Loading...
•
Sep 30, 2022
NMI Holdings Q3 2022 Earnings Report
Reported net income of $76.8 million, or $0.90 per diluted share and primary insurance-in-force at quarter end was $179.2 billion.
Key Takeaways
NMI Holdings, Inc. reported strong third-quarter results for 2022, marked by record profitability, strong returns, and growth in the insured portfolio. The company's net income was $76.8 million, or $0.90 per diluted share.
Primary insurance-in-force at quarter end was $179.2 billion, compared to $168.6 billion at the end of the second quarter
Net premiums earned were $118.3 million, compared to $120.9 million in the second quarter.
Underwriting and operating expenses were $27.1 million, compared to $30.7 million in the second quarter
Insurance claims and claim expenses was a benefit of $3.4 million, compared to a benefit of $3.0 million in the second quarter
NMI Holdings
NMI Holdings
Forward Guidance
The company is well positioned to continue to serve our customers and their borrowers, support our talented team, and deliver sustained performance for our shareholders.