Discontinued — last reported Q3 '24
Business Segments · Net income (loss)
Origination and Servicing — Net income (loss)
New Residential Investment Corp. Origination and Servicing — Net income (loss) remained flat by 0.0% to -$227.51M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 163.9%, from $356.15M to -$227.51M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2024Nov 5, 2024
Rolls up toNet Income
How to read this metric
Consistent growth in net income indicates strong operational performance and effective cost management.
Detailed definition
The total profit or loss generated by the Origination and Servicing segment, calculated as total revenues minus all oper...
Peer comparison
Standard segment performance metric used across all public companies.
Metric ID:
ritm_segment_origination_and_servicing_net_income_lossHistorical Data
12 periods
| 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 | $167.69M | $167.69M | $277.71M | $277.71M | $356.15M | $356.15M | $311.95M | $311.95M | $208.78M | $208.78M | -$227.51M | -$227.51M |
| QoQ Change | — | +0.0% | +65.6% | +0.0% | +28.2% | +0.0% | -12.4% | +0.0% | -33.1% | +0.0% | -209.0% | +0.0% |
| YoY Change | — | — | — | — | — | — | +86.0% | +86.0% | -24.8% | -24.8% | -163.9% | -163.9% |
Range-$227.51M – $356.15M
CAGR+11.7%
Avg YoY Growth-34.2%
Median YoY Growth-24.8%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s origination and servicing — net income (loss)?
- New Residential Investment Corp. (NRZ) reported origination and servicing — net income (loss) of -$227.51M in Q3 2024.
- How has New Residential Investment Corp.'s origination and servicing — net income (loss) changed year-over-year?
- New Residential Investment Corp.'s origination and servicing — net income (loss) decreased by 163.9% year-over-year, from $356.15M to -$227.51M.
- What does origination and servicing — net income (loss) mean?
- The total profit or loss of the origination and servicing business unit.