NMI Holdings, Inc. Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤NMI Holdings (NMIH) Q3 net income $93.5 million; diluted EPS $1.23
- ➤Primary insurance-in-force $229.7 billion, up 1% sequentially and 5% year over year
- ➤Insurance claims and claim expenses $29.1 million, up 121% sequentially
- ➤Loss ratio 18.7%, versus 8.3% in Q2 and 12.3% a year earlier
- ➤Share repurchases totaled $27.1 million during the quarter
Expert Statements
Adam Pollitzer, President and Chief Executive Officer of National MI
“In the third quarter, we again delivered standout operating performance, consistent growth in our high-quality insured portfolio, and strong financial results. During the period, we helped more than 53,000 borrowers, writing nearly $13.6 billion of new coverage in support of hard-working families across the country. At National MI, we’re proud to provide a low-cost, high-value solution that helps borrowers dramatically reduce the cash they need at the closing table and buy a home years earlier than they otherwise could, with private capital that serves to insulate the GSEs and taxpayers from risk and loss. Looking ahead, we’re well positioned to continue to serve our lenders and their borrowers, support the long-term safety and soundness of the mortgage market, and deliver through-the-cycle growth, returns and value for our shareholders.”
EMERYVILLE, Calif., Nov. 05, 2026 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $93.5 million, or $1.23 per diluted share, for the third quarter ended September 30, 2026, compared to $105.8 million, or $1.38 per diluted share, for the second quarter ended June 30, 2026 and $96.0 million, or $1.22 per diluted share, for the third quarter ended September 30, 2025. Adjusted net income for the quarter was $93.7 million, or $1.23 per diluted share, compared to $106.0 million, or $1.38 per diluted share, for the second quarter ended June 30, 2026 and $95.7 million, or $1.21 per diluted share, for the third quarter ended September 30, 2025.
Adam Pollitzer, President and Chief Executive Officer of National MI, said, “In the third quarter, we again delivered standout operating performance, consistent growth in our high-quality insured portfolio, and strong financial results. During the period, we helped more than 53,000 borrowers, writing nearly $13.6 billion of new coverage in support of hard-working families across the country. At National MI, we’re proud to provide a low-cost, high-value solution that helps borrowers dramatically reduce the cash they need at the closing table and buy a home years earlier than they otherwise could, with private capital that serves to insulate the GSEs and taxpayers from risk and loss. Looking ahead, we’re well positioned to continue to serve our lenders and their borrowers, support the long-term safety and soundness of the mortgage market, and deliver through-the-cycle growth, returns and value for our shareholders.”
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