Discontinued — last reported Q1 '22
New Residential Investment Corp. Servicing and Origination — Net income (loss) remained flat by 0.0% to $735.46M in Q1 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Positive and growing net income indicates a healthy, profitable segment that adds value to the parent company.
The final bottom-line profit or loss for the servicing and origination segment after all expenses, taxes, and noncontrol...
Standard net income metric for business segments.
ritm_segment_servicing_and_origination_net_income_loss| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | |
|---|---|---|---|---|---|---|---|---|
| Value | -$185.67M | -$185.67M | $197.22M | $197.22M | $179.02M | $179.02M | $735.46M | $735.46M |
| QoQ Change | — | +0.0% | +206.2% | +0.0% | -9.2% | +0.0% | +310.8% | +0.0% |