Core Viewpoint - MGIC Investment Corporation reported strong financial results for the first quarter of 2025, demonstrating continued performance improvement and market leadership despite macroeconomic concerns [2][3]. Financial Performance - Net income for Q1 2025 was $185.5 million, or $0.75 per diluted share, compared to $184.7 million and $0.72 per diluted share in Q4 2024, and $174.1 million and $0.64 per diluted share in Q1 2024 [4]. - Adjusted net operating income for Q1 2025 was $185.2 million, or $0.75 per diluted share, reflecting a slight increase from $184.5 million and $0.72 per diluted share in Q4 2024, and $178.4 million and $0.65 per diluted share in Q1 2024 [4]. - New insurance written (NIW) was $10.2 billion in Q1 2025, down from $15.9 billion in Q4 2024 and up from $9.1 billion in Q1 2024 [4][20]. - Net premiums earned were $243.7 million, slightly up from $241.3 million in Q4 2024 and $242.6 million in Q1 2024 [4]. - The annual persistency rate was 84.7%, a slight decrease from 84.8% in Q4 2024 and 85.7% in Q1 2024 [4]. Capital and Liquidity - As of March 31, 2025, PMIERs available assets were $5.9 billion, with PMIERs excess at $2.6 billion [4]. - The holding company liquidity was reported at $824 million, down from $1,076 million at the end of Q4 2024 [4]. Shareholder Actions - The company repurchased 9.2 million shares for $224.3 million and an additional 2.8 million shares for $65.8 million through April 25, 2025 [7]. - A dividend of $0.13 per common share was declared, payable on May 21, 2025 [7]. Delinquency and Loss Metrics - Primary delinquency inventory stood at 25,438, down from 26,791 in Q4 2024 [4][24]. - The primary IIF delinquency rate was 2.30%, a decrease from 2.40% in Q4 2024 [4][24]. - Losses incurred, net, were $9.6 million, compared to $8.7 million in Q4 2024 and $4.6 million in Q1 2024 [4]. Market Position and Strategy - The company maintains a strong market position with robust capital and liquidity, allowing it to continue executing its business strategies and supporting customers with innovative solutions [2][3].

NMI (NMIH) Q1 2025 Earnings Call April 29, 2025 09:45 PM ET Speaker0 Good day, and welcome to the NMI Holdings, Inc. First Quarter twenty twenty five Earnings Conference Call. Please note this event is being recorded. I would now like to turn the conference over to John of Management. Please go ahead. Speaker1 Thank you, operator. Good afternoon and welcome to the twenty twenty five first quarter conference call for National MI. I'm John Swenson, Vice President of Investor Relations and Treasury. Joining us ...

NMI (NMIH) Q1 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants John Swenson - Vice President of Investor Relations & TreasuryBradley Shuster - Executive ChairmanAdam Pollitzer - President and Chief Executive OfficerAurora Swithenbank - Executive VP & CFOBose George - Managing Director Conference Call Participants Mihir Bhatia - Equity Research AnalystRichard Shane - Analyst Operator Good day, and welcome to the NMI Holdings, Inc. First Quarter twenty twenty five Earnings Conference Call. P ...

EMERYVILLE, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $102.6 million, or $1.28 per diluted share, for the first quarter ended March 31, 2025, compared to $86.2 million, or $1.07 per diluted share, for the fourth quarter ended December 31, 2024 and $89.0 million, or $1.08 per diluted share, for the first quarter ended March 31, 2024. Adjusted net income for the quarter was $102.5 million, or $1.28 per diluted share, compared to $86.1 million, or ...

Essent Group (ESNT) Q4 2024 Earnings Call February 14, 2025 10:00 AM ET Company Participants Philip Stefano - Vice President, Investor RelationsMark Casale - Chairman and CEODavid Weinstock - Senior Vice President, Chief Financial OfficerBose George - Managing DirectorGeoffrey Dunn - PartnerEric Hagen - Managing Director Conference Call Participants Terry Ma - Senior Equity Research AnalystRichard Shane - AnalystDouglas Harter - Equity Research Analyst Operator Thank you for standing by. At this time, I wou ...