Enact Q1 net income rises to $166 million; board approves $350 million buyback
Enact Holdings reported first-quarter 2025 GAAP net income of $166 million, or $1.08 per diluted share, up from $161 million, or $1.01 per diluted share, a year earlier. The board also approved a share repurchase program of up to $350 million and raised the quarterly dividend 14% to $0.21 per share, which affects shareholder returns.
Key points
- GAAP net income was $166 million, or $1.08 per diluted share, versus $161 million, or $1.01, in Q1 2024
- Adjusted operating income was $169 million, or $1.10 per diluted share, versus $166 million, or $1.04, in Q1 2024
- New insurance written was about $10 billion, down 26% from Q4 2024 and down 7% from Q1 2024
- Board approved a repurchase program of up to $350 million; quarterly dividend raised from $0.185 to $0.21, payable June 11, 2025, to holders of record May 19, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.