Discontinued — last reported Q3 '24
New Residential Investment Corp. Mortgage Loans Receivable — Net income (loss) remained flat by 0.0% to $32.39M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 61.0%, from $20.12M to $32.39M. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher net income indicates strong segment performance and effective management of interest spreads and operational costs.
The total net profit or loss generated by the Mortgage Loans Receivable segment after accounting for all operating expen...
Commonly reported by mortgage REITs and financial institutions to show segment-level contribution to total firm earnings.
ritm_segment_mortgage_loans_receivable_net_income_loss| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $1.42M | $1.42M | $7.02M | $7.02M | $9.75M | $9.75M | $44.93M | $44.93M | $24.79M | $24.79M | $10.41M | $10.41M | $28.22M | $28.22M | $20.12M | $20.12M | $41.42M | $41.42M | $29.72M | $29.72M | $32.39M | $32.39M |
| QoQ Change | — | — | — | — | — | +0.0% | +395.3% | +0.0% | +38.9% | +0.0% | +360.9% | +0.0% | -44.8% | +0.0% | -58.0% | +0.0% | +171.1% | +0.0% | -28.7% | +0.0% | +105.9% | +0.0% | -28.3% | +0.0% | +9.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | — | >999% | >999% | +48.3% | +48.3% | +189.5% | +189.5% | -55.2% | -55.2% | +297.9% | +297.9% | +5.3% | +5.3% | +61.0% | +61.0% |