Essent Group Ltd
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
ESNT$64.68-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| (In thousands) | 2024 | 2023 | 2024 | 2023 |
| Common Shares | ||||
| Balance, beginning of period | $1,601 | $1,615 | $1,599 | $1,615 |
| Issuance of management incentive shares | 1 | — | 8 | 8 |
| Forfeiture of management incentive shares | — | — | (1) | — |
| Cancellation of treasury stock | (6) | (10) | (10) | (18) |
| Balance, end of period | 1,596 | 1,605 | 1,596 | 1,605 |
| Additional Paid-In Capital | ||||
| Balance, beginning of period | 1,293,424 | 1,334,607 | 1,299,869 | 1,350,377 |
| Dividends and dividend equivalents declared | 514 | 415 | 803 | 818 |
| Issuance of management incentive shares | (1) | — | (8) | (8) |
| Forfeiture of management incentive shares | — | — | 1 | — |
| Stock-based compensation expense | 6,972 | 4,354 | 13,792 | 9,460 |
| Cancellation of treasury stock | (21,991) | (29,542) | (35,539) | (50,813) |
| Balance, end of period | 1,278,918 | 1,309,834 | 1,278,918 | 1,309,834 |
| Accumulated Other Comprehensive Loss | ||||
| Balance, beginning of period | (302,262) | (324,037) | (280,496) | (382,790) |
| Other comprehensive income (loss) | (5,375) | (36,098) | (27,141) | 22,655 |
| Balance, end of period | (307,637) | (360,135) | (307,637) | (360,135) |
| Retained Earnings | ||||
| Balance, beginning of period | 4,233,391 | 3,636,756 | 4,081,578 | 3,493,107 |
| Net income | 203,609 | 172,233 | 385,328 | 343,060 |
| Dividends and dividend equivalents declared | (30,087) | (26,941) | (59,993) | (54,119) |
| Balance, end of period | 4,406,913 | 3,782,048 | 4,406,913 | 3,782,048 |
| Treasury Stock | ||||
| Balance, beginning of period | — | — | — | — |
| Treasury stock acquired | (21,997) | (29,552) | (35,549) | (50,831) |
| Cancellation of treasury stock | 21,997 | 29,552 | 35,549 | 50,831 |
| Balance, end of period | — | — | — | — |
| Total Stockholders' Equity | $5,379,790 | $4,733,352 | $5,379,790 | $4,733,352 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.