NMI Holdings, Inc. reported a net income of $92.1 million, or $1.13 per diluted share, for the second quarter ended June 30, 2024. The company's primary insurance-in-force at quarter end was $203.5 billion, and total revenue was $162.1 million.
Primary insurance-in-force at quarter end was $203.5 billion, compared to $191.3 billion in the second quarter of 2023.
Net premiums earned were $141.2 million, compared to $126.0 million in the second quarter of 2023.
Total revenue was $162.1 million, compared to $142.7 million in the second quarter of 2023.
Net income was $92.1 million, up 15% compared to the second quarter of 2023.
The company is well positioned to continue delivering differentiated growth, returns and value for its shareholders.
Visualization of income flow from segment revenue to net income