S-1 Filing
Filing Information
| Form Type | S-1 |
| Accession Number | 0001193125-21-331252 |
| Period End Date | 20210930 |
| Filing Date | 20211116 |
| Fiscal Year | N/A |
| Fiscal Period | N/A |
| XBRL Instance | d398296ds1_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Related party operating lease right-of-use asset |
RelatedPartyOperatingLeaseAssets
|
$92.57M | USD | Point-in-time |
| Related party operating lease right-of-use asset |
RelatedPartyOperatingLeaseAssets
|
$105.59M | USD | Point-in-time |
| Related party operating lease right-of-use asset |
RelatedPartyOperatingLeaseAssets
|
$73.19M | USD | Point-in-time |
| Related party finance lease right-of-use asset |
FinanceLeaseRightOfUseAssetAfterAccumulatedAmortizationRelatedParty
|
$29.13M | USD | Point-in-time |
| Related party finance lease right-of-use asset |
FinanceLeaseRightOfUseAssetAfterAccumulatedAmortizationRelatedParty
|
- | USD | Point-in-time |
| Related party operating lease liabilities |
RelatedPartyOperatingLeaseLiabilities
|
$104.01M | USD | Point-in-time |
| Related party operating lease liabilities |
RelatedPartyOperatingLeaseLiabilities
|
$85.48M | USD | Point-in-time |
| Related party operating lease liabilities |
RelatedPartyOperatingLeaseLiabilities
|
$117.52M | USD | Point-in-time |
| Related party finance lease liability |
FinanceLeaseLiabilityRelatedParty
|
$29.46M | USD | Point-in-time |
| Related party finance lease liability |
FinanceLeaseLiabilityRelatedParty
|
- | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$950.91M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.22B | USD | Point-in-time |
| Mortgage loans at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$7.92B | USD | Point-in-time |
| Mortgage loans at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$11.74B | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$143.81M | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$61.07M | USD | Point-in-time |
| Investment securities at fair value, pledged |
RetainedInterest
|
- | USD | Point-in-time |
| Investment securities at fair value, pledged |
RetainedInterest
|
$41.81M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$340.03M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$253.60M | USD | Point-in-time |
| Mortgage servicing rights - fair value as of September 30, 2021; amortized cost as of December 31, 2020 (see Note 1 and Note 5) |
ServicingAsset
|
$1.76B | USD | Point-in-time |
| Mortgage servicing rights - fair value as of September 30, 2021; amortized cost as of December 31, 2020 (see Note 1 and Note 5) |
ServicingAsset
|
$2.90B | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$145.77M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$107.57M | USD | Point-in-time |
| Operating lease right-of-use asset, net (includes $105,594 and $92,571 with related parties) |
OperatingLeaseRightOfUseAsset
|
$93.10M | USD | Point-in-time |
| Operating lease right-of-use asset, net (includes $105,594 and $92,571 with related parties) |
OperatingLeaseRightOfUseAsset
|
$105.90M | USD | Point-in-time |
| Operating lease right-of-use asset, net (includes $105,594 and $92,571 with related parties) |
OperatingLeaseRightOfUseAsset
|
$79.50M | USD | Point-in-time |
| Finance lease right-of-use asset (includes $29,129 and $0 with related parties) |
FinanceLeaseRightOfUseAsset
|
$22.93M | USD | Point-in-time |
| Finance lease right-of-use asset (includes $29,129 and $0 with related parties) |
FinanceLeaseRightOfUseAsset
|
- | USD | Point-in-time |
| Finance lease right-of-use asset (includes $29,129 and $0 with related parties) |
FinanceLeaseRightOfUseAsset
|
$60.11M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$55.66M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$57.99M | USD | Point-in-time |
| Total assets |
Assets
|
$16.48B | USD | Point-in-time |
| Total assets |
Assets
|
$11.49B | USD | Point-in-time |
| Warehouse lines of credit |
WarehouseLinesOfCreditFacility
|
$10.49B | USD | Point-in-time |
| Warehouse lines of credit |
WarehouseLinesOfCreditFacility
|
$6.94B | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$847.75M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$1.23B | USD | Point-in-time |
| Accrued dividends payable |
DividendsPayableCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Accrued dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$10.09M | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$61.43M | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$66.24M | USD | Point-in-time |
| Borrowings against investment securities |
