Discontinued — last reported Q1 '22
Business Segments · Income tax expense (benefit)
Servicing and Origination — Income tax expense (benefit)
New Residential Investment Corp. Servicing and Origination — Income tax expense (benefit) remained flat by 0.0% to $199.10M in Q1 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ3 2017
Last reportedQ1 2022May 6, 2022
Rolls up toIncome Tax
How to read this metric
Fluctuations are generally driven by changes in pre-tax income or changes in the effective tax rate applied to the segment.
Detailed definition
The tax provision or benefit allocated to the servicing and origination segment. This reflects the tax impact of the seg...
Peer comparison
Standard tax allocation metric for business segments.
Metric ID:
ritm_segment_servicing_and_origination_income_tax_expense_benefitHistorical Data
8 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | |
|---|---|---|---|---|---|---|---|---|
| Value | -$45.52M | -$45.52M | $20.83M | $20.83M | $21.23M | $21.23M | $199.10M | $199.10M |
| QoQ Change | — | +0.0% | +145.8% | +0.0% | +1.9% | +0.0% | +837.9% | +0.0% |
Range-$45.52M – $199.10M
CAGR+132.4%
Current Streak7+ quarters growth
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Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing and origination — income tax expense (benefit)?
- New Residential Investment Corp. (NRZ) reported servicing and origination — income tax expense (benefit) of $199.10M in Q1 2022.
- What does servicing and origination — income tax expense (benefit) mean?
- The tax expense or benefit attributed to this specific business segment.