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Stock impact report

Guild Holdings Company Reports Third Quarter 2024 Results

Guild Holdings Company Class A (GHLD) 
Company Research Source: Business Wire
Originations of $6.9 BillionNet Revenue of $159.3 MillionNet Loss Attributable to Guild of $66.9 MillionAdjusted Net Income of $31.7 MillionReturn on Equity of (22.5%) and Adjusted Return on Equity of 10.6%Gain on Sale Margin on Originations of 333 bps88% of Loan Volume were Purchase Originations SAN DIEGO--(BUSINESS WIRE)--Guild Holdings Company (NYSE: GHLD) (“Guild” or the “Company”), a growth-oriented mortgage company that employs a relationship-based loan sourcing strategy to execute on its mission of delivering the promise of homeownership, today announced results for the third quarter ended September 30, 2024.“I am pleased to report that our third quarter results demonstrate continued positive momentum, reflecting the successful execution of our strategy to invest in our growth through the downturn,” stated Terry Schmidt, Guild Chief Executive Officer. “We are now realizing robust growth through a combination of our recent acquisitions and impressive organic recruiting effort Show less Read more
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