Discontinued — last reported Q4 '24

Business Segments · Loans held-for-investment, net

Financial Services — Loans held-for-investment, net

Lennar Financial Services — Loans held-for-investment, net increased by 9.9% to $60.97M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $55.46M to $60.97M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ4 2024Jan 23, 2025
Rolls up toNet loans

How to read this metric

Higher levels indicate a larger portfolio of interest-earning assets but also higher exposure to credit risk and interest rate fluctuations.

Detailed definition

The aggregate net balance of mortgage loans retained by the financial services segment, net of any allowance for loan lo...

Peer comparison

Comparable to 'Net Loans' or 'Portfolio Loans' reported by mortgage banking subsidiaries of major homebuilders.

Metric ID: len_segment_financial_services_loans_held_for_investment_net

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q4 '23Q4 '24
Value$77.68M$61.28M$44.58M$33.17M$28.23M$38.94M$45.64M$55.46M$60.97M
QoQ Change-21.1%-27.3%-25.6%-14.9%+37.9%+17.2%+21.5%+9.9%
YoY Change-63.7%-36.5%+2.4%+21.5%+9.9%
Range$28.23M$77.68M
CAGR-11.4%
Avg YoY Growth-13.3%
Median YoY Growth+2.4%
Current Streak4 quarters growth

Frequently Asked Questions

What is Lennar's financial services — loans held-for-investment, net?
Lennar (LEN) reported financial services — loans held-for-investment, net of $60.97M in Q3 2024.
How has Lennar's financial services — loans held-for-investment, net changed year-over-year?
Lennar's financial services — loans held-for-investment, net increased by 9.9% year-over-year, from $55.46M to $60.97M.
What does financial services — loans held-for-investment, net mean?
The total net value of mortgage loans held by the company for interest income.