10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001783398-23-000044 |
| Period End Date | 20230930 |
| Filing Date | 20231108 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | uwmc-20230930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$704.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$729.62M | USD | Point-in-time |
| Mortgage loans at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$7.13B | USD | Point-in-time |
| Mortgage loans at fair value |
MortgagesHeldForSaleFairValueDisclosure
|
$5.56B | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$82.87M | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$92.79M | USD | Point-in-time |
| Operating lease right-of-use asset, net (includes $98,813 and $102,322 with related parties) |
OperatingLeaseRightOfUseAsset
|
$100.43M | USD | Point-in-time |
| Operating lease right-of-use asset, net (includes $98,813 and $102,322 with related parties) |
OperatingLeaseRightOfUseAsset
|
$104.18M | USD | Point-in-time |
| Finance lease right-of-use asset (includes $25,318 and $26,867 with related parties) |
FinanceLeaseRightOfUseAsset
|
$31.80M | USD | Point-in-time |
| Investment securities at fair value, pledged |
RetainedInterest
|
$104.53M | USD | Point-in-time |
| Investment securities at fair value, pledged |
RetainedInterest
|
$113.29M | USD | Point-in-time |
| Finance lease right-of-use asset (includes $25,318 and $26,867 with related parties) |
FinanceLeaseRightOfUseAsset
|
$42.22M | USD | Point-in-time |
| Operating lease liability (includes $105,775 and $109,473 with related parties) |
OperatingLeaseLiability
|
$111.33M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$383.15M | USD | Point-in-time |
| Operating lease liability (includes $105,775 and $109,473 with related parties) |
OperatingLeaseLiability
|
$107.39M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNet
|
$385.92M | USD | Point-in-time |
| Mortgage servicing rights |
ServicingAsset
|
$4.45B | USD | Point-in-time |
| Mortgage servicing rights |
ServicingAsset
|
$4.35B | USD | Point-in-time |
| Finance lease liability (includes $26,665 and $27,857 with related parties) |
FinanceLeaseLiability
|
$33.29M | USD | Point-in-time |
| Finance lease liability (includes $26,665 and $27,857 with related parties) |
FinanceLeaseLiability
|
$43.51M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$152.48M | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, par value (in usd per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$146.51M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Operating lease right-of-use asset, net (includes $98,813 and $102,322 with related parties) |
OperatingLeaseRightOfUseAsset
|
$100.43M | USD | Point-in-time |
| Operating lease right-of-use asset, net (includes $98,813 and $102,322 with related parties) |
OperatingLeaseRightOfUseAsset
|
$104.18M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Finance lease right-of-use asset (includes $25,318 and $26,867 with related parties) |
FinanceLeaseRightOfUseAsset
|
$31.80M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Finance lease right-of-use asset (includes $25,318 and $26,867 with related parties) |
FinanceLeaseRightOfUseAsset
|
$42.22M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Loans eligible for repurchase from Ginnie Mae |
LoansReceivableFairValueDisclosure
|
$617.49M | USD | Point-in-time |
| Loans eligible for repurchase from Ginnie Mae |
LoansReceivableFairValueDisclosure
|
$345.49M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Other assets |
OtherAssets
|
$83.83M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$82.80M | USD | Point-in-time |
| Total assets |
Assets
|
$13.60B | USD | Point-in-time |
| Total assets |
Assets
|
$12.20B | USD | Point-in-time |
| Warehouse lines of credit |
WarehouseLinesOfCreditFacility
|
$6.44B | USD | Point-in-time |
| Warehouse lines of credit |
WarehouseLinesOfCreditFacility
|
$5.07B | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$38.88M | USD | Point-in-time |
| Derivative liabilities |
DerivativeLiabilities
|
$49.75M | USD | Point-in-time |
| Secured lines of credit |
LineOfCredit
|
$500.00M | USD | Point-in-time |
| Secured lines of credit |
LineOfCredit
|
$750.00M | USD | Point-in-time |
| Borrowings against investment securities |
SecuredDebt
|
$97.33M | USD | Point-in-time |
| Borrowings against investment securities |
SecuredDebt
|
$101.34M | USD | Point-in-time |
| Accounts payable, accrued expenses and other |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$503.89M | USD | Point-in-time |
| Accounts payable, accrued expenses and other |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$439.72M | USD | Point-in-time |
| Accrued distributions and dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$159.57M | USD | Point-in-time |
| Accrued distributions and dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$159.47M | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$1.98B | USD | Point-in-time |
| Senior notes |
SeniorNotes
|
$1.99B | USD | Point-in-time |
| Operating lease liability (includes $105,775 and $109,473 with related parties) |
OperatingLeaseLiability
|
$111.33M | USD | Point-in-time |
| Operating lease liability (includes $105,775 and $109,473 with related parties) |
OperatingLeaseLiability
|
$107.39M | USD | Point-in-time |
| Finance lease liability (includes $26,665 and $27,857 with related parties) |
FinanceLeaseLiability
|
$33.29M | USD | Point-in-time |
| Finance lease liability (includes $26,665 and $27,857 with related parties) |
FinanceLeaseLiability
|
$43.51M | USD | Point-in-time |
| Loans eligible for repurchase from Ginnie Mae |
LoansPayableFairValueDisclosure
|
$617.49M | USD | Point-in-time |
| Loans eligible for repurchase from Ginnie Mae |
LoansPayableFairValueDisclosure
|
