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Blend Labs, Inc. (BLND)

Stock Price: $17.00 USD -0.60 (-3.41%)
Updated Jul 27, 2021 4:00 PM EDT - Market closed
Market Cap 3.73B
Revenue (ttm) 123.68M
Net Income (ttm) -72.80M
Shares Out 219.59M
EPS (ttm) -0.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day July 27
Last Price $17.00
Previous Close $17.60
Change ($) -0.60
Change (%) -3.41%
Day's Open 17.72
Day's Range 16.76 - 17.90
Day's Volume 489,731
52-Week Range 16.05 - 21.04

News

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Blend Labs' Mayopoulos Not Concerned About Mortgage Market

YouTube video

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...

1 week ago - Bloomberg Technology

Blend founder on public debut and platform opportunity

YouTube video

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

1 week ago - CNBC Television

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...

1 week ago - PYMNTS

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...

1 week ago - TechCrunch

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

1 week ago - Forbes

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...

1 week ago - PRNewswire

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.

1 month ago - Forbes

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...

1 month ago - Reuters

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

1 month ago - SEC

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... [Read more...]

Industry
Software-Infrastructure
IPO Date
Jul 16, 2021
CEO
Nima Ghamsari
Employees
577
Stock Exchange
NYSE
Ticker Symbol
BLND
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