Essent Group (ESNT) Tops Q2 EPS by 64c

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Essent Group Ltd. Announces Second Quarter 2022 Results and Increases Quarterly Dividend

August 5, 2022 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended June 30, 2022 of $231.8 million or $2.16 per diluted share, compared to $159.8 million or $1.42 per diluted share for the quarter ended June 30, 2021.

Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.22 per common share. The dividend is payable on September 12, 2022, to shareholders of record on September 1, 2022.

We are pleased with our strong financial results for the second quarter, which reflect the continued favorable credit performance of our portfolio, said Mark A.... More