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New Residential Investment Corp. NRZ Consumer Loans — Interest expense and warehouse line fees

Discontinued — last reported Q3 '23

Similar metrics at other companies

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ABCBWarehouse Lending — Interest Expense
$10.25M+10.2%
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ABCBWarehouse Lending — Noninterest Expense
$766K-11.6%
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ABCBWarehouse Lending — Other expenses
$179K-33.7%
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ABCBWarehouse Lending — Interest Income (Expense), Operating
$7.59M+28.7%
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AUBConsumer Banking — Loan Related Expenses
$1.25M+62.0%
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ABCBWarehouse Lending — Data processing and communications expenses
$35K-7.9%

Other financials

Income statement

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Revenue$1.4B+41.3%
Net income$102.7M+30.3%
EPS (diluted)$0.12+71.4%

Balance sheet

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Cash & equivalents$2.5B+64.9%
Total debt$169.7M-99.5%
Total equity$8.6B+10.7%
Total assets$53.4B+17.7%

Cash flow

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Operating cash flow$100.7M-92.9%

Valuation

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Market cap$0-11.6%

Profitability

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Net margin14.4%-1.0pp

Returns & leverage

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Return on equity8.8%-0.9pp
Debt / equity-4.3×

Where this comes from

Reported directly by New Residential Investment Corp. in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The official record: New Residential Investment Corp.’s 10-Q, filed November 1, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Residential Investment Corp.'s consumer loans — interest expense and warehouse line fees?
New Residential Investment Corp. (NRZ) reported consumer loans — interest expense and warehouse line fees of $26.29M in Q3 2023.
How has New Residential Investment Corp.'s consumer loans — interest expense and warehouse line fees changed year-over-year?
New Residential Investment Corp.'s consumer loans — interest expense and warehouse line fees increased by 1265.5% year-over-year, from $1.93M to $26.29M.
What does consumer loans — interest expense and warehouse line fees mean?
This metric captures the costs associated with financing the segment's loan portfolio and origination activities, including interest paid on warehouse lines of credit. It reflects the cost of capital required to maintain the segment's operations. This is a key measure of the segment's funding efficiency.