Stonegate Mortgage Corp (SGM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
| State of Incorp. | OH |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6162 - Mortgage Bankers and Loan Correspondents (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 26,258 | 32,463 | 45,382 | 43,104 | |||
| Cash and cash equivalents | 26,258 | 32,463 | 45,382 | 43,104 | |||
| Funds held for clients | 311,329 | 342,474 | 380,576 | 155,562 | |||
| Disposal group, including discontinued operation | 1,048,347 | ||||||
| Total current assets: | 337,587 | 374,937 | 1,474,305 | 198,666 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 14,839 | 22,923 | 17,047 | 12,640 | |||
| Long-term investments and receivables | 440 | ||||||
| Long-term investments | 440 | ||||||
| Intangible assets, net (including goodwill), including: | 6,416 | 6,902 | 7,390 | 5,434 | |||
| Goodwill | 4,265 | 4,265 | 4,265 | 3,638 | |||
| Intangible assets, net (excluding goodwill) | 2,151 | 2,637 | 3,125 | 5,434 | |||
| Other undisclosed intangible assets, net (including goodwill) | (3,638) | ||||||
| Total noncurrent assets: | 21,255 | 29,825 | 24,437 | 18,514 | |||
| Other undisclosed assets | 817,900 | 875,864 | 97,809 | 772,709 | |||
| TOTAL ASSETS: | 1,176,742 | 1,280,626 | 1,596,551 | 989,889 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Debt | 741,057 | 893,210 | 1,144,187 | 579,061 | |||
| Total current liabilities: | 741,057 | 893,210 | 1,144,187 | 579,061 | |||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 175,736 | 125,788 | 172,289 | 103,327 | |||
| Total liabilities: | 916,793 | 1,018,998 | 1,316,476 | 682,388 | |||
| Equity | |||||||
| Equity, attributable to parent, including: | 259,949 | 261,628 | 280,075 | 307,501 | |||
| Additional paid in capital | 272,307 | 270,906 | 267,083 | 263,830 | |||
| Retained earnings (accumulated deficit) | (12,624) | (9,542) | 12,728 | 43,407 | |||
| Other undisclosed equity, attributable to parent | 266 | 264 | 264 | 264 | |||
| Total equity: | 259,949 | 261,628 | 280,075 | 307,501 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,176,742 | 1,280,626 | 1,596,551 | 989,889 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|
| Revenues | 175,959 | 182,740 | 185,617 | 157,947 | ||
| Net investment income | 32,980 | 34,117 | 39,857 | |||
| Financial services revenue | 189,892 | 220,547 | 228,149 | 16,767 | ||
| Cost of revenue | (149,306) | (172,254) | (192,230) | (98,176) | ||
| Gross profit: | 26,653 | 10,486 | (6,613) | 59,771 | ||
| Operating expenses | (29,854) | (32,260) | (40,499) | (23,550) | ||
| Operating income (loss): | (3,201) | (21,774) | (47,112) | 36,221 | ||
| Interest and debt expense | (27,263) | (31,063) | (27,225) | (14,426) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 27,263 | 31,063 | 27,225 | 14,426 | ||
| Income (loss) from continuing operations before income taxes: | (3,201) | (21,774) | (47,112) | 36,221 | ||
| Income tax expense (benefit) | 119 | 5,533 | 16,433 | (13,623) | ||
| Income (loss) from continuing operations: | (3,082) | (16,241) | (30,679) | 22,598 | ||
| Income (loss) before gain (loss) on sale of properties: | (3,082) | (22,270) | (30,679) | 22,598 | ||
| Loss from discontinued operations | (6,029) | |||||
| Net income (loss) attributable to parent: | (3,082) | (22,270) | (30,679) | 22,598 | ||
| Preferred stock dividends and other adjustments | (27) | |||||
| Other undisclosed net income available to common stockholders, basic | 6,029 | |||||
| Net income (loss) available to common stockholders, diluted: | (3,082) | (16,241) | (30,679) | 22,571 | ||
Comprehensive Income ($ in thousands)
| 3/31/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (3,082) | (22,270) | (30,679) | 22,598 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,082) | (22,270) | (30,679) | 22,598 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.