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Guild Mortgage Recognized by San Diego Business Journal
Guild Mortgage has been named as one of the San Diego Business Journal’s Fastest Growing Private Companies for 2017, marking its third appearance on the list in the past four years. Guild ranked No. 49 on the list, with revenue growth of 121.7 percent from 2014-16 ($358.8 million to $795.5 million). Guild was the largest of the 100 companies to be featured on the list based on total revenue in 2016. The company was ranked 90th on the list in 2016 and 41st in 2014.
Guild is one of three companies listed maintaining high energy and entrepreneurial momentum with more than five decades of continuous operation, and the only financial services company in this cluster of early innovators; the remaining 97 companies on the list were established in the 1980s or after. Born in a trailer in 1960, Guild has grown from one office in San Diego to more than 3,600 employees operating from 250 branch and satellite offices in 25 states today.
“Our continuing growth results from our focus on customer service and the entrepreneurial spirit of our people,” said Mary Ann McGarry, Guild’s President and Chief Executive Officer. “This has helped us succeed in delivering on our mission to offer a wide array of options and to help first-time homebuyers make the transition to homeownership.”
To be considered one of the SDBJ’s “Fastest Growing” companies, organizations were required to be in business for the entire year of 2014 (the first year of the comparison) and have generated more than $350,000 in revenues. Businesses were also required to be San Diego County-based, independent and privately held; and not a division or subsidiary of another organization, public or private. The publication reviewed financial details of each organization’s business operations in 2014, 2015 and 2016.
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