Guild Holdings Company (NYSE:GHLD) Q4 2022 Earnings Conference Call March 9, 2023 5:00 PM ET

Company Participants

Nikki Sacks - Investor Relations

Mary Ann McGarry - Chief Executive Officer

Terry Schmidt - President

Amber Kramer - Chief Financial Officer

David Neylan - Chief Operating Officer

Conference Call Participants

Don Fandetti - Wells Fargo

Rick Shane - JPMorgan

Kyle Joseph - Jefferies

Operator

Good day and welcome to the Guild Holdings Company Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Nikki Sacks, Investor Relations. Please go ahead.

Nikki Sacks

Thank you and good afternoon everyone. Before we begin, I’d like to remind everyone that comments on this conference call may contain certain forward-looking statements regarding the company’s expected operating and financial performance for future periods and industry trends. These statements are based on the company’s current expectations. Actual results for future periods may differ materially from those expressed or implied by these forward-looking statements due to a number of risks or other factors that are described in greater detail under the section titled Risk Factors in Guild’s Form 10-K and 10-Q and in other reports filed with the U.S. Securities and Exchange Commission.

Additionally, today’s remarks will refer to certain non-GAAP financial measures. Reconciliations of non-GAAP financial measures to the corresponding GAAP measures can be found in our earnings release furnished today with the SEC and are also available on Guild’s Investor Relations website.

Now I’d like to turn the call over to Chief Executive Officer, Mary Ann McGarry. Mary Ann?

Mary Ann McGarry

Thank you. Good afternoon, everyone and thank you for joining us. Today, I am joined by our President, Terry Schmidt; and Chief Financial Officer, Amber Kramer. Our Chief Operating Officer, David Neylan, will join us for Q&A after our prepared remarks.

The fourth quarter marked Guild’s second year anniversary as a publicly listed company. And I am proud of what we have accomplished in that short time. Notably, for 2022, we produced another year of profitability as we leveraged our product mix, technology, servicing capabilities and broad network of local loan officers across the country. We also continued to execute on our objective of strategically growing Guild’s platform to capture more of the purchase mortgage market through both new product rollouts and compelling acquisitions. Supported by a strong balance sheet and liquidity, we have continued to invest in our business to enhance our leading position in the purchase mortgage business.