Discontinued — last reported Q3 '23
Business Segments · Other income (loss), net
Consumer Loans — Other income (loss), net
New Residential Investment Corp. Consumer Loans — Other income (loss), net remained flat by 0.0% to -$2.41M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 127.7%, from $8.70M to -$2.41M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023Nov 1, 2023
Rolls up toOther income (loss), net
How to read this metric
An increase suggests higher secondary revenue streams, while a decrease may indicate lower fee income or realized losses on asset sales.
Detailed definition
Represents ancillary revenue or expenses generated by the consumer loan segment that are not derived from core interest...
Peer comparison
Similar to 'Other Non-Interest Income' in traditional banking or specialty finance segments.
Metric ID:
ritm_segment_consumer_loans_other_income_loss_netHistorical Data
18 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '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 | $2.37M | $2.37M | $415.00K | $415.00K | $1.36M | $1.36M | $8.77M | $8.77M | $15.73M | $15.73M | $8.70M | $8.70M | -$8.72M | -$8.72M | $5.40M | $5.40M | -$2.41M | -$2.41M |
| QoQ Change | — | +0.0% | -82.5% | +0.0% | +227.7% | +0.0% | +545.0% | +0.0% | +79.3% | +0.0% | -44.7% | +0.0% | -200.2% | +0.0% | +161.9% | +0.0% | -144.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +564.3% | +564.3% | >999% | >999% | -199.4% | -199.4% | -65.7% | -65.7% | -127.7% | -127.7% |
Range-$8.72M – $15.73M
CAGR+0.4%
Avg YoY Growth+433.6%
Median YoY Growth-65.7%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s consumer loans — other income (loss), net?
- New Residential Investment Corp. (NRZ) reported consumer loans — other income (loss), net of -$2.41M in Q3 2023.
- How has New Residential Investment Corp.'s consumer loans — other income (loss), net changed year-over-year?
- New Residential Investment Corp.'s consumer loans — other income (loss), net decreased by 127.7% year-over-year, from $8.70M to -$2.41M.
- What does consumer loans — other income (loss), net mean?
- Net non-core income generated by the consumer lending business segment.