NMI Holdings (NMIH) Tops Q4 EPS by 9c

NMI Holdings (NASDAQ: NMIH) reported Q4 EPS of $0.59, $0.09 better than the analyst estimate of $0.50.

Claudia Merkle, CEO of National MI, said, “The fourth quarter capped an unprecedented year of challenge, resiliency and reward for National MI. In 2020, we helped over 250,000 borrowers gain access to housing, allowing them to establish a safe and secure environment in which to shelter through the COVID pandemic. We expanded our customer franchise, delivered record NIW volume, grew our high-quality insured portfolio and balance sheet, and delivered significant profitability, all while absorbing the impact of COVID through the year.”

For earnings history and earnings-related data on NMI Holdings (NMIH) click here.

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