secwatch.observer — SEC 8-K summary
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Issuer:     Guild Holdings Co (—)
CIK:        0001821160
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001821160-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guild Q1 net income $28.5M; origins $3.9B; declares $0.50 special dividend
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- Net income attributable to Guild of $28.5M vs net loss $93M in Q4 2023; adjusted net income $8.0M.
- Total originations $3.9B (+6% QoQ); 91% purchase; gain on sale margin 364 bps (up 34 bps).
- Completed acquisition of Academy Mortgage (600+ originators) in quarter.
- Board declared $0.50 special dividend payable June 6 to holders of record May 20.
- Servicing portfolio UPB $86.3B (+2% QoQ); leverage 1.6x; tangible book value $16.05.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821160/000182116024000028/0001821160-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821160/000182116024000028/ghld-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001821160-24-000028

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