secwatch.observer — SEC 8-K summary
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Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001783398-22-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Holdings Q4 net income $239.8M on $55.2B volume; Q1 guidance $33-42B
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- Net income $239.8M in Q4 2021, down from $1.4B in Q4 2020; full year net income $1.6B ($0.66 diluted EPS).
- Total gain margin fell to 80 bps in Q4 from 305 bps a year ago; purchase originations surged 103% to $24.5B.
- Board declared $0.10/share dividend payable April 11 to March 14 record date.
- Q1 2022 guidance: production $33-$42B, gain margin 75-85 bps.
- Stock buyback: 8.76M shares repurchased for $60.6M at avg $6.93 in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339822000007/0001783398-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339822000007/xbrl-20220301.htm
  HTML page:      https://secwatch.observer/filing/0001783398-22-000007

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