Gain from change in fair value of warrant liability
Total expenses
Income before income taxes
Income tax expense
Net income
Adjustments:
Gain from change in fair value of warrant liability
Capital markets transaction costs
Net realized investment (gains) losses
Other Infrequent, unusual or non-operating items
Adjusted Income before income taxes
Income tax expense (benefit) on adjustments
Adjusted Net income
Weighted average diluted shares outstanding
Dilutive effect of non-vested shares and warrants
Weighted average diluted shares outstanding - Adjusted
Diluted EPS - Reported
Diluted EPS - Adjusted
Shareholders' equity
Return on equity - Reported
Return on equity - Adjusted
Expense ratio - Reported
Expense ratio - Adjusted
Loss ratio - Reported and Adjusted
Combined ratio - Reported
Combined ratio - Adjusted
Book value per share
Book value per share (excluding net unrealized gains and losses)
$
116,495
$
120,870
$
118,317
$
119,584
$
121,754
$
125,985
$
130,089
$
377,828
10,199
10,921
11,945
13,341
14,894
16,518
$
17,853
49,265
408
53
14
6
(33)
-
$
-
(33)
339
376
301
176
164
182
$
217
563
$
127,441
$
132,220
$
130,577
$
133,107
$
136,779
$
142,685
$
148,159
$
427,623
$
(619)
$
(3,036)
$
(3,389)
$
3,450
$
6,701
$
2,873
$
4,812
$
14,386
32,935
30,700
27,144
26,711
25,786
27,448
27,749
$
80,983
430
336
197
131
80
267
239
$
586
8,041
8,051
8,036
8,035
8,039
8,048
8,059
$
24,146
(93)
(1,020)
-
-
-
-
-
$
-
$
40,694
$
35,031
$
31,988
$
38,327
$
40,606
$
38,636
$
40,859
$
120,101
$
86,747
$
97,189
$
98,589
$
94,780
$
96,173
$
104,049
$
107,300
$
307,522
19,067
21,745
21,751
21,840
21,715
23,765
23,345
68,825
$
67,680
$
75,444
$
76,838
$
72,940
$
74,458
$
80,284
$
83,955
$
238,697
$
(93)
$
(1,020)
$
-
$
-
$
-
$
-
$
-
$
-
260
(55)
-
-
-
-
-
-
(408)
(53)
(14)
(6)
33
-
-
33
-
-
-
-
-
-
-
-
$
86,506
$
96,061
$
98,575
$
94,774
$
96,206
$
104,049
$
107,300
$
307,555
$
(31)
$
(23)
$
(3)
$
(1)
7
-
-
$
7
$
67,470
$
74,339
$
76,827
$
72,935
$
74,484
$
80,284
$
83,955
$
238,723
87,310
86,577
85,485
84,809
84,840
84,190
83,670
84,236
-
-
-
-
-
-
-
-
87,310
86,577
85,485
84,809
84,840
84,190
83,670
84,236
$
0.77
$
0.86
$
0.90
$
0.86
$
0.88
$
0.95
$
1.00
$
2.83
$
0.77
$
0.86
$
0.90
$
0.86
$
0.88
$
0.95
$
1.00
$
2.83
$
1,535,042
$
1,525,092
$
1,525,866
$
1,613,727
$
1,706,711
$
1,748,955
$
1,790,961
$
1,790,961
17.5%
19.7%
20.1%
18.6%
17.9%
18.6%
19.0%
18.7%
17.4%
19.4%
20.1%
18.6%
17.9%
18.6%
19.0%
18.7%
28.3%
25.4%
22.9%
22.3%
21.2%
21.8%
21.3%
21.4%
28.0%
25.4%
22.9%
22.3%
21.2%
21.8%
21.3%
21.4%
(0.5%)
(2.5%)
(2.9%)
2.9%
5.5%
2.3%
3.7%
3.8%
27.7%
22.9%
20.1%
25.2%
26.7%
24.1%
25.0%
25.2%
27.5%
22.9%
20.1%
25.2%
26.7%
24.1%
25.0%
25.2%
$
17.84
$
18.01
$
18.21
$
19.31
$
20.49
$
21.25
$
21.94
$
18.97
$
19.91
$
20.85
$
21.76
$
22.56
$
23.53
$
24.56
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NMI Holdings Inc. published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 05:42:46 UTC.
NMI Holdings, Inc. provides mortgage insurance (MI) through its wholly owned insurance subsidiaries, National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc One (Re One). NMIC is its primary insurance subsidiary and is licensed to write MI coverage in all 50 states and District of Columbia (D.C.). Its subsidiary, NMI Services, Inc. (NMIS), provides outsourced loan review services to mortgage loan originators. It offers two principal types of MI coverage, primary and pool. Primary MI provides default protection on individual mortgage loans at specified coverage percentages. All its primary insurance is written on first-lien mortgage loans, with nearly all secured by owner-occupied single-family homes (defined as one-to-four family homes and condominiums). Pool insurance is generally used to provide additional credit enhancement for certain secondary market mortgage transactions. It offers outsourced loan review services to mortgage originators through NMIS.
NMI HOLDINGS, INC. 
