NYSE$UWMC
UWM Holdings Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
UWM's Q4 2022 performance reflected a net loss, but the company maintained its position as the #1 overall mortgage lender and achieved significant purchase volume.
UWM Holdings Corporation reported a net loss of $62.5 million for Q4 2022, which includes a $150.8 million decline in the fair value of MSRs. Despite the loss, UWM remained the #1 overall mortgage lender in the U.S. with a total loan origination volume of $25.1 billion, driven by a strong purchase volume of $21.7 billion. The company's market share in the wholesale channel was 54% for the quarter.
- UWM was the number one overall mortgage lender in the U.S. for the second consecutive quarter.
- Total loan origination volume for Q4 2022 was $25.1 billion, with $21.7 billion in purchase volume.
- The company reported a net loss of $62.5 million, which includes a $150.8 million decline in the fair value of MSRs for Q4 2022.
- UWM achieved an 11% share of the overall mortgage market and a 54% share of the wholesale channel in Q4 2022.
Headline financials
Revenue & EPS history
UWM · Revenue · Quarterly
$302M
Revenue by segment
UWM · $302M total across 4 segments · Q4 2022
- Loan Servicing Income$217M+11.4%71.8%
- Loan Production Income$129M-70.8%42.7%
- Interest Income$107M+2.1%35.3%
- MSR Fair Value Change-$151M-8.5%-49.9%
Forward guidance
UWM anticipates first quarter production to be in the $16 to $23 billion range, with gain margin from 75 to 100 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 Q4 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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