Discontinued — last reported Q3 '23
Business Segments · Equity
Servicing — Equity
New Residential Investment Corp. Servicing — Equity remained flat by 0.0% to $4.23B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 36.3%, from $3.11B to $4.23B. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2022
Last reportedQ3 2023Nov 1, 2023
Rolls up toTotal Equity
How to read this metric
Growth in segment equity generally signals profitable operations and capital retention within the business unit.
Detailed definition
This represents the residual interest in the servicing segment's assets after deducting all its liabilities. It reflects...
Peer comparison
Standard segment equity calculation consistent with internal capital allocation reporting.
Metric ID:
ritm_segment_servicing_equityHistorical Data
10 periods
| Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.17B | $3.17B | $3.11B | $3.11B | $3.26B | $3.26B | $3.58B | $3.58B | $4.23B | $4.23B |
| QoQ Change | — | +0.0% | -1.9% | +0.0% | +5.0% | +0.0% | +9.7% | +0.0% | +18.3% | +0.0% |
| YoY Change | — | — | — | — | — | — | +13.0% | +13.0% | +36.3% | +36.3% |
Range$3.11B – $4.23B
CAGR+13.8%
Avg YoY Growth+24.6%
Median YoY Growth+24.6%
Current Streak7 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — equity?
- New Residential Investment Corp. (NRZ) reported servicing — equity of $4.23B in Q3 2023.
- How has New Residential Investment Corp.'s servicing — equity changed year-over-year?
- New Residential Investment Corp.'s servicing — equity increased by 36.3% year-over-year, from $3.11B to $4.23B.
- What does servicing — equity mean?
- The net value of the servicing segment, calculated as total assets minus total liabilities.