NMI Holdings (NMIH) Posts Q4 EPS of $1.01

NMI Holdings (NASDAQ: NMIH) reported Q4 EPS of $1.01, which does not compare to the estimate of $0.14.

Bradley Shuster, chairman and CEO of National MI, said, "We are proud of our performance in the fourth quarter and for the full year. In 2016 we achieved profitability, more than doubled insurance in force and premiums earned, negotiated a reinsurance treaty to support our growth, and solidified our position as a strong, returns-oriented mortgage insurance provider. We are excited about our growing operating leverage and returns profile, realizing the business model we envisioned at our founding. We want to thank our customers and employees, as well as business partners, lenders and shareholders for making it possible."

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

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