Blend Labs

Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It serves banks, credit unions, fintechs, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.

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Blend Labs excels in Q1 2024, eyes credit unions and digital closings

Blend Labs delivered a strong performance in Q1 2024, driven by financial improvements, successful partnerships, and innovative solutions. While facing challenges in expanding into commercial banking, the company has opportunities to capitalize on market trends and enhance customer service. Overall, Blend's strategic focus on efficiency and customer-centric offerings bodes well for its future growth.

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Blend Labs, Inc. engages in the provision of a cloud-based software platform for financial services firms that is designed to power the end-to-end consumer journey for banking products. It operates through the Blend Platform and Title365 segments. The company was founded by Nima Ghamsari, Rosco Hill, Eugene Marinelli, and Erin James Collard on April 17, 2012 and is headquartered in San Francisco, CA.

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that the Company will host a live discussion of its second quarter 2022 financial results on Monday, August 15, 2022, at 4:30 pm ET. A press release, with accompanying financial information, will be posted prior to the discussion on the Company's investor website at https://investor.blend.com. Starting today, retail and institutional shareholders will be able to submit and upvote q

Blend to Announce Second Quarter 2022 Financial Results on August 15, 2022

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SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that Co-Founder and Head of Blend, Nima Ghamsari, along with Marc Greenberg, Head of Finance, will participate in a live presentation at the 42nd Annual William Blair Growth Stock Conference on Wednesday, June 8, 2022. The discussion will begin at 12:40 p.m PT / 3:40 p.m. ET. This presentation will be webcast live on Blend's investor relations website at https://investor.blend.com.

Blend to Participate in the 42nd Annual William Blair Growth Stock Conference

Blend Labs, Inc. (NYSE:BLND ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants Crystal Sumner - Head, Legal Compliance and Risk Nima Ghamsari - Co-Founder and Head Tim Mayopoulos - President Marc Greenberg - Head, Finance Conference Call Participants Ryan Tomasello - KBW Maddie Schrage - KeyBanc Capital Markets Joseph Meares - Truist Matt Stotler - William Blair Arvind Ramnani - Piper Sandler Joe Vafi - Canaccord Crystal Sumner Good afternoon, and welcome to the Blends' First Quarter 2022 Earnings Conference Call. My name is Crystal Sumner, Head of Legal Compliance and Risk for the company.

Blend Labs, Inc. (BLND) Management on Q1 2022 Results - Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its first quarter 2022 financial results. “Blend's first quarter reflects our growing mortgage banking market share in a challenging originations environment as well as strong growth in Consumer Banking & Marketplace revenue,” said Nima Ghamsari, Head of Blend. “We are excited to see more customers adopting our newer software solutions such as Blend Close and Blend Income Verifi

Blend Announces First Quarter 2022 Financial Results

Blend Labs (BLND) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Blend Labs (BLND) Might Surprise This Earnings Season

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced the opening of a shareholder Q&A platform to be used in connection with its upcoming earnings release. Blend is scheduled to host a live discussion of its first quarter 2022 earnings at 5:00 pm ET / 2:00 pm PT on Thursday, May 12, 2022. Starting today, retail and institutional shareholders will be able to submit and upvote questions to management. To submit questions ahead of e

Blend Announces Q&A Platform for Shareholders Ahead of First Quarter 2022 Earnings Release

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that the Company will host a live discussion of its first quarter 2022 financial results on Thursday, May 12, 2022, at 5:00 pm ET. A press release, with accompanying financial information, will be posted prior to the discussion on the Company's investor website at https://investor.blend.com. A link to the live discussion will be made available on the Company's investor relations we

Blend to Announce First Quarter 2022 Financial Results on May 12, 2022

SAN FRANCISCO--(BUSINESS WIRE)---- $BLND--Blend, a leading cloud banking provider, today announced the availability of three new eClosing products.

Blend Launches Three New eClosing Offerings

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Shares of Blend Labs Inc. BLND, -0.21% were little changed in morning trading Tuesday, after the San Francisco-based banking software company disclosed that it will cut 200 jobs, or about 10% of its workforce, as part of its plan to cut costs and "better align its operating structure with its business activities." The company said the job cut plan is to streamline its title operations and reduce its general and administrative functions.

Blend Labs to cut 10% of its workforce

Blend Labs (BLND) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Blend Labs (BLND) a New Buy Stock

As an investment, Blend Labs has been a disaster so far, but there are reasons for shareholders to hang on for the long haul.

Even Though It's Down 77%, I'm Not Selling Blend Labs

Analysts mainly slashed the price targets or downgraded the rating on Blend Labs Inc (NYSE: BLND) post Q4 results. KeyBanc analyst Josh Beck lowered the price target to $6 from $10 (26% upside) and kept an Overweight.

Read How Analysts Reacted To Blend Labs' Q4 Results

Blend Labs, Inc. (BLND) Management on Q4 2021 Results - Earnings Call Transcript

Blend Labs Inc (NYSE: BLND) reported fourth-quarter revenue growth of 164.3% year-over-year to $80.99 million, missing the consensus of $82.92 million. Blend Platform segment revenue was $36.5 million (+19% Y/Y), and Title365 segment revenue was $44.4 million.

Why Blend Labs Shares Are Plunging After Hours

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2021 financial results. In addition, the company provided its full year and first quarter 2022 revenue guidance on a consolidated basis and for its two reporting segments. “Blend achieved major milestones in 2021, including our IPO, and a large acquisition for our marketplace offerings. We also grew our mortgage banking market share, multi-product c

Blend Announces Fourth Quarter and Full Year 2021 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that the Company will host a conference call on Thursday, March 31, 2022 at 5:00 pm ET to discuss its fourth quarter and full year 2021 financial results. A press release, with accompanying financial information, will be posted prior to the call on the Company's investor website at https://investor.blend.com. The call will be webcast live from the Company's investor relations websi

Blend Changes Date for Release of Fourth Quarter and Full Year 2021 Financial Results to March 31, 2022

SAN FRANCISCO--(BUSINESS WIRE)--Blend to Announce Fourth Quarter and Full Year 2021 Financial Results on March 22, 2022

Blend to Announce Fourth Quarter and Full Year 2021 Financial Results on March 22, 2022

Blend Labs (BLND) stock is on the move Thursday after Joe Lonsdale highlighted his stake in the company during an interview. The post BLND Stock: 9 Things to Know About Blend Labs as Shares Get a Big Boost Today appeared first on InvestorPlace.

BLND Stock: 9 Things to Know About Blend Labs as Shares Get a Big Boost Today

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that Nima Ghamsari, co-founder and head of Blend, will participate in a fireside chat discussion at the Needham Growth Conference on Monday, January 10, 2022. The discussion will begin at 5:00 p.m. ET / 2:00 p.m. PT. This discussion will be webcast live on the Company's investor relations website at https://investor.blend.com. A replay of the webcast will be available at the same w

Blend to Participate in the Needham Growth Conference

Since 2019, the total amount of mortgages processed utilizing Blend Labs' platform grew to 13.5% from 4.5%. Blend serves 32 of the top 100 U.S. financial services firms and 28 of the top 100 non-bank mortgage lenders.

After A 64% Decline, Blend Labs Is An Opportunistic Buy

This under-the-radar SaaS company looks to have a bright future ahead of it in the banking industry.

3 Reasons Why Blend Labs Will Be a Long-Term Winner

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