Essent Group Ltd.

For the period ended Mar 31, 2025. Filed May 9, 2025.

About this filing

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.

Mar 31, 2025 · Filed May 9, 2025

ESNT$64.68-1.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Comprehensive Income (Unaudited)

	Three Months Ended March 31,
(In thousands, except per share amounts)	2025	2024
Revenues:
Net premiums written	$238,271	$238,540
Decrease in unearned premiums	7,577	7,050
Net premiums earned	245,848	245,590
Net investment income	58,210	52,085
Realized investment losses, net	(181)	(1,140)
Income (loss) from other invested assets	7,408	(1,915)
Other income	6,273	3,737
Total revenues	317,558	298,357
Losses and expenses:
Provision for losses and LAE	31,287	9,913
Other underwriting and operating expenses	71,124	66,840
Interest expense	8,148	7,862
Total losses and expenses	110,559	84,615
Income before income taxes	206,999	213,742
Income tax expense	31,566	32,023
Net income	$175,433	$181,719
Earnings per share:
Basic	$1.71	$1.72
Diluted	1.69	1.70
Weighted average shares outstanding:
Basic	102,881	105,697
Diluted	103,946	106,770
Net income	$175,433	$181,719
Other comprehensive income (loss):
Change in unrealized appreciation (depreciation) of investments, net of tax expense (benefit) of $11,295 and ($3,122) in the three months ended March 31, 2025 and 2024, respectively.	71,738	(21,766)
Total other comprehensive income (loss)	71,738	(21,766)
Comprehensive income	$247,171	$159,953

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.