SecuredDebt
|
- | USD | Point-in-time |
| Borrowings against investment securities |
SecuredDebt
|
$32.56M | USD | Point-in-time |
| Equipment note payable |
EquipmentNotePayable
|
$2.34M | USD | Point-in-time |
| Equipment note payable |
EquipmentNotePayable
|
$26.53M | USD | Point-in-time |
| Operating lines of credit |
LineOfCredit
|
$320.30M | USD | Point-in-time |
| Operating lines of credit |
LineOfCredit
|
- | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$1.48B | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$789.32M | USD | Point-in-time |
| Operating lease liability (includes $117,516 and $104,006 with related parties) |
OperatingLeaseLiability
|
$117.82M | USD | Point-in-time |
| Operating lease liability (includes $117,516 and $104,006 with related parties) |
OperatingLeaseLiability
|
$104.53M | USD | Point-in-time |
| Operating lease liability (includes $117,516 and $104,006 with related parties) |
OperatingLeaseLiability
|
$91.80M | USD | Point-in-time |
| Finance lease liability (includes $29,462 and $0 with related parties) |
FinanceLeaseLiability
|
$23.13M | USD | Point-in-time |
| Finance lease liability (includes $29,462 and $0 with related parties) |
FinanceLeaseLiability
|
- | USD | Point-in-time |
| Finance lease liability (includes $29,462 and $0 with related parties) |
FinanceLeaseLiability
|
$60.87M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.12B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$13.49B | USD | Point-in-time |
| Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of June 30, 2021 |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$24.84M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$313.00K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$129.81M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.35B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
- | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.86B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.69B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.78B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.37B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.99B | USD | Point-in-time |
| Total member's equity |
MembersEquity
|
$2.37B | USD | Point-in-time |
| Total member's equity |
MembersEquity
|
$681.50M | USD | Point-in-time |
| Total member's equity |
MembersEquity
|
$661.32M | USD | Point-in-time |
| Total member's equity |
MembersEquity
|
$2.02B | USD | Point-in-time |
| Total member's equity |
MembersEquity
|
$1.47B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$11.49B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$16.48B | USD | Point-in-time |
Income Statement
91 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan production income |
GainLossOnSalesOfLoansNet
|
$1.72B | USD | 1 Quarter |
| Loan production income |
GainLossOnSalesOfLoansNet
|
$589.46M | USD | 1 Quarter |
| Loan production income |
GainLossOnSalesOfLoansNet
|
$2.14B | USD | 3 Qtrs |
| Loan production income |
GainLossOnSalesOfLoansNet
|
$2.88B | USD | 3 Qtrs |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$174.69M | USD | 1 Quarter |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$182.66M | USD | 3 Qtrs |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$70.50M | USD | 1 Quarter |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$443.76M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights (see Note 5) |
ChangeInFairValueOfMortgageServicingRights
|
$-448.82M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights (see Note 5) |
ChangeInFairValueOfMortgageServicingRights
|
- | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights (see Note 5) |
ChangeInFairValueOfMortgageServicingRights
|
$-170.46M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights (see Note 5) |
ChangeInFairValueOfMortgageServicingRights
|
- | USD | 1 Quarter |
| Gain (loss) on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-65.82M | USD | 3 Qtrs |
| Gain (loss) on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-670.00K | USD | 3 Qtrs |
| Gain (loss) on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-5.44M | USD | 1 Quarter |
| Gain (loss) on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-324.00K | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$40.04M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$227.17M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$119.31M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$102.06M | USD | 1 Quarter |
| Total revenue, net |
Revenues
|
$3.12B | USD | 3 Qtrs |
| Total revenue, net |
Revenues
