Discontinued — last reported Q3 '23
Business Segments · Income tax expense (benefit)
Consumer Loans — Income tax expense (benefit)
New Residential Investment Corp. Consumer Loans — Income tax expense (benefit) remained flat by 0.0% to $62.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 1650.0%, from -$4.00K to $62.00K. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
Rolls up toIncome Tax
How to read this metric
An increase in expense reduces net profitability, while a tax benefit may indicate tax credits or prior-year adjustments.
Detailed definition
Reflects the tax provision or benefit specifically allocated to the consumer loan segment's operations. This figure acco...
Peer comparison
Standard tax allocation metric found in segment reporting for diversified financial firms.
Metric ID:
ritm_segment_consumer_loans_income_tax_expense_benefitHistorical Data
16 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.00K | $21.00K | -$1.00K | -$1.00K | $37.00K | $37.00K | $1.00K | $1.00K | -$4.00K | -$4.00K | $59.00K | $59.00K | $48.00K | $48.00K | $62.00K | $62.00K |
| QoQ Change | — | +0.0% | -104.8% | +0.0% | >999% | +0.0% | -97.3% | +0.0% | -500.0% | +0.0% | >999% | +0.0% | -18.6% | +0.0% | +29.2% | +0.0% |
| YoY Change | — | — | — | — | — | — | -95.2% | -95.2% | -300.0% | -300.0% | +59.5% | +59.5% | >999% | >999% | >999% | >999% |
Range-$4.00K – $62.00K
CAGR+33.5%
Avg YoY Growth>999%
Median YoY Growth+59.5%
Current Streak3 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s consumer loans — income tax expense (benefit)?
- New Residential Investment Corp. (NRZ) reported consumer loans — income tax expense (benefit) of $62.00K in Q3 2023.
- How has New Residential Investment Corp.'s consumer loans — income tax expense (benefit) changed year-over-year?
- New Residential Investment Corp.'s consumer loans — income tax expense (benefit) increased by 1650.0% year-over-year, from -$4.00K to $62.00K.
- What does consumer loans — income tax expense (benefit) mean?
- The tax expense or benefit attributable to the consumer lending segment.