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Mar 31, 2024
NMI Holdings Q1 2024 Earnings Report
Reported record financial results for the first quarter of 2024.
Key Takeaways
NMI Holdings, Inc. reported a net income of $89.0 million, a 20% increase compared to the first quarter of 2023. Diluted earnings per share was $1.08, up 24% compared to the same period last year. The company's primary insurance-in-force at quarter end was $199.4 billion, and total revenue was $156.3 million.
Primary insurance-in-force at quarter end was $199.4 billion, compared to $186.7 billion in the first quarter of 2023.
Net premiums earned were $136.7 million, compared to $121.8 million in the first quarter of 2023.
Total revenue was $156.3 million, compared to $136.8 million in the first quarter of 2023.
Net income was $89.0 million, up 20% compared to $74.5 million in the first quarter of 2023.
Revenue by Segment
Forward Guidance
The company is well-positioned to continue delivering differentiated growth, returns and value for its shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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