding net unrealized gains and losses was $34.58 at December 31, 2025, up from $29.80 a year earlier.
Full-year 2025 diluted EPS was $4.92, compared with $4.43 for 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.
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