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Discontinued — last reported Q3 '24

Business Segments · Equity

Asset Management — Equity

New Residential Investment Corp. Asset Management — Equity increased by 17.1% to $760.37M in Q3 2024 compared to the prior quarter.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2024
Last reportedQ3 2024Nov 5, 2024
Rolls up toTotal Equity

How to read this metric

An increase suggests capital expansion or reinvestment, while a decrease may indicate capital withdrawal or asset divestiture.

Detailed definition

This metric represents the total net assets or capital base allocated to the asset management segment. It reflects the r...

Peer comparison

Similar to segment-level equity or capital allocation disclosures in financial services and investment management reporting.

Metric ID: ritm_segment_asset_management_equity

Historical Data

2 periods
 Q1 '24Q3 '24
Value$649.25M$760.37M
QoQ Change+17.1%
Range$649.25M$760.37M

Frequently Asked Questions

What is New Residential Investment Corp.'s asset management — equity?
New Residential Investment Corp. (NRZ) reported asset management — equity of $760.37M in Q3 2024.
What does asset management — equity mean?
The total net capital invested in or attributable to the asset management business segment.