secwatch.observer — SEC 8-K summary
======================================

Issuer:     UWM Holdings Corp (UWMC)
CIK:        0001783398
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001783398-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UWM Q4 net income $164.5M on $49.6B originations; dividend $0.10; Two Harbors acquisition pending
--------------------------------------------------------------------------------

- Q4 total revenue $945.2M, net income $164.5M, adjusted EBITDA $232.8M.
- Loan origination volume $49.6B in Q4, highest quarterly volume since 2021; full year $163.4B.
- Board declared $0.10 per share dividend payable Apr 9, 2026 to holders of record Mar 19.
- Announces agreement to acquire Two Harbors Investment Corp. (TWO) in all-stock transaction.
- Full year 2025 net income $244.0M vs $329.4M in 2024; gain margin improved to 116 bps from 110 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783398/000178339826000010/0001783398-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783398/000178339826000010/xbrl-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001783398-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer