Essent Group Q1 2024 net income rises to $181.7 million, or $1.70 per share
Essent Group reported first-quarter 2024 net income of $181.7 million, or $1.70 per diluted share, up from $170.8 million, or $1.59 per diluted share, a year earlier. Total revenues rose to $298.4 million from $256.2 million, while new insurance written fell to $8.3 billion from $12.9 billion in the first quarter of 2023. The board also declared a $0.28 quarterly dividend.
Key points
- Net income of $181.7 million, or $1.70 per diluted share, versus $170.8 million, or $1.59, in Q1 2023
- Total revenues of $298.4 million, versus $256.2 million in Q1 2023
- New insurance written of $8.3 billion, down from $12.9 billion in Q1 2023 and $8.8 billion in Q4 2023
- Quarterly cash dividend of $0.28 per share, payable June 10, 2024, to holders of record on May 31, 2024
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing 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 May 03, 2024.
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