|
$1.83B | USD | 1 Quarter |
| Total revenue, net |
Revenues
|
$690.31M | USD | 1 Quarter |
| Total revenue, net |
Revenues
|
$2.36B | USD | 3 Qtrs |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$462.71M | USD | 3 Qtrs |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$206.17M | USD | 1 Quarter |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$550.98M | USD | 3 Qtrs |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$164.97M | USD | 1 Quarter |
| Direct loan production costs |
DirectLoanProductionCosts
|
$16.68M | USD | 1 Quarter |
| Direct loan production costs |
DirectLoanProductionCosts
|
$18.98M | USD | 1 Quarter |
| Direct loan production costs |
DirectLoanProductionCosts
|
$39.86M | USD | 3 Qtrs |
| Direct loan production costs |
DirectLoanProductionCosts
|
$47.66M | USD | 3 Qtrs |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$13.91M | USD | 3 Qtrs |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$37.14M | USD | 3 Qtrs |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$14.14M | USD | 1 Quarter |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$3.61M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$24.68M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$9.03M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.75M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$8.07M | USD | 3 Qtrs |
| Servicing costs |
ServicingCosts
|
$72.77M | USD | 3 Qtrs |
| Servicing costs |
ServicingCosts
|
$41.29M | USD | 3 Qtrs |
| Servicing costs |
ServicingCosts
|
$29.19M | USD | 1 Quarter |
| Servicing costs |
ServicingCosts
|
$15.32M | USD | 1 Quarter |
| Amortization, impairment and pay-offs of mortgage servicing rights (see Note 5) |
AmortizationImpairmentAndPayoffsOfMortgageServicingRights
|
- | USD | 1 Quarter |
| Amortization, impairment and pay-offs of mortgage servicing rights (see Note 5) |
AmortizationImpairmentAndPayoffsOfMortgageServicingRights
|
$357.73M | USD | 3 Qtrs |
| Amortization, impairment and pay-offs of mortgage servicing rights (see Note 5) |
AmortizationImpairmentAndPayoffsOfMortgageServicingRights
|
$68.93M | USD | 1 Quarter |
| Amortization, impairment and pay-offs of mortgage servicing rights (see Note 5) |
AmortizationImpairmentAndPayoffsOfMortgageServicingRights
|
- | USD | 3 Qtrs |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$96.87M | USD | 3 Qtrs |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$70.83M | USD | 3 Qtrs |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$28.48M | USD | 1 Quarter |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$39.15M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$113.68M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$215.88M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$90.22M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$40.62M | USD | 1 Quarter |
| Other (income)/expense |
OtherNonoperatingIncomeExpense
|
$27.54M | USD | 3 Qtrs |
| Other (income)/expense |
OtherNonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Other (income)/expense |
OtherNonoperatingIncomeExpense
|
$8.71M | USD | 1 Quarter |
| Other (income)/expense |
OtherNonoperatingIncomeExpense
|
- | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$382.57M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$1.02B | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$356.97M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$1.11B | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.01B | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.35B | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$333.34M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.45B | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$750.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$17.83M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$1.50M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$3.48M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$539.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$329.86M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.33B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$138.71M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.35M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.01B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$1.45B | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$304.61M | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.25B | USD | 3 Qtrs |
| Net income attributable to UWM Holdings Corporation |
NetIncomeLoss
|
$81.50M | USD | 3 Qtrs |
| Net income attributable to UWM Holdings Corporation |
