Essent Group provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. The company also provides information technology maintenance and development services; customer support-related services; and contract underwriting services. It serves originators of residential mortgage loans, such as regulated depository institutions, mortgage banks, credit unions, and other lenders.

Employee Rating

4.6More
TypePublic
HQHamilton, BM
Founded2008
Size (employees)392 (est)
Websiteessentgroup.com
Essent Group was founded in 2008 and is headquartered in Hamilton, BM
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Key People/Management at Essent Group

Mark A. Casale

Mark A. Casale

Chairman, President & CEO
Vijay Bhasin

Vijay Bhasin

Senior Vice President, Chief Risk Officer
Joseph G. Hissong

Joseph G. Hissong

President, Essent Reinsurance Ltd.
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Essent Group Office Locations

Essent Group has an office in Hamilton
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Essent Group Financials and Metrics

Essent Group Revenue

Essent Group's revenue was reported to be $576.51 m in FY, 2017
USD

Revenue (Q2, 2018)

173.8m

Net income (Q2, 2018)

111.8m

Market capitalization (15-Jan-2019)

3.6b

Closing stock price (15-Jan-2019)

37.2

Cash (30-Jun-2018)

24.7m
Essent Group's current market capitalization is $3.6 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

353.3m458.3m576.5m

Interest expense

5.2m

Pre tax profit

228.4m311.9m398.6m

Income tax expense

89.3m18.8m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Revenue

47.8m54.3m64.6m80.0m84.1m91.7m102.5m108.2m121.3m127.6m167.5m173.8m

Interest expense

716.0k2.5m2.6m

Pre tax profit

23.5m29.7m38.8m50.5m54.6m59.6m67.3m73.8m83.4m86.9m121.6m132.9m

Income tax expense

8.5m10.1m13.7m15.7m17.4m18.8m19.4m21.5m23.7m20.3m10.5m21.2m
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

24.6m27.5m43.5m

Accounts Receivable

16.6m21.6m29.8m

Inventories

1.3b1.6b2.3b

PP&E

9.0m7.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Cash

8.8m14.2m17.6m21.9m25.6m18.7m28.2m16.2m16.3m19.7m33.0m24.7m

Accounts Receivable

10.3m12.2m13.2m15.8m15.0m17.1m17.2m21.1m20.3m23.5m46.0m35.3m

Inventories

847.3m845.9m897.2m1.1b1.2b1.2b1.4b1.4b1.6b1.7b2.5b2.6b

PP&E

4.4m5.2m8.6m8.3m8.2m6.6m7.3m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

157.3m222.6m379.7m

Depreciation and Amortization

3.2m4.1m3.9m

Accounts Payable

6.6m

Cash From Operating Activities

224.1m273.5m368.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

15.0m34.6m59.6m34.8m37.2m40.8m48.0m52.3m159.9m66.6m111.1m222.8m

Depreciation and Amortization

546.0k1.2m1.8m3.1m1.0m897.0k1.7m

Accounts Payable

(7.5m)(5.8m)(223.0k)

Cash From Operating Activities

12.5m45.2m101.6m198.8m77.9m221.9m342.7m
USDY, 2018

Financial Leverage

1.4 x
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Essent Group Company Life and Culture

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Essent Group Frequently Asked Questions

  • When was Essent Group founded?

    Essent Group was founded in 2008.

  • Who are Essent Group key executives?

    Essent Group's key executives are Mark A. Casale, Vijay Bhasin and Joseph G. Hissong.

  • How many employees does Essent Group have?

    Essent Group has 392 employees.

  • What is Essent Group revenue?

    Latest Essent Group annual revenue is $576.5 m.

  • What is Essent Group revenue per employee?

    Latest Essent Group revenue per employee is $1.5 m.

  • Who are Essent Group competitors?

    Competitors of Essent Group include Radian Group, OceanFirst Financial and MGIC Investment Corporation.

  • Where are Essent Group offices?

    Essent Group has an office in Hamilton.

  • How many offices does Essent Group have?

    Essent Group has 1 office.