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Dec 31, 2022
Essent Q4 2022 Earnings Report
Essent reported net income of $147.4 million and EPS of $1.37 for Q4 2022.
Key Takeaways
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.
Net income for Q4 2022 was $147.4 million, or $1.37 per diluted share.
New insurance written for the fourth quarter of 2022 was $13.0 billion.
Insurance in force as of December 31, 2022 was $227.1 billion.
The combined ratio for the fourth quarter was 24.6%.
Essent
Essent
Forward Guidance
Essent management discussed the company's results and outlook on a conference call held on February 10, 2023.