NetIncomeLoss
|
$25.25M | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.25 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.80 | USD | 3 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.55 | USD | 3 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.16 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
102.25M | shares | 3 Qtrs |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
101.11M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.60B | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.60B | shares | 3 Qtrs |
Cash Flow Statement
106 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$539.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$329.86M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.33B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$138.71M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.35M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.01B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$1.45B | USD | 1 Quarter |
| Loss on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-65.82M | USD | 3 Qtrs |
| Loss on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-670.00K | USD | 3 Qtrs |
| Loss on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-5.44M | USD | 1 Quarter |
| Loss on sale of mortgage servicing rights |
GainLossOnSaleOfMortgageServicingRights
|
$-324.00K | USD | 1 Quarter |
| Reserve for representations and warranties |
ReserveForRepresentationsAndWarranties
|
$25.57M | USD | 3 Qtrs |
| Reserve for representations and warranties |
ReserveForRepresentationsAndWarranties
|
$34.26M | USD | 3 Qtrs |
| Capitalization of mortgage servicing rights |
MortgageServicingRightsCapitalized
|
$1.84B | USD | 3 Qtrs |
| Capitalization of mortgage servicing rights |
MortgageServicingRightsCapitalized
|
$1.34B | USD | 3 Qtrs |
| Retention of investment securities |
RetentionOfInvestmentSecurities
|
- | USD | 3 Qtrs |
| Retention of investment securities |
RetentionOfInvestmentSecurities
|
$42.16M | USD | 3 Qtrs |
| Amortization and pay-offs of mortgage servicing rights |
AmortizationAndPayoffsOfMortgageServicingRights
|
$325.57M | USD | 3 Qtrs |
| Amortization and pay-offs of mortgage servicing rights |
AmortizationAndPayoffsOfMortgageServicingRights
|
- | USD | 3 Qtrs |
| Impairment on mortgage servicing rights, net |
MortgageServicingRightsMSRImpairmentRecovery
|
- | USD | 3 Qtrs |
| Impairment on mortgage servicing rights, net |
MortgageServicingRightsMSRImpairmentRecovery
|
$32.16M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$-448.82M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
- | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$-170.46M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
- | USD | 1 Quarter |
| Depreciation and amortization of premises and equipment |
DepreciationAndAmortizationOfPremisesAndEquipment
|
$14.50M | USD | 3 Qtrs |
| Depreciation and amortization of premises and equipment |
DepreciationAndAmortizationOfPremisesAndEquipment
|
$8.07M | USD | 3 Qtrs |
| Senior notes issuance cost amortization |
AmortizationOfFinancingCosts
|
- | USD | 3 Qtrs |
| Senior notes issuance cost amortization |
AmortizationOfFinancingCosts
|
$2.08M | USD | 3 Qtrs |
| Amortization of finance lease right-of-use assets |
AmortizationOfFinanceLeaseRightOfUseAssets
|
$5.78M | USD | 3 Qtrs |
| Amortization of finance lease right-of-use assets |
AmortizationOfFinanceLeaseRightOfUseAssets
|
$10.17M | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.45M | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
- | USD | 3 Qtrs |
| Change in fair value of investment securities |
ChangeInFairValueOfRetainedInterest
|
- | USD | 3 Qtrs |
| Change in fair value of investment securities |
ChangeInFairValueOfRetainedInterest
|
$-149.00K | USD | 3 Qtrs |
| Decrease in fair value of warrants liability |
FairValueAdjustmentOfWarrants
|
$-30.94M | USD | 3 Qtrs |
| Decrease in fair value of warrants liability |
FairValueAdjustmentOfWarrants
|
- | USD | 3 Qtrs |
| Decrease in fair value of warrants liability |
FairValueAdjustmentOfWarrants
|
$-14.60M | USD | 2 Qtrs |
| Mortgage loans at fair value |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$3.82B | USD | 3 Qtrs |
| Mortgage loans at fair value |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-231.11M | USD | 3 Qtrs |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$66.20M | USD | 3 Qtrs |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$69.10M | USD | 3 Qtrs |
| Derivative assets |
IncreaseDecreaseInDerivativeAssets
|
$82.73M | USD | 3 Qtrs |