$345.49M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.11B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$10.43B | USD | Point-in-time |
| Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of September 30, 2023 or December 31, 2022 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.0001 par value - 100,000,000 shares authorized, none issued and outstanding as of September 30, 2023 or December 31, 2022 |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$903.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.48M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$130.23M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$142.50M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.96B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$3.03B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.87B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.22B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$13.60B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$12.20B | USD | Point-in-time |
Income Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loan production income |
GainLossOnSalesOfLoansNet
|
$775.11M | USD | 3 Qtrs |
| Loan production income |
GainLossOnSalesOfLoansNet
|
$852.81M | USD | 3 Qtrs |
| Loan production income |
GainLossOnSalesOfLoansNet
|
$288.93M | USD | 1 Quarter |
| Loan production income |
GainLossOnSalesOfLoansNet
|
$172.40M | USD | 1 Quarter |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$574.85M | USD | 3 Qtrs |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$196.78M | USD | 1 Quarter |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$200.43M | USD | 1 Quarter |
| Loan servicing income |
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
|
$612.21M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$236.78M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$92.91M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$-219.73M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$434.91M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$94.85M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$258.32M | USD | 3 Qtrs |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$78.21M | USD | 1 Quarter |
| Interest income |
InterestAndFeeIncomeLoansAndLeases
|
$207.62M | USD | 3 Qtrs |
| Total revenue, net |
Revenues
|
$2.07B | USD | 3 Qtrs |
| Total revenue, net |
Revenues
|
$1.43B | USD | 3 Qtrs |
| Total revenue, net |
Revenues
|
$684.17M | USD | 1 Quarter |
| Total revenue, net |
Revenues
|
$677.12M | USD | 1 Quarter |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$434.62M | USD | 3 Qtrs |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$387.72M | USD | 3 Qtrs |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$135.03M | USD | 1 Quarter |
| Salaries, commissions and benefits |
LaborAndRelatedExpense
|
$135.33M | USD | 1 Quarter |
| Direct loan production costs |
DirectLoanProductionCosts
|
$76.28M | USD | 3 Qtrs |
| Direct loan production costs |
DirectLoanProductionCosts
|
$36.18M | USD | 1 Quarter |
| Direct loan production costs |
DirectLoanProductionCosts
|
$72.97M | USD | 3 Qtrs |
| Direct loan production costs |
DirectLoanProductionCosts
|
$20.50M | USD | 1 Quarter |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$51.19M | USD | 3 Qtrs |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$20.12M | USD | 1 Quarter |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$58.91M | USD | 3 Qtrs |
| Marketing, travel, and entertainment |
TravelAndEntertainmentExpense
|
$17.73M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$33.52M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.43M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$34.67M | USD | 3 Qtrs |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$51.65M | USD | 1 Quarter |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$44.90M | USD | 1 Quarter |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$129.88M | USD | 3 Qtrs |
| General and administrative |
OtherGeneralAndAdministrativeExpense
|
$132.21M | USD | 3 Qtrs |
| Servicing costs |
ServicingCosts
|
$37.60M | USD | 1 Quarter |
| Servicing costs |
ServicingCosts
|
$102.16M | USD | 3 Qtrs |
| Servicing costs |
ServicingCosts
|
$129.22M | USD | 3 Qtrs |
| Servicing costs |
ServicingCosts
|
$33.64M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$191.07M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$73.14M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$93.72M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$239.44M | USD | 3 Qtrs |
| Other expense (income) |
OtherNonoperatingIncomeExpense
|
$76.00K | USD | 1 Quarter |
| Other expense (income) |
OtherNonoperatingIncomeExpense
|
$-23.79M | USD | 3 Qtrs |
| Other expense (income) |
OtherNonoperatingIncomeExpense
|
$-6.73M | USD | 1 Quarter |
| Other expense (income) |
OtherNonoperatingIncomeExpense
|
$-2.39M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$1.03B | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$1.07B | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$375.39M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$353.79M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$330.38M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.00B | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$392.12M | USD | 3 Qtrs |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$301.73M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$941.00K | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$9.59M | USD | 3 Qtrs |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$4.77M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$734.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$994.34M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$453.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$325.61M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$300.99M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$228.79M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$215.44M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$-138.61M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$391.17M | USD | 3 Qtrs |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$952.35M | USD | 3 Qtrs |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$282.76M | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$377.33M | USD | 3 Qtrs |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$313.91M | USD | 1 Quarter |
