Discontinued — last reported Q3 '23
Business Segments · Interest Income
Corporate — Interest Income
New Residential Investment Corp. Corporate — Interest Income increased by 10.0% to $2.14M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 60.2%, from $5.39M to $2.14M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ3 2015
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Interest Income
How to read this metric
An increase reflects higher cash balances or improved yields on corporate liquidity, while a decrease suggests lower cash reserves or a lower interest rate environment.
Detailed definition
This represents the interest revenue generated from the company's corporate-level cash balances, short-term investments,...
Peer comparison
Standard line item for all financial institutions; comparable to 'Interest Income' in the corporate treasury function of peers.
Metric ID:
ritm_segment_corporate_interest_incomeHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0 | $14.44M | $6.9M | $6.44M | $5.25M | $5.39M | $3.7M | $2.65M | $1.95M | $2.14M |
| QoQ Change | — | — | -52.2% | -6.7% | -18.4% | +2.5% | -31.3% | -28.3% | -26.5% | +10.0% |
| YoY Change | — | — | — | — | — | -62.7% | -46.4% | -58.8% | -62.9% | -60.2% |
Range$0 – $14.44M
Avg YoY Growth-58.2%
Median YoY Growth-60.2%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s corporate — interest income?
- New Residential Investment Corp. (NRZ) reported corporate — interest income of $2.14M in Q3 2023.
- How has New Residential Investment Corp.'s corporate — interest income changed year-over-year?
- New Residential Investment Corp.'s corporate — interest income decreased by 60.2% year-over-year, from $5.39M to $2.14M.
- What does corporate — interest income mean?
- Interest earned on corporate cash and short-term investments.