NMI Holdings, Inc. reported a net income of $94.2 million for the fourth quarter of 2025, with a diluted EPS of $1.20. The full-year net income was $388.9 million, or $4.92 per diluted share. Primary insurance-in-force at quarter-end was $221.4 billion, with net premiums earned at $152.5 million. The loss ratio for the quarter was 13.9%, and the expense ratio was 20.4%. Shareholders’ equity was $2.6 billion at quarter-end.

Adam Pollitzer, President and CEO of National MI, expressed optimism for the company’s future growth and value creation. The company plans to continue delivering differentiated growth and returns for shareholders. The company’s financial highlights include strong operating performance, record financial results, and a 16.2% return on equity for the quarter. The company will hold a conference call on February 10, 2026, to discuss the results further.

Read more at GlobeNewswire: NMI Holdings, Inc. Reports Fourth Quarter and Full Year