Essent Group Q4 net income rises to $175.4 million; full-year profit falls
Essent Group reported fourth-quarter 2023 net income of $175.4 million, or $1.64 per diluted share, up from $147.4 million, or $1.37 per diluted share, a year earlier. Full-year 2023 net income was $696.4 million, or $6.50 per diluted share, down from $831.4 million, or $7.72 per diluted share, in 2022. The board also declared a quarterly dividend of $0.28 per share.
- Q4 2023 net income $175.4 million, $1.64 per diluted share, vs. $147.4 million, $1.37 in Q4 2022
- Full-year 2023 net income $696.4 million, $6.50 per diluted share, vs. $831.4 million, $7.72 in 2022
- Quarterly dividend of $0.28 per share, payable March 22, 2024, to holders of record March 13, 2024
- Q4 2023 new insurance written was $8.8 billion, vs. $13.0 billion in Q4 2022