Discontinued — last reported Q3 '23
Business Segments · Net Income
Residential Securities, Properties and Loans — Net Income
New Residential Investment Corp. Residential Securities, Properties and Loans — Net Income remained flat by 0.0% to -$127.17M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 16.6%, from -$109.09M to -$127.17M. 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 strong segment performance and effective cost management.
Detailed definition
This is the final bottom-line profit for the residential securities, properties, and loans segment after all expenses, t...
Peer comparison
Equivalent to 'Segment Net Income' or 'Segment Contribution to Net Income' in peer reports.
Metric ID:
ritm_segment_residential_securities_properties_and_loans_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 | $165.25M | $165.25M | -$20.12M | -$20.12M | -$32.58M | -$32.58M | -$92.50M | -$92.50M | -$109.09M | -$109.09M | -$30.51M | -$30.51M | $82.00M | $82.00M | -$127.17M | -$127.17M |
| QoQ Change | — | +0.0% | -112.2% | +0.0% | -61.9% | +0.0% | -183.9% | +0.0% | -17.9% | +0.0% | +72.0% | +0.0% | +368.8% | +0.0% | -255.1% | +0.0% |
| YoY Change | — | — | — | — | — | — | -156.0% | -156.0% | -442.1% | -442.1% | +6.4% | +6.4% | +188.6% | +188.6% | -16.6% | -16.6% |
Range-$127.17M – $165.25M
CAGR-6.7%
Avg YoY Growth-83.9%
Median YoY Growth-16.6%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s residential securities, properties and loans — net income?
- New Residential Investment Corp. (NRZ) reported residential securities, properties and loans — net income of -$127.17M in Q3 2023.
- How has New Residential Investment Corp.'s residential securities, properties and loans — net income changed year-over-year?
- New Residential Investment Corp.'s residential securities, properties and loans — net income decreased by 16.6% year-over-year, from -$109.09M to -$127.17M.
- What does residential securities, properties and loans — net income mean?
- The total net profit generated by the residential securities and loans segment.