Enact Holdings, Inc. (ACT) Form 10-Q — Nov 5, 2026
Enact Holdings reported Q3 2026 net income of $158.9 million, down 3% from $163.5 million a year earlier, with EPS of $1.16 (vs $1.11) aided by ongoing share repurchases. Nine-month net income rose 1% to $501.5 million, or $3.60 basic EPS, and adjusted operating income of $164.2 million for the quarter was roughly flat year over year. Credit metrics deteriorated modestly: the loss ratio rose to 20% from 15%, with 14,401 current-period primary delinquencies contributing $83 million of loss expense, and the delinquency rate climbed to 2.79% from 2.45%. Favorable prior-year reserve development of $37 million partially cushioned the quarter.
Key figures
- Eps
- 1.16
- Revenue
- 312854000
- Net Income
- 158909000
- Total Debt
- 745616000
- Revenue Yoy
- 0% (Q3 total revenues $312.9M vs $311.5M)
- Total Assets
- 6790989000
- Cash Position
- 504609000
- Shares Outstanding
- 134441790
- Niw q3
- $14.1 billion
- Primary iif
- $275,068 million
- Q3 loss ratio
- 20% vs 15% prior year
- Delinquency rate
- 2.79% vs 2.45%
- Q3 expense ratio
- 21%
- Buyback 9m shares
- 6921903
- Buyback remaining
- 257000000
- Senior notes rate
- 6.25% due 2029
- Q3 2026 diluted eps
- 1.15
- Buyback 9m avg price
- 43.92
- Nine month net income
- 501519000
- Risk to capital ratio
- 9.9:1
- Pmiers sufficiency ratio
- 158% ($1,827M above requirements)
- Quarterly dividend per share
- 0.24
AI analysis
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