NMI Holdings, Inc.

NMIH · XNAS

CIK 1547903fmd_0A34G49ARXG2RCW7N12THS9767Finance, Insurance and Real Estate · Surety InsuranceTemplate: Insurance

Coverage: Jan 01, 2011 to Sep 30, 2026, 60 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net premiums earned	110	166	251	345	397	444	475	511	565	602
Total revenues	124	183	275	379	433	485	523	579	651	706
Net investment income	14	16	24	31	32	38	46	68	85	103
Realized investment gains (losses)	(1)	0	0	0	1	1	0	(0)	0	0
Losses and loss adjustment expenses	2	5	5	13	59	12	(4)	23	32	58
Policy acquisition costs	4	6	8	8	19	23	12	4	7	8
Interest expense	15	14	15	12	24	32	32	32	37	28
Interest and investment income	15	17	24	31	33	39	48	68	86	104
Other non-operating income (expense)	(17)	(18)	(16)	–	–	–	–	–	–	–
Income before taxes	11	53	136	217	218	297	377	413	463	500
Income tax expense	(53)	31	28	45	47	66	84	91	103	111
Net income from continuing operations	64	22	108	172	172	231	293	322	360	389
Net income	64	22	108	172	172	231	293	322	360	389
Net income to common shareholders	64	22	–	–	–	–	–	322	360	389