Essent’s Net Income Increases 39% on New Policy Growth

National Mortgage News, May 5, 2017–Brad Finkelstein (subscription)
Essent Group Ltd., the Hamilton, Bermuda-based parent of Essent Guaranty, reported first-quarter net income of $66.6 million. This was an increase of nearly 39% over the $48 million net income for the first quarter of 2016. Total revenue increased to $127.6 million from $102.5 million one year ago.