Guild Holdings Company (GHLD) financial statements (2022 and earlier)
Company profile
| Business Address |
5887 COPLEY DRIVE SAN DIEGO, CA 92111 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6162 - Mortgage Bankers and Loan Correspondents (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 243 | 335 | ||
| Cash and cash equivalents | 243 | 335 | ||
| Receivables | 39 | |||
| Total current assets: | 282 | 335 | ||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 86 | 88 | ||
| Inventory, real estate | 0 | 1 | ||
| Property, plant and equipment | 16 | 15 | ||
| Intangible assets, net (including goodwill) | 216 | 63 | ||
| Goodwill | 175 | 63 | ||
| Intangible assets, net (excluding goodwill) | 41 | |||
| Total noncurrent assets: | 319 | 166 | ||
| Other undisclosed assets | 3,782 | 4,317 | ||
| TOTAL ASSETS: | 4,383 | 4,818 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Debt | 2,657 | 2,143 | ||
| Total current liabilities: | 2,657 | 2,143 | ||
| Noncurrent Liabilities | ||||
| Liabilities, other than long-term debt | 142 | 89 | ||
| Deferred income tax liabilities | 142 | 89 | ||
| Total noncurrent liabilities: | 142 | 89 | ||
| Other undisclosed liabilities | 664 | 1,849 | ||
| Total liabilities: | 3,463 | 4,082 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent, including: | 919 | 736 | ||
| Additional paid in capital | 42 | 18 | ||
| Retained earnings | 877 | 717 | ||
| Other undisclosed stockholders' equity attributable to parent | 1 | |||
| Stockholders' equity attributable to noncontrolling interest | 0 | |||
| Other undisclosed stockholders' equity | 1 | |||
| Total stockholders' equity: | 920 | 736 | ||
| TOTAL LIABILITIES AND EQUITY: | 4,383 | 4,818 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Revenues | 259 | 218 | |
| Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset | 195 | 160 | |
| Net investment income | 64 | 58 | |
| Gross profit: | 259 | 218 | |
| Operating expenses | (1,189) | (1,128) | |
| Other operating income, net | 0 | 1 | |
| Operating loss: | (930) | (909) | |
| Nonoperating expense (Mortgage Servicing Rights (MSR) Impairment (Recovery)) | (102) | (296) | |
| Interest and debt expense | (62) | (60) | |
| Loss from continuing operations before equity method investments, income taxes: | (1,094) | (1,266) | |
| Other undisclosed income from continuing operations before income taxes | 1,481 | 1,760 | |
| Income from continuing operations before income taxes: | 387 | 494 | |
| Income tax expense | (103) | (123) | |
| Net income: | 284 | 371 | |
| Net loss attributable to noncontrolling interest | (0) | ||
| Net income available to common stockholders, diluted: | 284 | 371 | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|
| Net income: | 284 | 371 | |
| Comprehensive income: | 284 | 371 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | ||
| Comprehensive income, net of tax, attributable to parent: | 284 | 371 | |
Statements sources
The financial statements are based on the company's filings with the 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.