GHLD · As filed with the SEC
Guild Holdings income statement, by fiscal year
The statement as Guild Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | |||||
| Loan origination fees and gain on sale of loans, net | 763,791 | 501,303 | 703,674 | 1,480,516 | 1,759,871 |
| Gain on reverse mortgage loans held for investment and HMBS-related borrowings, net | 11,043 | 8,233 | — | — | — |
| Loan servicing and other fees | 275,324 | 246,144 | 223,403 | 194,759 | 160,237 |
| Valuation adjustment of mortgage servicing rights | (38,545) | (139,560) | 217,551 | (101,572) | (296,307) |
| Interest income | 146,449 | 104,404 | 68,144 | 64,110 | 57,649 |
| Interest expense | — | (66,364) | (49,240) | (61,590) | (60,168) |
| Interest expense | (109,843) | — | — | — | — |
| Other income, net | 1,492 | 1,027 | 1,289 | 87 | 765 |
| Net revenue | 1,049,711 | 655,187 | 1,164,821 | 1,576,310 | 1,622,047 |
| Expenses | |||||
| Salaries, incentive compensation and benefits | 724,256 | 529,861 | 619,185 | 1,019,790 | 953,758 |
| General and administrative | 107,104 | 83,213 | 38,085 | 91,291 | 101,948 |
| Occupancy, equipment and communication | 82,539 | 72,476 | 71,707 | 67,328 | 57,070 |
| Depreciation and amortization | 15,138 | 14,580 | 15,525 | 11,488 | 7,501 |
| Provision for foreclosure losses | — | — | — | (518) | 7,700 |
| Provision for foreclosure losses | 1,617 | 1,188 | 300 | — | — |
| Total expenses | 930,654 | 701,318 | 744,802 | 1,189,379 | 1,127,977 |
| Income (loss) before income taxes | 119,057 | (46,131) | 420,019 | 386,931 | 494,070 |
| Income tax expense (benefit) | 22,125 | (6,994) | 91,389 | 103,149 | 123,493 |
| Net income (loss) | 96,932 | (39,137) | 328,630 | 283,782 | 370,577 |
| Net loss attributable to non-controlling interests | (199) | (128) | 32 | 9 | 0 |
| Net income (loss) attributable to Guild | 97,131 | (39,009) | 328,598 | 283,773 | 370,577 |
| Earnings (loss) per share attributable to Class A and Class B common stock: | |||||
| Basic (in dollars per share) | 1.58 | (0.64) | 5.39 | 4.69 | 6.18 |
| Diluted (in dollars per share) | 1.56 | (0.64) | 5.35 | 4.67 | 6.17 |
| Weighted average shares outstanding of Class A and Class B common stock: | |||||
| Basic (in shares) | 61,402 | 60,967 | 60,981 | 60,511 | 60,000 |
| Diluted (in shares) | 62,105 | 60,967 | 61,379 | 60,825 | 60,056 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.