Essent Group (ESNT) Tops Q3 EPS by 5c

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Essent Group Ltd. Reports Third Quarter 2017 Results

November 9, 2017 6:30 AM EST

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended September 30, 2017 of $78.4 million or $0.82 per diluted share, compared to $59.7 million or $0.65 per diluted share for the quarter ended September 30, 2016. As of September 30, 2017, Essent had insurance in force of $103.9 billion and consolidated stockholders equity of $1.8 billion.

"During the third quarter we continued building a high credit quality and profitable mortgage insurance portfolio, said Mark Casale, Chairman and Chief Executive Officer. Additionally, I am pleased that we have now surpassed $100 billion of insurance in force which is a significant... More