Essent Group (ESNT) Tops Q2 EPS by 1c

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Go back to Essent Group (ESNT) Tops Q2 EPS by 1c

Essent Group Ltd. Reports Second Quarter 2015 Results

August 7, 2015 7:00 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended June 30, 2015 of $37.2 million or $0.41 per diluted share, compared to $19.6 million or $0.23 per diluted share for the quarter ended June 30, 2014. As of June 30, 2015, Essent had primary insurance in force of $57.4 billion and consolidated stockholders equity of $1.03 billion.

During the second quarter, we continued building a high credit quality and profitable mortgage insurance portfolio while also producing strong and growing earnings for our shareholders, said Mark Casale, Chairman and Chief Executive Officer. Our outlook for the private mortgage insurance... More