Essent Earnings Reports

Essent Group Ltd. reported a slight decrease in net income and EPS in Q1 2025 compared to the previous year, primarily due to higher losses and expenses. However, the company saw an increase in total revenues, driven by higher net investment income and net premiums earned. New insurance written and insurance in force continued to grow.

Essent reported a revenue increase of 5.98% year-over-year, driven by a strong rise in investment income. However, net income declined due to higher loss provisions. Operating margin decreased as underwriting expenses rose.

Essent Group Ltd. reported a net income of $176.2 million for Q3 2024, slightly lower than the $178.0 million reported in Q3 2023. The company's results benefited from interest rates impacting persistency and growth in the investment portfolio. New insurance written was $12.5 billion, consistent with the previous quarter and the same quarter last year.

Essent Group Ltd. reported a net income of $203.6 million for the quarter ended June 30, 2024, compared to $172.2 million for the same quarter in 2023. The company's performance was driven by a high-quality portfolio and resilience in housing and labor markets, benefiting from favorable credit performance and the current rate environment.

Essent Group Ltd. reported a net income of $181.7 million for Q1 2024, compared to $170.8 million for Q1 2023. The company's performance was driven by its high-quality portfolio, consumer resilience, and a favorable rate environment that benefited investment income and persistency. Essent's Board of Directors also declared a quarterly cash dividend of $0.28 per common share.

Essent Group Ltd. reported a net income of $175.4 million, or $1.64 per diluted share, for the quarter ended December 31, 2023. The results benefited from favorable credit performance and higher interest rates. New insurance written was $8.8 billion, and insurance in force reached $239.1 billion.

Essent Group Ltd. reported a net income of $178.0 million for the quarter ended September 30, 2023, which is comparable to the $178.1 million reported for the same quarter in 2022. The company's new insurance written was $12.5 billion, and the insurance in force reached $238.7 billion. Net investment income increased by 44% compared to the third quarter of the previous year, reaching $47.1 million.

Essent Group Ltd. reported a net income of $172.2 million for the quarter ended June 30, 2023, or $1.61 per diluted share. The company's Board of Directors has declared a quarterly cash dividend of $0.25 per common share.

Essent Group Ltd. reported a net income of $170.8 million for the quarter ended March 31, 2023, with diluted earnings per share of $1.59. The company's results were positively influenced by rising interest rates and strong credit performance. The Board of Directors has declared a quarterly cash dividend of $0.25 per common share.

Essent Group Ltd. reported a net income of $147.4 million, or $1.37 per diluted share, for the quarter ended December 31, 2022. The company's Board of Directors has declared a quarterly cash dividend of $0.25 per common share.

Essent Group Ltd. reported a net income of $178.1 million for the quarter ended September 30, 2022, a decrease compared to $205.4 million for the same quarter in 2021. The Board of Directors has declared a quarterly cash dividend of $0.23 per common share.

Essent Group Ltd. reported a strong second quarter in 2022, with a net income of $231.8 million, or $2.16 per diluted share, compared to $159.8 million, or $1.42 per diluted share, for the same quarter in 2021. The Board of Directors has declared a quarterly cash dividend of $0.22 per common share.

Essent Group Ltd. reported a net income of $274.2 million for the quarter ended March 31, 2022, which translates to $2.52 per diluted share. The company's Board of Directors has declared a quarterly cash dividend of $0.21 per common share.

Essent Group Ltd. reported a net income of $181.0 million, or $1.64 per diluted share, for the quarter ended December 31, 2021, compared to $123.6 million, or $1.10 per diluted share, for the same quarter in 2020. The company's Board of Directors has declared a quarterly cash dividend of $0.20 per common share.

Essent Group Ltd. reported a strong third quarter with net income of $205.4 million, or $1.84 per diluted share, compared to $124.5 million, or $1.11 per diluted share, for the same quarter last year. The Board of Directors has also declared a quarterly cash dividend of $0.19 per common share.

Essent Group Ltd. reported a strong second quarter with net income of $159.8 million, or $1.42 per diluted share, driven by a favorable operating environment with normalizing credit and elevated housing demand. The company also declared a quarterly cash dividend of $0.18 per common share.

Essent Group Ltd. reported a net income of $135.6 million for the quarter ended March 31, 2021, a decrease compared to $149.5 million for the same quarter in 2020. The company's Board of Directors authorized a $250 million share repurchase plan and declared a quarterly cash dividend of $0.17 per common share.

Essent Group Ltd. reported a net income of $123.6 million for the quarter ended December 31, 2020, a decrease compared to $147.0 million for the same quarter in 2019. New insurance written for the fourth quarter was $29.6 billion, compared to $15.8 billion in the fourth quarter of 2019. Insurance in force as of December 31, 2020, was $198.9 billion, compared to $164.0 billion as of December 31, 2019.

Essent Group Ltd. reported a net income of $124.5 million for the quarter ended September 30, 2020, a decrease compared to $144.6 million for the same quarter in 2019. The company's insurance in force grew to $190.8 billion, and new insurance written for the quarter was $36.7 billion. The Board of Directors has declared a quarterly cash dividend of $0.16 per common share.

Essent Group Ltd. reported a net income of $15.4 million, or $0.15 per diluted share, for the quarter ended June 30, 2020. The results reflect the initial impact of the COVID-19 pandemic on the insured portfolio.

Essent Group Ltd. reported a net income of $149.5 million, or $1.52 per diluted share, for the quarter ended March 31, 2020, compared to $127.7 million, or $1.30 per diluted share, for the quarter ended March 31, 2019. The company's Board of Directors has declared a quarterly cash dividend of $0.16 per common share.

Essent Group Ltd. reported a net income of $147.0 million, or $1.49 per diluted share, for the quarter ended December 31, 2019, compared to $128.5 million, or $1.31 per diluted share, for the quarter ended December 31, 2018. The company's Board of Directors declared a quarterly cash dividend of $0.16 per common share.