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Dec 31, 2020
NMI Holdings Q4 2020 Earnings Report
Reported net income of $48.3 million for the fourth quarter ended December 31, 2020.
Key Takeaways
NMI Holdings, Inc. reported a net income of $48.3 million, or $0.56 per diluted share, for Q4 2020, compared to $50.2 million, or $0.71 per diluted share, in Q4 2019. New insurance written was $19.8 billion, up 66% compared to the fourth quarter of 2019.
New insurance written was $19.8 billion, up 66% compared to the fourth quarter of 2019.
Primary insurance-in-force at quarter end was $111.3 billion, up 17% compared to the fourth quarter of 2019.
Net premiums earned were $100.7 million, up 5% compared to the fourth quarter of 2019.
At quarter-end, cash and investments were $1.9 billion.
NMI Holdings
NMI Holdings
NMI Holdings Revenue by Geographic Location
Revenue by Geographic Location
California Revenue
CapyFin.comTexas Revenue
CapyFin.comFlorida Revenue
CapyFin.comIllinois Revenue
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CapyFin.comVirginia Revenue
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CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income