• Essent Group average return on tangible equity for 2012-12-31 was 0, a 0% decline from 2013-03-31.
• Essent Group average return on tangible equity for 2013-03-31 was 0, a 0% decline from 2013-06-30.
• Essent Group average return on tangible equity for 2013-06-30 was 0, a 0% decline from 2013-09-30.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.