MARKET COMPOSITE
GHLD - Guild Holdings Co8:00:02 PM 4/18/2024
Price
$14.00
+ 0.00 (0.00%)
Founded in 1960 when the modern U.S. mortgage industry was just forming, Guild Mortgage Co. is a nationally recognized independent mortgage lender offering a wide range of residential mortgage products and local in-house processing, underwriting and funding. Its collegial and entrepreneurial culture enables it to deliver unsurpassed levels of customer service. Having been through every economic cycle, the company has grown 15-fold since 2007, and now has more than 4,000 employees and 344 branch and satellite offices in 29 states. Guild's highly trained loan professionals are experienced in government-sponsored programs such as FHA, VA, USDA, low down payment assistance programs and other specialized loan programs. The company generated $15.94 billion in loan volume in 2017, as compared to $1.23 billion in 2007. In addition, Guild services more than 190,000 loans, which totaled $38.55 billion in 2017. It has correspondent banking relationships with credit unions and community banks in 47 states.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue57.2MM-78%
Operating Income-119.3MM-262%
Operating Expenses176.5MM-4%
Net Income-93MM-271%
G&A64.4MM-
Compensation131.2MM-8%
Amortization3.5MM-4%
Interest Expense17.4MM-10%
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