Discontinued — last reported Q3 '23
Business Segments · Operating Expenses
Consumer Loans — Operating Expenses
New Residential Investment Corp. Consumer Loans — Operating Expenses remained flat by 0.0% to $30.83M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 687.2%, from $3.92M to $30.83M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Operating Expenses
How to read this metric
Lower operating expenses relative to revenue indicate higher operational efficiency and profitability.
Detailed definition
This metric represents the total operating costs incurred by the Consumer Loans segment, aggregating all administrative,...
Peer comparison
Standard measure of total segment operating costs used to assess profitability.
Metric ID:
ritm_segment_consumer_loans_operating_expensesHistorical 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 | $5.79M | $5.79M | $5.21M | $5.21M | $4.52M | $4.52M | $4.25M | $4.25M | $3.92M | $3.92M | $3.45M | $3.45M | $7.05M | $7.05M | $30.83M | $30.83M |
| QoQ Change | — | +0.0% | -10.0% | +0.0% | -13.3% | +0.0% | -5.9% | +0.0% | -7.8% | +0.0% | -12.0% | +0.0% | +104.6% | +0.0% | +337.3% | +0.0% |
| YoY Change | — | — | — | — | — | — | -26.6% | -26.6% | -24.8% | -24.8% | -23.7% | -23.7% | +65.9% | +65.9% | +687.2% | +687.2% |
Range$3.45M – $30.83M
CAGR+56.2%
Avg YoY Growth+135.6%
Median YoY Growth-23.7%
Current Streak5 quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s consumer loans — operating expenses?
- New Residential Investment Corp. (NRZ) reported consumer loans — operating expenses of $30.83M in Q3 2023.
- How has New Residential Investment Corp.'s consumer loans — operating expenses changed year-over-year?
- New Residential Investment Corp.'s consumer loans — operating expenses increased by 687.2% year-over-year, from $3.92M to $30.83M.
- What does consumer loans — operating expenses mean?
- The total cost of operating the consumer loan business segment.