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Nmi Holdings Inc (NMIH)

Nmi Holdings Inc (NMIH)
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NMI Holdings provides private mortgage insurance (MI) through its wholly-owned insurance subsidiaries National Mortgage Insurance Corporation (NMIC) and National Mortgage Reinsurance Inc. One (Re One). NMIC and Re One are domiciled in Wisconsin and principally regulated by the Wisconsin OCI. NMIC is the company's primary insurance subsidiary and is approved as an MI provider by the GSEs and is licensed to write coverage in all 50 states and D.C. Re One provides reinsurance to NMIC on insured loans after giving effect to third-party reinsurance. The subsidiary NMI Services, Inc. (NMIS) provides outsourced loan review services to mortgage loan originators. MI protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 650,970 579,000 523,350 485,070 433,280
Sales Growth +12.43% +10.63% +7.89% +11.95% +14.39%
Net Income 360,110 322,110 292,900 231,130 171,570
Net Income Growth +11.80% +9.97% +26.73% +34.71% -0.23%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 3,349,970 2,940,510 2,516,030 2,450,580 2,166,670
Total Assets Growth +13.92% +16.87% +2.67% +13.10% +58.75%
Total Liabilities 1,132,540 1,014,500 902,300 884,800 797,080
Total Liabilities Growth +11.64% +12.43% +1.98% +11.01% +83.49%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 393,600 342,680 313,390 325,720 252,600
Operating Cash Flow Growth +14.86% +9.35% -3.79% +28.95% +21.35%
Net Cash Flow -42,380 52,260 -32,220 -50,290 85,850
Change in Net Cash Flow -181.09% +262.20% +35.93% -158.58% +443.35%
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