| Derivative assets |
IncreaseDecreaseInDerivativeAssets
|
$26.36M | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-4.16M | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$162.31M | USD | 3 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$292.02M | USD | 3 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$256.79M | USD | 3 Qtrs |
| Derivative liabilities |
IncreaseDecreaseInDerivativeLiabilities
|
$19.09M | USD | 3 Qtrs |
| Derivative liabilities |
IncreaseDecreaseInDerivativeLiabilities
|
$-4.80M | USD | 3 Qtrs |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.75B | USD | 3 Qtrs |
| Net cash (used in) provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.39B | USD | 3 Qtrs |
| Purchases of premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.67M | USD | 3 Qtrs |
| Purchases of premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$52.27M | USD | 3 Qtrs |
| Proceeds from sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$241.63M | USD | 3 Qtrs |
| Proceeds from sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$217.79M | USD | 3 Qtrs |
| Proceeds from principal payments on investment securities |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$206.00K | USD | 3 Qtrs |
| Proceeds from principal payments on investment securities |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
- | USD | 3 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$214.12M | USD | 3 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$189.57M | USD | 3 Qtrs |
| Net borrowings under warehouse lines of credit |
ProceedsFromBorrowingsUnderWarehouseLinesOfCreditNet
|
$-276.38M | USD | 3 Qtrs |
| Net borrowings under warehouse lines of credit |
ProceedsFromBorrowingsUnderWarehouseLinesOfCreditNet
|
$3.55B | USD | 3 Qtrs |
| Repayments of finance lease liabilities |
FinanceLeasePrincipalPayments
|
- | USD | 3 Qtrs |
| Repayments of finance lease liabilities |
FinanceLeasePrincipalPayments
|
$9.62M | USD | 3 Qtrs |
| Borrowings under equipment notes payable |
ProceedsFromNotesPayable
|
- | USD | 3 Qtrs |
| Borrowings under equipment notes payable |
ProceedsFromNotesPayable
|
$1.08M | USD | 3 Qtrs |
| Repayments under equipment notes payable |
RepaymentsOfNotesPayable
|
- | USD | 3 Qtrs |
| Repayments under equipment notes payable |
RepaymentsOfNotesPayable
|
$25.36M | USD | 3 Qtrs |
| Borrowings under operating lines of credit |
ProceedsFromLinesOfCredit
|
$79.70M | USD | 3 Qtrs |
| Borrowings under operating lines of credit |
ProceedsFromLinesOfCredit
|
$456.89M | USD | 3 Qtrs |
| Repayments under operating lines of credit |
RepaymentsOfLinesOfCredit
|
$512.60M | USD | 3 Qtrs |
| Repayments under operating lines of credit |
RepaymentsOfLinesOfCredit
|
$400.00M | USD | 3 Qtrs |
| Proceeds from borrowings against investment securities |
ProceedsFromIssuanceOfSecuredDebt
|
- | USD | 3 Qtrs |
| Proceeds from borrowings against investment securities |
ProceedsFromIssuanceOfSecuredDebt
|
$32.56M | USD | 3 Qtrs |
| Proceeds from issuance of senior notes |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
$700.00M | USD | 3 Qtrs |
| Proceeds from issuance of senior notes |
ProceedsFromIssuanceOfSeniorLongTermDebt
|
- | USD | 3 Qtrs |
| Discount and direct issuance costs on senior notes |
PaymentsOfDebtIssuanceCosts
|
$7.04M | USD | 3 Qtrs |
| Discount and direct issuance costs on senior notes |
PaymentsOfDebtIssuanceCosts
|
- | USD | 3 Qtrs |
| Proceeds from business combination transaction |
ProceedsFromBusinessCombinationInvestingActivity
|
- | USD | 3 Qtrs |
| Proceeds from business combination transaction |
ProceedsFromBusinessCombinationInvestingActivity
|
$895.13M | USD | 3 Qtrs |
| Costs incurred related to business combination transaction |
CostsIncurredRelatedToBusinessCombinationInvestingActivity
|
- | USD | 3 Qtrs |
| Costs incurred related to business combination transaction |
CostsIncurredRelatedToBusinessCombinationInvestingActivity
|
$11.26M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividends
|
- | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividends
|
$20.55M | USD | 3 Qtrs |
| Member contributions from SFS Corp. |
ProceedsFromMembersContributions
|
- | USD | 3 Qtrs |
| Member contributions from SFS Corp. |
ProceedsFromMembersContributions
|
$300.00M | USD | 3 Qtrs |
| Member distributions to SFS Corp. |
PaymentsOfDistributionsToAffiliates
|
$1.47B | USD | 3 Qtrs |
| Member distributions to SFS Corp. |
PaymentsOfDistributionsToAffiliates
|
$949.68M | USD | 3 Qtrs |
| Class A common stock repurchased |
PaymentsForRepurchaseOfCommonStock
|
$21.00M | USD | 3 Qtrs |
