Nmi holdings, inc. reports first quarter 2021 financial results

Emeryville, calif., may 04, 2021 (globe newswire) -- nmi holdings, inc. (nasdaq: nmih) today reported net income of $52.9 million, or $0.61 per diluted share, for the first quarter ended march 31, 2021, which compares to $48.3 million, or $0.56 per diluted share, in the fourth quarter ended december 31, 2020 and $58.3 million, or $0.74 per diluted share, in the first quarter ended march 31, 2020. adjusted net income for the quarter was $53.4 million, or $0.62 per diluted share, which compares to $50.8 million, or $0.59 per diluted share, in the fourth quarter ended december 31, 2020 and $52.7 million, or $0.75 per diluted share, in the first quarter ended march 31, 2020. the non-gaap financial measures adjusted net income, adjusted diluted earnings per share and adjusted return on equity are presented in this release to enhance the comparability of financial results between periods. see "use of non-gaap financial measures" and our reconciliation of such measures to their most comparable gaap measures, below.
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