Guild Holdings Co (N:GHLD)

Sector:  Financials Industry:  Consumer Lending
 
See Regulatory Filings on SEC
Company Contact
Address: 5887 Copley Drive
SAN DIEGO CA 92111
Tel: N/A
Website: N/A
IR: N/A
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Key People
Patrick J. Duffy
Chairman of the Board
David Manuel Neylan
President, Chief Operating Officer
Terry L. Schmidt
Chief Executive Officer, Director
Desiree A. Kramer
Chief Financial Officer, Senior Vice President
   
Business Overview
Guild Holdings Company is a mortgage company. It is engaged in providing residential mortgage products and local in-house origination and servicing. Its segments include Origination and Servicing. The Origination segment operates its loan origination business throughout the United States. The Origination segment is responsible for loan origination, acquisition and sale activities. The Servicing segment provides a steady stream of cash flow to support the origination segment. The Servicing segment is responsible for the servicing activities of all loans in the Company's servicing portfolio, which includes collection and remittance of loan payments, managing borrower's impound accounts for taxes and insurance, loan payoffs, loss mitigation and foreclosure activities. It has developed its in-house servicing platform. Its servicing segment is based out of its servicing center in San Diego, California, and it is a licensed mortgage servicer in 49 states and the District of Columbia.
Financial Overview
For the fiscal year ended 31 December 2023, Guild Holdings Co revenues decreased 14% to $852.9M. Net loss totaled $39M vs. income of $328.6M. Revenues reflect Servicing segment decrease of 67% to $149.3M, Origination segment decrease of 28% to $516.4M. Net loss reflects Fair Value Adjustments on Other Assets increase from $217.6M (income) to $139.6M (expense).
Employees: 4,200 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,720M as of Dec 31, 2023
Annual revenue (TTM): $852.88M as of Dec 31, 2023
EBITDA (TTM): $34.93M as of Dec 31, 2023
Net annual income (TTM): -$39.01M as of Dec 31, 2023
Free cash flow (TTM): -$97.23M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,865M as of Dec 31, 2023
Shares outstanding: 61,102,586 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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