NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript Summary
NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript Summary
Net premiums earned were a record $143.3 million, with a core yield of 34.3 basis points.The following is a summary of the NMI Holdings, Inc. (NMIH) Q3 2024 Earnings Call Transcript:
以下是nmi holdings, inc. (nmi的) 2024年第三季度業績會交易摘要：
Financial Performance:
財務表現:
NMI Holdings reported a record total revenue of $166.1 million for Q3 2024.
GAAP net income was $92.8 million, or $1.15 per diluted share, and a 17.5% return on equity.
Net premiums earned were a record $143.3 million, with a core yield of 34.3 basis points.
Investment income increased to $22.5 million reflecting favorable new money rates
The expense ratio for the quarter was 20.3%.
nmi holdings報告2024年第三季度總營業收入創紀錄達到16610萬美元。
根據美國通用會計準則，淨利潤爲9280萬美元，每股稀釋收益爲1.15美元，淨資產收益率爲17.5%。
賺取的淨保費創紀錄達到14330萬美元，核心收益率爲34.3個點子。
投資收益增加至2250萬美元，反映了有利的新資金利率。
本季度費用率爲20.3%。
Business Progress:
業務進展：
NMI Holdings generated $12.2 billion of NIW volume and increased primary insurance in force to $207.5 billion, marking a 7% year-over-year increase.
The company secured several new reinsurance treaties providing comprehensive risk protection and efficient capital funding for future business production.
During the quarter, the company repurchased $16.9 million of common stock, helping to retire 443,000 shares.
nmi holdings 創建了$122億的NIW成交量，並將主要保險規模增加到$2075億，同比增長了7%。
公司獲得了幾項新的再保險條約，爲未來業務生產提供全面的風險保護和有效的資本資金。
在本季度，公司回購了$1690萬的普通股，幫助註銷了44.3萬股。
Opportunities:
機會：
The company is poised to capitalize on sustained new business opportunities, supported by long-term secular trends and broader economic resilience.
Enhanced book quality covered by a comprehensive set of risk transfer solutions positions the company for through-the-cycle growth and returns.
公司準備從長期結構性趨勢和更廣泛的經濟韌性支持下，利用持續的新業務機會。
通過一套完整的風險轉移解決方案覆蓋的增強圖書質量，將使公司在整個週期的增長和回報中處於有利位置。
Risks:
風險：
Despite the robust performance, macro risks remain active, with selective adjustments by the company in pricing, risk selection, and reinsurance decisioning to manage potential future volatilities.
儘管表現強勁，宏觀風險仍然活躍，公司在定價、風險選擇和再保險決策上進行有選擇性的調整，以管理潛在的未來波動性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
