NMIH vs. UCBI

Last updated Jun 4, 2026

NMIH (NMI Holdings, Inc.) and UCBI (United Community Banks, Inc.) are both stocks. Both are in the Financial Services sector — NMIH in Insurance - Specialty, UCBI in Banks - Regional. At a 0.07 correlation, their price movements are largely independent.

Performance

NMIH vs. UCBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NMI Holdings, Inc. (NMIH) and United Community Banks, Inc. (UCBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NMIH

• 1D: -0.62%
• 1M: -4.17%
• YTD: -13.16%
• 6M: -7.28%
• 1Y: -10.78%
• 3Y*: 10.71%
• 5Y*: 8.05%
• 10Y*: 19.29%

UCBI

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NMIH vs. UCBI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NMIH NMI Holdings, Inc.	-13.16%	10.96%	-6.68%
UCBI United Community Banks, Inc.	0.00%	0.00%	-9.61%

Correlation

The correlation between NMIH and UCBI is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2024	0.07

Fundamentals

Market Cap NMIH : $2.74B UCBI : $3.36B
EPS NMIH : $1.27K UCBI : $2.80
PE Ratio NMIH : 0.03 UCBI : 9.92
PEG Ratio NMIH : 0.00 UCBI : 5.79
PS Ratio NMIH : 0.02 UCBI : 3.10
PB Ratio NMIH : 0.00 UCBI : 0.92
Total Revenue (TTM) NMIH : $184.01B UCBI : $1.09B
Gross Profit (TTM) NMIH : $479.49M UCBI : $674.79M
EBITDA (TTM) NMIH : $395.48M UCBI : $650.55M

Return for Risk

NMIH vs. UCBI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NMIH

NMIH Risk / Return Rank: 21
NMIH Sharpe Ratio Rank: 22
NMIH Sortino Ratio Rank: 21
NMIH Omega Ratio Rank: 21
NMIH Calmar Ratio Rank: 19
NMIH Martin Ratio Rank: 20

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NMIH vs. UCBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NMI Holdings, Inc. (NMIH) and United Community Banks, Inc. (UCBI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NMIH	UCBI	Difference
Sharpe ratio Return per unit of total volatility	-0.45	—	—
Sortino ratio Return per unit of downside risk	-0.46	—	—
Omega ratio Gain probability vs. loss probability	0.94	—	—
Calmar ratio Return relative to maximum drawdown	-0.60	—	—
Martin ratio Return relative to average drawdown	-0.99	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NMIH	UCBI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.45	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	—	—

Drawdowns

Drawdown Indicators

	NMIH	UCBI	Difference
Max Drawdown Largest peak-to-trough decline	-73.07%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-18.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.07%	—	—
Current Drawdown Current decline from peak	-17.91%	—	—
Average Drawdown Average peak-to-trough decline	-26.81%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	10.94%	—	—

Volatility

Volatility by Period

	NMIH	UCBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.01%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.61%	—	—

Dividends

NMIH vs. UCBI - Dividend Comparison

Neither NMIH nor UCBI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

NMIH vs. UCBI - Profitability Comparison

The chart below illustrates the profitability comparison between NMI Holdings, Inc. and United Community Banks, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NMIH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NMI Holdings, Inc. reported a gross profit of 0.00 and revenue of 183.48B. Therefore, the gross margin over that period was 0.0%.

UCBI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, United Community Banks, Inc. reported a gross profit of 163.54M and revenue of 276.51M. Therefore, the gross margin over that period was 59.1%.

NMIH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NMI Holdings, Inc. reported an operating income of 0.00 and revenue of 183.48B, resulting in an operating margin of 0.0%.

UCBI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, United Community Banks, Inc. reported an operating income of 157.96M and revenue of 276.51M, resulting in an operating margin of 57.1%.

NMIH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NMI Holdings, Inc. reported a net income of 99.33B and revenue of 183.48B, resulting in a net margin of 54.1%.

UCBI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, United Community Banks, Inc. reported a net income of 84.29M and revenue of 276.51M, resulting in a net margin of 30.5%.

Frequently Asked Questions

Can I hold both NMIH and UCBI in my portfolio?

NMIH and UCBI have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.