loanDepot (LDI) Misses Q1 EPS by 14c
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loanDepot Announces First Quarter 2026 Financial Results
May 5, 2026 4:06 PM EDTCompany delivers market share gains and operational progress amid a challenging market.
First Quarter 2026 Highlights:
Loan origination volume decreased 5% to $7.66 billion from the prior quarter, while market share increased to 1.39%1. Revenue decreased 8% to $286 million and adjusted revenue decreased 5% to $299 million compared to the prior quarter, primarily impacted by volatile interest rates and margin pressure. Pull-through weighted gain on sale margin decreased 53 basis points to 271 basis points on larger loan balances, product mix shifts and market volatility during the quarter. Expenses decreased 0.2% to $342 million... More