Discontinued — last reported Q1 '24
Asset Management Interest Income — Total Revenues
New Residential Investment Corp. Asset Management Interest Income — Total Revenues remained flat by 0.0% to $4.90M in Q1 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher yields on managed assets or growth in interest-bearing assets under management, while a decrease may indicate lower interest rate environments or a reduction in the size of the interest-earning portfolio.
Detailed definition
This metric represents the interest income generated specifically from the asset management segment of the business. It...
Peer comparison
Comparable to net interest income or interest revenue reported by other asset managers, mortgage REITs, or investment firms with significant interest-earning asset portfolios.
ritm_segment_asset_management_interest_income_total_revenuesHistorical Data
| Q1 '24 | Q1 '24 | |
|---|---|---|
| Value | $4.90M | $4.90M |
| QoQ Change | — | +0.0% |
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Frequently Asked Questions
- What is New Residential Investment Corp.'s asset management interest income — total revenues?
- New Residential Investment Corp. (NRZ) reported asset management interest income — total revenues of $4.90M in Q1 2024.
- What does asset management interest income — total revenues mean?
- The total interest income earned by the company's asset management division.