Essent Group (ESNT) Tops Q1 EPS by 2c

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Go back to Essent Group (ESNT) Tops Q1 EPS by 2c

Essent Group Ltd. Reports First Quarter 2016 Results

May 5, 2016 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2016 of $48.0 million or $0.52 per diluted share, compared to $34.8 million or $0.38 per diluted share for the quarter ended March 31, 2015. As of March 31, 2016, Essent had insurance in force of $67.7 billion and consolidated stockholders equity of $1.2 billion.

So far, 2016 has been another important year for Essent as we continue to build our portfolio and expand our franchise, said Mark Casale, Chairman and Chief Executive Officer. In addition to the revolving credit facility we secured in April, I am... More