| Net income attributable to UWM Holdings Corporation |
NetIncomeLoss
|
$18.23M | USD | 1 Quarter |
| Net income attributable to UWM Holdings Corporation |
NetIncomeLoss
|
$13.85M | USD | 3 Qtrs |
| Net income attributable to UWM Holdings Corporation |
NetIncomeLoss
|
$41.99M | USD | 3 Qtrs |
| Net income attributable to UWM Holdings Corporation |
NetIncomeLoss
|
$11.70M | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.45 | USD | 3 Qtrs |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.15 | USD | 3 Qtrs |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.20 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$0.13 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.15 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.45 | USD | 3 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.15 | USD | 3 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$0.13 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
93.29M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
92.57M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
93.11M | shares | 3 Qtrs |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
92.44M | shares | 3 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
92.44M | shares | 3 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
93.11M | shares | 3 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
92.57M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.60B | shares | 1 Quarter |
Cash Flow Statement
82 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$994.34M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$453.29M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$325.61M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$300.99M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$228.79M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$215.44M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-138.61M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$391.17M | USD | 3 Qtrs |
| Reserve for representations and warranties |
ReserveForRepresentationsAndWarranties
|
$37.88M | USD | 3 Qtrs |
| Reserve for representations and warranties |
ReserveForRepresentationsAndWarranties
|
$39.81M | USD | 3 Qtrs |
| Capitalization of mortgage servicing rights |
MortgageServicingRightsCapitalized
|
$1.80B | USD | 3 Qtrs |
| Capitalization of mortgage servicing rights |
MortgageServicingRightsCapitalized
|
$1.74B | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$236.78M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$92.91M | USD | 1 Quarter |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$-219.73M | USD | 3 Qtrs |
| Change in fair value of mortgage servicing rights |
ChangeInFairValueOfMortgageServicingRights
|
$434.91M | USD | 3 Qtrs |
| Depreciation & amortization |
DepreciationDepletionAndAmortization
|
$37.62M | USD | 3 Qtrs |
| Depreciation & amortization |
DepreciationDepletionAndAmortization
|
$36.45M | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$5.49M | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$9.87M | USD | 3 Qtrs |
| Decrease in fair value of investment securities |
ChangeInFairValueOfRetainedInterest
|
$-2.96M | USD | 3 Qtrs |
| Decrease in fair value of investment securities |
ChangeInFairValueOfRetainedInterest
|
$-28.33M | USD | 3 Qtrs |
| Increase (decrease) in fair value of warrants liability |
FairValueAdjustmentOfWarrants
|
$1.25M | USD | 3 Qtrs |
| Increase (decrease) in fair value of warrants liability |
FairValueAdjustmentOfWarrants
|
$-7.74M | USD | 3 Qtrs |
| Mortgage loans at fair value |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-1.57B | USD | 3 Qtrs |
| Mortgage loans at fair value |
IncreaseDecreaseInMortgageLoansHeldForSale
|
$-12.13B | USD | 3 Qtrs |
| Derivative assets |
IncreaseDecreaseInDerivativeAssets
|
$317.99M | USD | 3 Qtrs |
| Derivative assets |
IncreaseDecreaseInDerivativeAssets
|
$9.92M | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$124.95M | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-24.57M | USD | 3 Qtrs |
| Derivative liabilities |
IncreaseDecreaseInDerivativeLiabilities
|
$-10.87M | USD | 3 Qtrs |
| Derivative liabilities |
IncreaseDecreaseInDerivativeLiabilities
|
$178.59M | USD | 3 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$25.84M | USD | 3 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$17.04M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$10.81B | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$494.51M | USD | 3 Qtrs |
| Purchases of premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$19.62M | USD | 3 Qtrs |
| Purchases of premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$20.74M | USD | 3 Qtrs |
| Net proceeds from sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$1.17B | USD | 3 Qtrs |
| Net proceeds from sale of mortgage servicing rights |
ProceedsFromSaleOfMortgageServicingRightsMSR
|
$1.67B | USD | 3 Qtrs |
| Proceeds from principal payments on investment securities |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$5.81M | USD | 3 Qtrs |
| Proceeds from principal payments on investment securities |
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
|
$8.57M | USD | 3 Qtrs |
| Margin calls on borrowings against investment securities |
PaymentsForMarginCallsForInvestmentSecurities
|
$3.08M | USD | 3 Qtrs |
| Margin calls on borrowings against investment securities |
PaymentsForMarginCallsForInvestmentSecurities
|
$14.68M | USD | 3 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.65B | USD | 3 Qtrs |
| Net cash provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.14B | USD | 3 Qtrs |
| Net repayments under warehouse lines of credit |
ProceedsFromPaymentsForBorrowingsUnderWarehouseLinesOfCreditNet
|
$-1.38B | USD | 3 Qtrs |
| Net repayments under warehouse lines of credit |
ProceedsFromPaymentsForBorrowingsUnderWarehouseLinesOfCreditNet
|
$-11.24B | USD | 3 Qtrs |
| Repayments of finance lease liabilities |
FinanceLeasePrincipalPayments
|
$10.21M | USD | 3 Qtrs |
| Repayments of finance lease liabilities |
FinanceLeasePrincipalPayments
|
$13.02M | USD | 3 Qtrs |
| Repayments under equipment notes payable |
RepaymentsOfNotesPayable
|
$991.00K | USD | 3 Qtrs |
| Repayments under equipment notes payable |
RepaymentsOfNotesPayable
|
$763.00K | USD | 3 Qtrs |
| Borrowings under secured lines of credit |
ProceedsFromLinesOfCredit
|
$750.00M | USD | 3 Qtrs |
| Borrowings under secured lines of credit |
ProceedsFromLinesOfCredit
|
- | USD | 3 Qtrs |
| Repayments under secured lines of credit |
RepaymentsOfLinesOfCredit
|
$1.00B | USD | 3 Qtrs |
| Repayments under secured lines of credit |
RepaymentsOfLinesOfCredit
|
- | USD | 3 Qtrs |
| Borrowings against investment securities |
ProceedsFromIssuanceOfSecuredDebt
|
$97.33M | USD | 3 Qtrs |
| Borrowings against investment securities |
ProceedsFromIssuanceOfSecuredDebt
|
$28.65M | USD | 3 Qtrs |
| Repayments of borrowings against investment securities |
RepaymentsOfSecuredDebt
|
$32.56M | USD | 3 Qtrs |
| Repayments of borrowings against investment securities |
RepaymentsOfSecuredDebt
|
$101.34M | USD | 3 Qtrs |
| Dividends paid to Class A common stockholders |
PaymentsOfDividends
|
$27.68M | USD | 3 Qtrs |
| Dividends paid to Class A common stockholders |
PaymentsOfDividends
|
$27.88M | USD | 3 Qtrs |
| Member distributions paid to SFS Corp. |
PaymentsOfDistributionsToAffiliates
|
$601.36M | USD | 3 Qtrs |
| Member distributions paid to SFS Corp. |
PaymentsOfDistributionsToAffiliates
|
$450.62M | USD | 3 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.31M | USD | 3 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
- | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.12B | USD | 3 Qtrs |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-11.89B | USD | 3 Qtrs |
| INCREASE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$68.45M | USD | 3 Qtrs |
| INCREASE IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$24.72M | USD | 3 Qtrs |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$729.62M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$731.09M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$799.53M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, BEGINNING OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$704.90M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$729.62M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$731.09M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$799.53M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS, END OF THE PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$704.90M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$122.05M | USD | 3 Qtrs |
| Cash paid for interest |
InterestPaidNet
|
$233.25M | USD | 3 Qtrs |
| Cash received for taxes |
IncomeTaxesPaidNet
|
- | USD | 3 Qtrs |
| Cash received for taxes |
IncomeTaxesPaidNet
|
$-124.00K | USD | 3 Qtrs |
Stockholders Equity
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.87B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.22B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Net income (loss) |
ProfitLoss
|
$994.34M | USD | 3 Qtrs |
| Net income (loss) |
ProfitLoss
|
$453.29M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$325.61M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$300.99M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$228.79M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$215.44M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-138.61M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$391.17M | USD | 3 Qtrs |
| Class A common stock dividends |
DividendsCommonStock
|
$9.25M | USD | 1 Quarter |
| Class A common stock dividends |
DividendsCommonStock
|
$9.31M | USD | 1 Quarter |
| Class A common stock dividends |
DividendsCommonStock
|
$9.37M | USD | 1 Quarter |
| Class A common stock dividends |
DividendsCommonStock
|
$9.31M | USD | 1 Quarter |
| Class A common stock dividends |
DividendsCommonStock
|
$9.25M | USD | 1 Quarter |
| Class A common stock dividends |
DividendsCommonStock
|
$9.26M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$150.21M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$150.21M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$150.21M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$150.21M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$450.62M | USD | 1 Quarter |
| Member distributions to SFS Corp. |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$150.21M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.57M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.99M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.68M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.30M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.29M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.83M | USD | 1 Quarter |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.95B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.39B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.87B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.09B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.22B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.17B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.