Essent Group Posts $195 Million Profit

Essent Group(NYSE:ESNT) reported second-quarter 2025 results on Aug. 8, 2025, with GAAP net income of $195 million, diluted EPS of $1.93, and annualized return on average equity of 14%. Insurance in force reached $247 billion (up 3% year over year) as of June 30, 2025, and persistency was 85.8%. The company highlighted disciplined capital deployment, robust portfolio credit quality, and technology-driven credit pricing as key themes for the quarter.

During the second quarter, Essent Group repurchased $171 million in shares (3 million shares), followed by an additional $59 million in July, and declared a $0.31 per share dividend for 2025. The company maintained a $5.7 billion GAAP equity base and a 176% Private Mortgage Insurer Eligibility Requirements (PMIERs) sufficiency ratio as of June 30, 2025, and referenced a forthcoming investor deck on embedded value calculations.

This ongoing capital return program, supported by strong capital ratios and embedded value, signals management’s confidence in the long-term franchise value and its commitment to shareholder value creation.

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Source Fool.com