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 $78.2 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

157.9 m185.6 m182.7 m78.2 m

Revenue growth, %

18%(2%)(57%)

Operating expense total

121.7 m62.9 m44.2 m40.8 m

Interest expense

14.4 m

Interest income

16.8 m

Pre tax profit

36.2 m

Income tax expense

13.6 m

Net Income

22.6 m(30.7 m)(22.3 m)
FY, 2013FY, 2014FY, 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

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
FY, 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

Stonegate Mortgage Online and Social Media Presence

Stonegate Mortgage Company Life and Culture

You may also be interested in