Business
NMI Holdings, Inc. Reports Third Quarter 2025 Financial Results
EMERYVILLE, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $96.0 million, or $1.22 per diluted
About this update from Nmi Holdings Inc
[{"type":"text","content":"EMERYVILLE, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $96.0 million, or $1.22 per diluted share, for the third quarter ended September 30, 2025, compared to $96.2 million, or $1.21 per diluted share, for the second quarter ended June 30, 2025 and $92.8 million, or $1.15 per diluted share, for the third quarter ended September 30, 2024. Adam Pollitzer, President and Chief Executive Officer of National MI, said, “In the third quarter, we again delivered strong operating performance, consistent growth in our high-quality insured portfolio, and standout financial results. Our products and the support we provide are more important today than ever before, and we’re delivering unique solutions for our customers and their borrowers. We have built an exceptionally high-quality book covered by a comprehensive set of risk transfer solutions, our credit performance continues to stand ahead, and we have a robust balance sheet supported by the significant earnings power of our platform. Looking forward, we’re well positioned to continue delivering differentiated growth, returns and value for our shareholders.” Selected third quarter 2025 highlights include: Primary insurance-in-force at quarter end was $218.4 billion, compared to $214.7 billion at the end of the second quarter and $207.5 billion at the end of the third quarter of 2024.Net premiums earned were $151.3 million, compared to $149.1 million in the second quarter and $143.3 million in the third quarter of 2024.Total revenue was $178.7 million, compared to $173.8 million in the second quarter and $166.1 million in the third quarter of 2024.Insurance claims and claim expenses were $18.6 million, compared to $13.4 million in the second quarter and $10.3 million in the third quarter of 2024. Loss ratio was 12.3%, compared to 9.0% in the second quarter and 7.2% in the third quarter of 2024.Underwriting and operating expenses were $29.2 million, compared to $29.5 million in the second quarter and $29.2 million in the third quarter of 2024. Expense ratio was 19.3%, compared to 19.8% in the second quarter and 20.3% in the third quarter of 2024.Net income was $96.0 million, compared to $96.2 million in the second quarter and $92.8 million in the third quarter of 2024. Diluted EPS was $1.22, compared to $1.21 in the second quarter...