Blend Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Blend Labs, Inc. Class A (BLND)
Company Research
Source: Yahoo! Finance
SAN FRANCISCO, May 08, 2024 BUSINESS WIRE )--Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its first quarter 2024 financial results. "Blend continued to grow our customer base and product suite in the first quarter. We welcomed new customers, executed large-scale deployments, including two of the top 10 credit unions in the U.S.*, and grew our pipeline, which now includes two more of the largest financial institutions in the country. "We also added core functionality to our platform, improving key aspects of the mortgage process with an automated Loan Estimate and an updated Spanish language intake form with additional capabilities, as well as offering more deposit account funding methods to drive additional deposits to our customers, and expanding further the ability to verify income in real time. "Lastly, we solidified our future growth plans by adding a $150 million investment from Haveli Investments to our balance sheet. Blend is now debt
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News
- Blend Labs, Inc. (NYSE: BLND) had its price target raised by analysts at Keefe, Bruyette & Woods from $2.65 to $3.00. They now have a "market perform" rating on the stock.MarketBeat
- Blend Labs, Inc. (NYSE: BLND) had its "hold" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $3.00 price target on the stock.MarketBeat
- Blend Labs (BLND) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Blend Labs: Q1 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
- Blend Announces First Quarter 2024 Financial ResultsBusiness Wire
BLND
Earnings
- 5/8/24 - Beat
BLND
Sec Filings
- 5/15/24 - Form 4
- 5/14/24 - Form 4
- 5/13/24 - Form 144
- BLND's page on the SEC website