Stonegate Mortgage (SGM) Reports Q4 EPS of $1.39
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Stonegate Mortgage Corporation Reports Fourth Quarter and Annual 2016 Financial Results
March 9, 2017 7:00 AM ESTINDIANAPOLIS, IN -- (Marketwired) -- 03/09/17 -- Stonegate Mortgage Corporation (NYSE: SGM) ("Stonegate Mortgage" or the "Company"), a leading, non-bank mortgage company focused on originating, financing and servicing U.S. residential mortgage loans, today reported financial results and operating performance for the quarter and year ended December 31, 2016. These results are based on continuing operations, unless otherwise noted, as the retail restructuring announced last year resulted in, and is presented as, discontinued operations.
Revenues increased 18% to $78.2 million in the fourth quarter of 2016 from $66.3 million in the third quarter of 2016, and increased 67% from $46.8 million in the... More
