Discontinued — last reported Q3 '23

Business Segments · Equity

Consumer Loans — Equity

New Residential Investment Corp. Consumer Loans — Equity remained flat by 0.0% to $272.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 117.1%, from $125.27M to $272.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2022
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Equity

How to read this metric

Growth in segment equity indicates successful capital retention and profitable operations within the segment.

Detailed definition

This represents the residual interest in the Consumer Loans segment's assets after deducting all liabilities, effectivel...

Peer comparison

A key metric for evaluating the capital allocation and value creation of specific business units.

Metric ID: ritm_segment_consumer_loans_equity

Historical Data

10 periods
 Q2 '22Q2 '22Q3 '22Q3 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23
Value$119.39M$119.39M$125.27M$125.27M$96.39M$96.39M$258.60M$258.60M$272.00M$272.00M
QoQ Change+0.0%+4.9%+0.0%-23.1%+0.0%+168.3%+0.0%+5.2%+0.0%
YoY Change+116.6%+116.6%+117.1%+117.1%
Range$96.39M$272.00M
CAGR+44.2%
Avg YoY Growth+116.9%
Median YoY Growth+116.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is New Residential Investment Corp.'s consumer loans — equity?
New Residential Investment Corp. (NRZ) reported consumer loans — equity of $272.00M in Q3 2023.
How has New Residential Investment Corp.'s consumer loans — equity changed year-over-year?
New Residential Investment Corp.'s consumer loans — equity increased by 117.1% year-over-year, from $125.27M to $272.00M.
What does consumer loans — equity mean?
The net value of the consumer lending segment, calculated as total assets minus total liabilities.