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Blend Labs, Inc.

BLND US

BLND USBlend Labs, Inc.

United States Composite

3.20

USD

+0.09

(+2.89%)

-0.76EPS Dil.

-4.23P/E

799.71MMarket Cap

Next Earnings

May 7

Held by Insiders

7.28%

Held by Institutions

54.12%

Short % of Float

3.00%

YTD Yield

155.43%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

LT Borrowings

218

219

138

LT Finance Leases

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

246

248

250

Market Capitalization

233

340

637

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

309

283

170

Cash, Cash Equivalents & STI

266

245

137

Accounts Receivable, Net

Inventories

- -

Total Current Liabilities

Payables & Accruals

ST Debt

Deferred Revenue

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

0.00%

-33.19%

Net Income, GAAP

-NaN%

75.94%

Free Cash Flow

-NaN%

33.33%

Total Cash Common Dividend

- -

Total Equity

0.00%

-83.54%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

234

2022

235

2023

157

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

-0.12

0.03

-0.38

-0.31

-1.30

2022

-0.32

-2.06

-0.57

-0.14

-3.28

2023

-0.28

-0.18

-0.13

-0.76

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

- -

2022

- -

2023

- -

Company Description

CEO: Mr. Nima Ghamsari
Full Time Employees: 881
Sector: Technology
Industry: Software—Application
Address: 415 Kearny Street San Francisco CA United States 94108
CIK: 0001855747
Website: blend.com
Business: Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.

Company News

GuruFocus.com
7 days ago
Blend Labs Inc (BLND) Meets Revenue Expectations and Reduces Operating Loss in Q1 2024
Yahoo Finance
8 days ago
Blend Labs, Inc. (NYSE:BLND) Q1 2024 Earnings Call Transcript
Yahoo Finance
8 days ago
Blend Labs Inc (BLND) Q1 2024 Earnings Call Transcript Highlights: Strategic Investments and ...
GuruFocus.com
8 days ago
Blend Labs Inc (BLND) Q1 2024 Earnings Call Transcript Highlights: Strategic Investments and Revenue Growth Amidst Challenges
GuruFocus.com
8 days ago
Q1 2024 Blend Labs Inc Earnings Call Transcript
tipranks.com
8 days ago
Blend Labs: Strategic Growth and Improved Financial Health Amidst Mortgage Market Challenges
tipranks.com
8 days ago
Blend Labs Exceeds Revenue Expectations with Promising Growth and Efficiency Gains: Maintains Overweight Rating
tipranks.com
8 days ago
Blend Labs (BLND) Gets a Hold from KBW
tipranks.com
9 days ago
Buy Rating Affirmed: Blend Labs’ Stable Financials and Market Resilience Forecast Growth
tipranks.com
9 days ago
Mortgage Sector Challenges Persist: Blend Labs Holds Steady with Moderate Q1 Performance and Promising Pipeline
Yahoo Finance
9 days ago
Blend Labs (BLND) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
9 days ago
Blend Labs (BLND) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
9 days ago
Blend Labs (BLND) Reports Q1 Loss, Tops Revenue Estimates
Yahoo Finance
9 days ago
Blend Labs (BLND) Reports Q1 Loss, Tops Revenue Estimates
Yahoo Finance
9 days ago
Blend Announces First Quarter 2024 Financial Results
Yahoo Finance
10 days ago
Blend Labs (BLND) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks
10 days ago
Blend Labs (BLND) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
GuruFocus.com
16 days ago
Blend to Announce First Quarter 2024 Financial Results on May 8, 2024
Yahoo Finance
16 days ago
Blend to Announce First Quarter 2024 Financial Results on May 8, 2024
tipranks.com
17 days ago
Blend Labs’ Strategic Partnership with Haveli Investments: A Positive Step Amid Market Uncertainties

Company Description

CEO: Mr. Nima Ghamsari
Full Time Employees: 881
Sector: Technology
Industry: Software—Application
Address: 415 Kearny Street San Francisco CA United States 94108
CIK: 0001855747
Website: blend.com
Business: Blend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. The company was incorporated in 2012 and is headquartered in San Francisco, California.

Company News

GuruFocus.com
7 days ago
Blend Labs Inc (BLND) Meets Revenue Expectations and Reduces Operating Loss in Q1 2024
Yahoo Finance
8 days ago
Blend Labs, Inc. (NYSE:BLND) Q1 2024 Earnings Call Transcript
Yahoo Finance
8 days ago
Blend Labs Inc (BLND) Q1 2024 Earnings Call Transcript Highlights: Strategic Investments and ...
GuruFocus.com
8 days ago
Blend Labs Inc (BLND) Q1 2024 Earnings Call Transcript Highlights: Strategic Investments and Revenue Growth Amidst Challenges
GuruFocus.com
8 days ago
Q1 2024 Blend Labs Inc Earnings Call Transcript
tipranks.com
8 days ago
Blend Labs: Strategic Growth and Improved Financial Health Amidst Mortgage Market Challenges
tipranks.com
8 days ago
Blend Labs Exceeds Revenue Expectations with Promising Growth and Efficiency Gains: Maintains Overweight Rating
tipranks.com
8 days ago
Blend Labs (BLND) Gets a Hold from KBW
tipranks.com
9 days ago
Buy Rating Affirmed: Blend Labs’ Stable Financials and Market Resilience Forecast Growth
tipranks.com
9 days ago
Mortgage Sector Challenges Persist: Blend Labs Holds Steady with Moderate Q1 Performance and Promising Pipeline
Yahoo Finance
9 days ago
Blend Labs (BLND) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
9 days ago
Blend Labs (BLND) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks
9 days ago
Blend Labs (BLND) Reports Q1 Loss, Tops Revenue Estimates
Yahoo Finance
9 days ago
Blend Labs (BLND) Reports Q1 Loss, Tops Revenue Estimates
Yahoo Finance
9 days ago
Blend Announces First Quarter 2024 Financial Results
Yahoo Finance
10 days ago
Blend Labs (BLND) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks
10 days ago
Blend Labs (BLND) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
GuruFocus.com
16 days ago
Blend to Announce First Quarter 2024 Financial Results on May 8, 2024
Yahoo Finance
16 days ago
Blend to Announce First Quarter 2024 Financial Results on May 8, 2024
tipranks.com
17 days ago
Blend Labs’ Strategic Partnership with Haveli Investments: A Positive Step Amid Market Uncertainties