Discontinued — last reported Q3 '23
Business Segments · Net Income
MSR Related Investments — Net Income
New Residential Investment Corp. MSR Related Investments — Net Income remained flat by 0.0% to -$23.83M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 62.7%, from -$14.65M to -$23.83M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2021
Last reportedQ3 2023Nov 1, 2023
Rolls up toNet Income
How to read this metric
Higher net income indicates a more profitable and successful segment performance.
Detailed definition
Represents the total net profit or loss generated by the MSR-related investment segment after all expenses, taxes, and n...
Peer comparison
Comparable to 'Segment Net Income' reported by diversified financial services companies.
Metric ID:
ritm_segment_msr_related_investments_net_incomeHistorical 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 | -$161.25M | -$161.25M | -$25.55M | -$25.55M | $113.27M | $113.27M | $32.06M | $32.06M | -$14.65M | -$14.65M | -$29.85M | -$29.85M | $53.36M | $53.36M | -$23.83M | -$23.83M |
| QoQ Change | — | +0.0% | +84.2% | +0.0% | +543.4% | +0.0% | -71.7% | +0.0% | -145.7% | +0.0% | -103.7% | +0.0% | +278.8% | +0.0% | -144.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | +119.9% | +119.9% | +42.6% | +42.6% | -126.4% | -126.4% | +66.5% | +66.5% | -62.7% | -62.7% |
Range-$161.25M – $113.27M
CAGR-39.9%
Avg YoY Growth+8.0%
Median YoY Growth+42.6%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s msr related investments — net income?
- New Residential Investment Corp. (NRZ) reported msr related investments — net income of -$23.83M in Q3 2023.
- How has New Residential Investment Corp.'s msr related investments — net income changed year-over-year?
- New Residential Investment Corp.'s msr related investments — net income decreased by 62.7% year-over-year, from -$14.65M to -$23.83M.
- What does msr related investments — net income mean?
- The final net profit or loss of the Mortgage Servicing Rights investment segment.