NYSE$UWMC
UWM Holdings Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
UWM Holdings Corporation reported strong profitability and significant purchase volume, driven by the momentum of the broker channel.
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.
Headline financials
Revenue & EPS history
UWM · Revenue · Quarterly
$564M
Revenue by segment
UWM · $564M total across 4 segments · Q2 2022
- Loan Production Income$297M-38.1%52.6%
- Loan Servicing Income$180M+23.6%31.8%
- Interest Income$62M-21.7%11.0%
- MSR Fair Value Change$26.2M+111.9%4.6%
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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
-1.7%
Avg return
Earnings day
-1.2%
Avg return
5 days after
+0.5%
Avg return
30 days after
29%
6 / 21 earnings
Positive
+28.2%
Q3 2022
Best reaction
-16.8%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -11.2% | -28.4% | |
| Q4 2025 | -9.0% | -5.0% | -25.0% | |
| Q3 2025 | -10.1% | -3.4% | +1.2% | |
| Q1 2025 | -14.7% | -11.3% | -13.8% | |
| Q4 2024 | -5.8% | -0.2% | -14.6% | |
| Q3 2024 | -6.0% | -9.2% | -2.4% | |
| Q2 2024 | -6.5% | -3.8% | +2.3% | |
| Q1 2024 | -0.7% | +2.8% | +2.8% | |
| Q4 2023 | -4.9% | -4.6% | +8.2% | |
| Q3 2023 | +4.3% | +6.9% | +15.6% | |
| Q2 2023 | -1.6% | -4.0% | -16.3% | |
| Q1 2023 | -16.8% | -11.3% | -7.4% | |
| Q4 2022 | +12.7% | +11.7% | +15.3% | |
| Q3 2022 | +28.2% | +22.3% | +44.7% | |
| Q2 2022 | -0.5% | +1.0% | -9.2% | |
| Q1 2022 | +0.3% | +8.9% | +18.1% | |
| Q4 2021 | +7.4% | -4.1% | +4.4% | |
| Q3 2021 | -1.5% | -2.2% | -3.8% | |
| Q2 2021 | -7.0% | -7.6% | -8.5% | |
| Q1 2021 | -2.4% | +7.9% | +43.1% | |
| Q4 2020 | +0.6% | -7.9% | -16.0% | |
| Q4 2019 | — | — | — |
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