Discontinued — last reported Q1 '22

Business Segments · Interest Expense

Consumer Loans — Interest Expense

New Residential Investment Corp. Consumer Loans — Interest Expense remained flat by 0.0% to $2.26M in Q1 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ1 2022May 6, 2022
Rolls up toInterest Expense

How to read this metric

An increase may signal higher leverage or rising interest rates, potentially compressing net interest margins.

Detailed definition

The total cost of interest incurred on debt obligations specifically allocated to the consumer loan segment. This includ...

Peer comparison

Standard financial metric; peers report this as 'Interest Expense' within segment-level income statements.

Metric ID: ritm_segment_consumer_loans_interest_expense

Historical Data

8 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22
Value$2.87M$2.87M$2.66M$2.66M$2.45M$2.45M$2.26M$2.26M
QoQ Change+0.0%-7.6%+0.0%-7.7%+0.0%-7.7%+0.0%
Range$2.26M$2.87M
CAGR-12.8%

Frequently Asked Questions

What is New Residential Investment Corp.'s consumer loans — interest expense?
New Residential Investment Corp. (NRZ) reported consumer loans — interest expense of $2.26M in Q1 2022.
What does consumer loans — interest expense mean?
The total interest costs paid on debt used to fund the consumer loan business.