NMI Holdings, Inc. Reports Record First Quarter 2024 Financial Results

April 30, 2024

https://www.globenewswire.com/news-release/2024/04/30/2872749/0/en/NMI-Holdings-Inc-Reports-Record-First-Quarter-2024-Financial-Results.html

EMERYVILLE, Calif., April 30, 2024 (GLOBE NEWSWIRE) — NMI Holdings, Inc. (Nasdaq:NMIH) today reported net income of $89.0 million, up 7% compared to $83.4 million in the fourth quarter ended December 31, 2023 and up 20% compared to $74.5 million in the first quarter ended March 31, 2023. Diluted earnings per share was $1.08, up 8% compared to $1.01 in the fourth quarter ended December 31, 2023 and up 24% compared to $0.88 in the first quarter ended March 31, 2023. Adjusted net income was also $89.0 million, or $1.08 per diluted share, compared to $83.4 million, or $1.01 per diluted share, in the fourth quarter and $74.5 million, or $0.88 per diluted share, in the first quarter of 2023.

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