NMI Holdings, Inc. reported a net income of $83.4 million, or $1.01 per diluted share, for the fourth quarter ended December 31, 2023. The company's primary insurance-in-force at quarter end was $197.0 billion, and total revenue was $151.4 million.
Primary insurance-in-force at quarter end was $197.0 billion.
Net premiums earned were $132.9 million.
Total revenue was $151.4 million.
Annualized return on equity for the quarter was 18.0%.
NMI Holdings is well-positioned to continue delivering differentiated growth, returns and value for their shareholders.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance