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Jun 30, 2022
UWM Q2 2022 Earnings Report
UWM Holdings Corporation reported strong profitability and significant purchase volume, driven by the momentum of the broker channel.
Key Takeaways
UWM Holdings Corporation reported a net income of $215.4 million for Q2 2022, with a loan origination volume of $29.9 billion, including $22.4 billion in purchase volume. The net income includes a $26.2 million increase in the fair value of MSRs. The company's total gain margin was 99 bps, and total equity reached $3.2 billion.
Originations reached $29.9 billion in Q2 2022.
Purchase originations totaled $22.4 billion in Q2 2022, a 7% decrease compared to Q2 2021.
Net income was $215.4 million in Q2 2022, a 55% increase compared to Q2 2021.
Total gain margin was 99 bps in Q2 2022.
Revenue by Segment
Forward Guidance
The company anticipates third quarter production to be in the $23-$28 billion range, with gain margin from 30 to 60 basis points.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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