Discontinued — last reported Q3 '24
Business Segments · Net Income
Mortgage Loans Receivable — Net Income
Rithm Capital Mortgage Loans Receivable — Net Income remained flat by 0.0% to $32.39M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 61.0%, from $20.12M to $32.39M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2021
Last reportedQ3 2024Nov 5, 2024
Rolls up toNet Income
How to read this metric
An increase indicates improved profitability or operational efficiency within the mortgage lending portfolio, while a decrease suggests rising costs or credit losses.
Detailed definition
This represents the total profit generated by the Mortgage Loans Receivable business segment after accounting for all op...
Peer comparison
Standard across mortgage REITs and financial services firms reporting segment-level earnings.
Metric ID:
ritm_segment_mortgage_loans_receivable_net_incomeHistorical Data
22 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $7.02M | $7.02M | $9.75M | $9.75M | $44.93M | $44.93M | $10.41M | $10.41M | $28.22M | $28.22M | $20.12M | $20.12M | $41.42M | $41.42M | $29.72M | $29.72M | $32.39M | $32.39M |
| QoQ Change | — | — | — | — | — | +0.0% | +38.9% | +0.0% | +360.9% | +0.0% | -76.8% | +0.0% | +171.1% | +0.0% | -28.7% | +0.0% | +105.9% | +0.0% | -28.3% | +0.0% | +9.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | +48.3% | +48.3% | +189.5% | +189.5% | -55.2% | -55.2% | +297.9% | +297.9% | +5.3% | +5.3% | +61.0% | +61.0% |
Range$0.00 – $44.93M
Avg YoY Growth+91.1%
Median YoY Growth+54.7%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Rithm Capital's mortgage loans receivable — net income?
- Rithm Capital (RITM) reported mortgage loans receivable — net income of $32.39M in Q3 2024.
- How has Rithm Capital's mortgage loans receivable — net income changed year-over-year?
- Rithm Capital's mortgage loans receivable — net income increased by 61.0% year-over-year, from $20.12M to $32.39M.
- What does mortgage loans receivable — net income mean?
- The total net profit earned specifically by the mortgage loans receivable business unit.