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Blend Labs, Inc. (BLND)

NYSE: BLND · IEX Real-Time Price · USD
14.39 0.50 (3.56%)
Oct 21, 2021 2:02 PM EDT - Market open
Market Cap3.16B
Revenue (ttm)123.68M
Net Income (ttm)-72.80M
Shares Out219.59M
EPS (ttm)-0.33
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume228,232
Open13.88
Previous Close13.89
Day's Range13.82 - 14.64
52-Week Range12.63 - 21.04
Betan/a
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 10, 2021

About BLND

Blend Labs has built a market-leading cloud-based software platform for financial services firms that is designed to power the end-to-end consumer journey for any banking product. From the moment a consumer starts an application for a loan or a deposit account to the moment they digitally sign the final documents, our software platform streamlines the process, so financial services firms can deliver superior consumer experiences, drive growth, and increase operational efficiency. Our growing suite of out-of-the-box, white-label products current...

IndustrySoftware-Application
IPO DateJul 16, 2021
CEONima Ghamsari
Employees577
Stock ExchangeNYSE
Ticker SymbolBLND
Full Company Profile

Financial Performance

In 2020, Blend Labs's revenue was $96.03 million, an increase of 89.51% compared to the previous year's $50.67 million. Losses were -$74.62 million, -8.39% less than in 2019.

Financial Statements

News

Blend Announces New Income Verification Product to Drive More Proactive and Equitable Banking Decisions

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leader in cloud banking software, today announced the launch of Blend Income Verification, a new product for financial services firms that delivers ...

1 day ago - Business Wire

Is Blend Labs Stock a Buy Now? How This Former Palantir Employee Wants to Disrupt the Finance Sector

Blend Labs is a high-growth SaaS play, but how does its acquisition of Title365 affect the business?

1 week ago - The Motley Fool

Blend to Announce Third Quarter 2021 Financial Results on November 10, 2021

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 Wednesday, November 10, 2021 at 5:30 pm...

1 week ago - Business Wire

Blend and Frost Bank Extend Partnership into Mortgage, Consumer Banking, and Deposits

SAN FRANCISCO--(BUSINESS WIRE)--Blend (NYSE: BLND), a leader in cloud banking software, today announced the expansion of its partnership with Frost Bank, a Texas-chartered bank based in San Antonio, to ...

1 week ago - Business Wire

Blend Labs' CEO on the Future of Fintech

Earlier this summer, we broke down Blend Labs' S1 and explained the company's role in the financial services industry.

1 week ago - The Motley Fool

Blend to Participate in the Morgan Stanley Spark Conference

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that Nima Ghamsari, head of Blend, will participate in a virtual fireside chat at the M...

1 week ago - Business Wire

Is This Real Estate Stock a Great Value or a Value Trap?

Mr. Cooper Group is narrowing its focus to prepare for a slowdown in mortgage-lending activity. Is it a buy?

Other symbols:COOPFMCC
1 month ago - The Motley Fool

Blend to Participate in the Deutsche Bank Technology Conference

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that Marc Greenberg, Head of Finance, will participate in a virtual fireside chat at th...

1 month ago - Business Wire

Why I Am Buying Blend Labs Stock

Blend Labs could be the hottest new IPO that you don't yet know about.

1 month ago - The Motley Fool

Philippe Laffont Shakes Things Up With Blend Labs

Philippe Laffont (Trades, Portfolio)'s Coatue Management LLC recently disclosed a new stake in Blend Labs Inc. ( BLND , Financial), a fintech software company offering a cloud-based platform for a varie...

1 month ago - GuruFocus

Blend Reports Second Quarter 2021 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced financial results for the second quarter ended June 30, 2021. Second Quarter Financial H...

2 months ago - Business Wire

Forget FICO, 3 Fintech Companies That Are Disrupting Consumer Credit

Technology is increasing access for borrowers and improving decision making for financial institutions.

Other symbols:FICORKTTRUUPST
2 months ago - The Motley Fool

Blend to Announce Second Quarter 2021 Results on August 19, 2021

SAN FRANCISCO, Aug. 5, 2021 /PRNewswire/ -- Blend Labs, Inc (NYSE: BLND), a leader in cloud software, today announced that the Company will host a conference call on Thursday, August 19, 2021 at 5:00 pm...

2 months ago - PRNewsWire

Blend Announces 'Blend Impact' Program to Increase Access to Housing and Financial Services

SAN FRANCISCO, July 27, 2021 /PRNewswire/ -- Blend  (NYSE: BLND), a leader in cloud banking solutions, today announced the launch of Blend Impact, a program focused on increasing access and equity in ho...

2 months ago - PRNewsWire

Blend Labs' Mayopoulos Not Concerned About Mortgage Market

Jul.16 -- Blend Labs President Tim Mayopoulos, former Fannie Mae CEO, sees a favorable environment for consumers and says he's not concerned about the health of the mortgage market. He speaks with Bloom...

3 months ago - Bloomberg Technology

Blend founder on public debut and platform opportunity

Lending start-up Blend's market value is nearly $4 billion. Many top financial companies use the platform to power their customer interfaces.

3 months ago - CNBC Television

Blend Stock Trades At Brisk Pace In NYSE Debut With $360M IPO

Blend Labs, Inc. launched its initial public offering of 20 million shares of Class A common stock on the New York Stock Exchange, starting at $18 per share and crossing the $20-per-share threshold in e...

3 months ago - PYMNTS

Digital lending platform Blend valued at over $4B in its public debut

Mortgages may not be considered sexy, but they are a big business. And if you've refinanced or purchased a home digitally lately, you may or may not have noticed the company powering the software behind...

3 months ago - TechCrunch

Blend Labs Hits A Nearly $4 Billion Valuation As It Makes Its NYSE Debut

Inside Nima Ghamsari's vision for Blend Labs as the mortgage software company begins to trade on the New York Stock Exchange.

3 months ago - Forbes

Blend Announces Pricing of Initial Public Offering

Blend Labs, Inc. ("Blend") today announced the pricing of its initial public offering of its Class A common stock at a price of $18.00 per...

3 months ago - PRNewswire

Blend Labs Co-Founder Nima Ghamsari Given Potential $10.9 Billion Incentive Pay Package

Blend Labs co-founder Nima Ghamsari stands to make $10.9 billion over ten-years as part of an incentive package that resembles Elon Musk's at Tesla.

3 months ago - Forbes

Mortgage-focused Blend revenue nearly doubles on pandemic boost - filing

Mortgage software maker Blend Labs Inc on Monday made public its paperwork for a U.S. initial public offering and revealed a 90% jump in 2020 revenue, helped by the pandemic-led shift to digital banking...

3 months ago - Reuters

Blend Labs IPO Registration Document (S-1)

Blend Labs, Inc. has filed to go public with an IPO on the New York Stock Exchange (NYSE).

3 months ago - SEC