Every material Form 8-K Green Brick Partners filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Green Brick Partners signed a Twelfth Amendment to its credit agreement with Flagstar Bank, N.A. as administrative agent, effective December 13, 2024. The amendment lowers interest rate and non-use fees under a leverage-based pricing grid, increases total commitments to $330 million, and extends maturity of all commitments to December 14, 2027.
Total commitments rise to $330 million after one lender with a $25 million commitment was removed and $30 million in new commitments were added.
Interest rate and non-use fee reductions apply under a new leverage-based pricing grid.
All commitment maturities are extended to December 14, 2027; other material terms are unchanged.
Green Brick Partners reported record third-quarter 2024 results, with total revenues of $523.7 million, up 25.0%, and diluted EPS of $1.98, up 26.9% from a year earlier. Management said it expects record revenue for fiscal 2024, and the company also announced a quarterly dividend of $0.35938 per depositary share on its Series A Preferred Stock.
Total revenues of $523.7 million, up 25.0%; net income attributable to Green Brick of $89.1 million, up 23.5%.
Diluted EPS of $1.98 versus $1.56 a year earlier; nine-month diluted EPS of $6.12, up 34.5%.
Homebuilding gross margin of 32.7%, down from 33.3% a year earlier (down 60 basis points).
Preferred dividend of $0.35938 per depositary share; record date December 1, 2024, payment date December 13, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Green Brick Partners filing is on SEC EDGAR ↗. 8-K briefs of other companies →