| Class A common stock repurchased |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-981.76M | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$3.29B | USD | 3 Qtrs |
| (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-272.93M | USD | 3 Qtrs |
| (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$622.51M | USD | 3 Qtrs |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$755.79M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$1.22B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$133.28M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$950.91M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$755.79M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$1.22B | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$133.28M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$950.91M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$176.30M | USD | 3 Qtrs |
| Cash paid for interest |
InterestPaidNet
|
$117.43M | USD | 3 Qtrs |
| Cash paid for taxes |
IncomeTaxesPaid
|
- | USD | 3 Qtrs |
| Cash paid for taxes |
IncomeTaxesPaid
|
$1.74M | USD | 3 Qtrs |
Stockholders Equity
43 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at beginning of period |
MembersEquity
|
$2.37B | USD | Point-in-time |
| Balance at beginning of period |
MembersEquity
|
$681.50M | USD | Point-in-time |
| Balance at beginning of period |
MembersEquity
|
$661.32M | USD | Point-in-time |
| Balance at beginning of period |
MembersEquity
|
$2.02B | USD | Point-in-time |
| Balance at beginning of period |
MembersEquity
|
$1.47B | USD | Point-in-time |
| Net income |
ProfitLoss
|
$539.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$329.86M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.33B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$138.71M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.35M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.01B | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$1.45B | USD | 1 Quarter |
| Net income prior to business combination transaction |
NetIncomePriorToBusinessCombinationTransaction
|
$183.76M | USD | 1 Quarter |
| Member contributions |
PartnersCapitalAccountContributions
|
$247.17M | USD | 1 Quarter |
| Member contributions |
PartnersCapitalAccountContributions
|
$52.83M | USD | 1 Quarter |
| Member distributions |
PartnersCapitalAccountDistributions
|
$177.00K | USD | 1 Quarter |
| Member distributions |
PartnersCapitalAccountDistributions
|
$949.50M | USD | 1 Quarter |
| Member distributions |
PartnersCapitalAccountDistributions
|
$1.10B | USD | 1 Quarter |
| Net proceeds received from business combination transaction |
PartnersCapitalAccountAcquisitions
|
$879.12M | USD | 1 Quarter |
| Balance at end of period |
MembersEquity
|
$2.37B | USD | Point-in-time |
| Balance at end of period |
MembersEquity
|
$681.50M | USD | Point-in-time |
| Balance at end of period |
MembersEquity
|
$661.32M | USD | Point-in-time |
| Balance at end of period |
MembersEquity
|
$2.02B | USD | Point-in-time |
| Balance at end of period |
MembersEquity
|
$1.47B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.69B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.78B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.37B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.99B | USD | Point-in-time |
| Opening net liabilities of Gores Holdings IV, Inc. acquired |
NetAssetsAcquiredLiabilitiesAssumed
|
$-75.38M | USD | 1 Quarter |
| Distribution and dividend declared |
DividendsCommonStock
|
$160.52M | USD | 1 Quarter |
| Distribution and dividend declared |
DividendsCommonStock
|
$160.44M | USD | 1 Quarter |
| Distribution and dividend declared |
DividendsCommonStock
|
$10.09M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$2.91M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$65.50M | USD | 1 Quarter |
| Net income subsequent to business combination transaction |
NetIncomeSubsequentToBusinessCombinationTransaction
|
$676.25M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.12M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.33M | USD | 1 Quarter |
| Class A common stock repurchased |
StockRepurchasedDuringPeriodValue
|
$6.15M | USD | 1 Quarter |
| Class A common stock repurchased |
StockRepurchasedDuringPeriodValue
|
$14.85M | USD | 1 Quarter |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.69B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.78B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.37B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.99B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.