Stonegate Mortgage

Stonegate Mortgage Corporation is a mortgage company focused on originating, financing and servicing U.S. residential mortgage loans. The Company also provides financing through its fully integrated warehouse lending platform, NattyMac. Stonegate Mortgage Corporation was acquired by Home Point Financial. 

Type
Subsidiary
HQ
Indianapolis, US
Founded
2005
Stonegate Mortgage was founded in 2005 and is headquartered in Indianapolis, US

Stonegate Mortgage Office Locations

Stonegate Mortgage has an office in Indianapolis
Indianapolis, US (HQ)
300 9190 Priority Way W Dr

Stonegate Mortgage Data and Metrics

Stonegate Mortgage Summary

Founding Date

2005

Stonegate Mortgage Financial Metrics

Stonegate Mortgage's revenue was reported to be $32.6 m in Q1, 2017
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

157.9 m185.6 m182.7 m78.2 m

Revenue growth, %

18%(2%)(57%)

Interest income

16.8 m

Pre tax profit

36.2 m

Net Income

22.6 m(30.7 m)(22.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

87.4 m34.9 m5 m26.5 m66.3 m32.6 m

Pre tax profit

15.9 m

Net Income

(7.6 m)(9.3 m)(11.1 m)15 k(22.8 m)(37.5 m)(54.7 m)(39.1 m)
USDFY, 2013FY, 2015FY, 2016

Cash

43.1 m32.5 m26.3 m

PP&E

12.6 m22.9 m14.8 m

Goodwill

3.6 m

Total Assets

989.9 m1.3 b1.2 b

Accounts Payable

37.1 m23.5 m23.7 m

Total Liabilities

916.8 m

Additional Paid-in Capital

263.8 m270.9 m272.3 m

Retained Earnings

43.4 m(9.5 m)(12.6 m)

Total Equity

261.6 m259.9 m

Financial Leverage

4.9 x4.5 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

48.5 m40.5 m29.5 m30.5 m23.2 m22.5 m

PP&E

22.1 m23.8 m21.1 m18.5 m

Total Assets

1.6 b1.5 b1.3 b1.2 b1.4 b1 b

Accounts Payable

38.6 m38.5 m21.9 m22.8 m26.2 m15.4 m

Additional Paid-in Capital

268.7 m270.6 m271.2 m271.6 m272 m272.6 m

Retained Earnings

12.7 m(10.1 m)(47.1 m)(64.2 m)(48.6 m)(16.9 m)

Total Equity

281.7 m260.8 m224.4 m207.6 m223.6 m256 m

Financial Leverage

5.8 x5.7 x5.7 x6 x6.2 x4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

22.6 m(30.7 m)(22.3 m)

Depreciation and Amortization

2.2 m5.2 m8.8 m10.1 m

Accounts Payable

16.7 m(3.7 m)(6.4 m)2.2 m

Cash From Operating Activities

(523.6 m)(561.1 m)165.6 m92.7 m

Purchases of PP&E

(9.9 m)(8.6 m)(13.5 m)(1.7 m)

Cash From Investing Activities

(17.4 m)752 k71.2 m54.6 m

Cash From Financing Activities

569 m562.7 m(249.7 m)(153.5 m)

Interest Paid

26.1 m32.8 m29.4 m

Income Taxes Paid

118 k704 k274 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(7.6 m)(9.3 m)(11.1 m)15 k(22.8 m)(37.5 m)(54.7 m)(39.1 m)

Depreciation and Amortization

2.3 m3.7 m1.8 m3.6 m6.5 m2.5 m5.3 m7.5 m2.5 m

Accounts Payable

4 m3.4 m3.8 m7.8 m7.8 m640 k(2.4 m)2.5 m(8 m)

Cash From Operating Activities

(544.7 m)(600.4 m)(6 m)(35.8 m)43.6 m(45.8 m)(36.3 m)(181.5 m)124.2 m

Purchases of PP&E

(2.6 m)(5.1 m)(3.2 m)(8.4 m)(11 m)(887 k)(989 k)(1.1 m)(380 k)

Cash From Investing Activities

(13.6 m)(15 m)25.1 m31.9 m45.9 m4.7 m44.6 m53.9 m1.3 m

Cash From Financing Activities

540.3 m631.1 m(12 m)7 m(94.4 m)38 m(10.3 m)118.4 m(129.2 m)

Interest Paid

8.8 m16.5 m25.2 m7 m14.5 m20.5 m4.4 m

Income Taxes Paid

68 k574 k589 k81 k96 k228 k16 k

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