Essent Group (ESNT) Tops Q2 EPS by 8c
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Essent Group Ltd. Reports Second Quarter 2018 Results
August 3, 2018 6:30 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended June 30, 2018 of $111.8 million or $1.14 per diluted share, compared to $72.1 million or $0.77 per diluted share for the quarter ended June 30, 2017. As of June 30, 2018, Essent had insurance in force of $122.5 billion and consolidated stockholders' equity of $2.1 billion.
During the second quarter we continued to build a high credit quality and profitable mortgage insurance portfolio, said Mark Casale, Chairman and Chief Executive Officer. The growth of our insurance in force coupled with our ability to utilize multiple forms... More
