NMI Holdings (NMIH) Reports In-Line Q4 EPS

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Go back to NMI Holdings (NMIH) Reports In-Line Q4 EPS

NMI Holdings, Inc. Reports Record Fourth Quarter and Full Year 2015 Financial Results

February 18, 2016 4:01 PM EST

EMERYVILLE, Calif., Feb. 18, 2016 /PRNewswire/ -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported results for the fourth quarter and year ended Dec. 31, 2015.  In the fourth quarter, monthly premium new insurance written (NIW) was $2.0 billion, an increase of 28% over the prior quarter. Overall NIW of $4.5 billion increased 25% over $3.6 billion in the prior quarter.  For the year, total NIW of $12.4 billion was up 254% from $3.5 billion in 2014.

The company reported a net loss for the fourth quarter of $4.8 million, or $0.08 per share, which includes interest expense of $2.1 million related to the company's... More