What is New Residential Investment Corp.'s servicing — goodwill?

New Residential Investment Corp. (NRZ) reported servicing — goodwill of $12.54M in Q3 2023.

How has New Residential Investment Corp.'s servicing — goodwill changed year-over-year?

New Residential Investment Corp.'s servicing — goodwill decreased by 0.0% year-over-year, from $12.54M to $12.54M.

What does servicing — goodwill mean?

The premium paid for past acquisitions within the servicing segment that exceeds the value of the acquired net assets.

Discontinued — last reported Q3 '23

Servicing — Goodwill

New Residential Investment Corp. Servicing — Goodwill remained flat by 0.0% to $12.54M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $12.54M to $12.54M.

Analysis

StatementSegment

CategoryGrowth

SignalContext dependent

VolatilityStable

First reportedQ4 2021

Last reportedQ3 2023Nov 1, 2023

Rolls up toGoodwill

How to read this metric

An increase suggests recent M&A activity, while a decrease may signal impairment charges due to underperformance.

Detailed definition

This represents the intangible asset value recorded when the servicing segment acquires other businesses for a price exc...

Peer comparison

Standard goodwill reporting consistent with GAAP/IFRS requirements for business combinations.

Metric ID: ritm_segment_servicing_goodwill

Historical Data

14 periods

	Q4 '21	Q4 '21	Q2 '22	Q2 '22	Q3 '22	Q3 '22	Q4 '22	Q4 '22	Q1 '23	Q1 '23	Q2 '23	Q2 '23	Q3 '23	Q3 '23
Value	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M	$12.54M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%
YoY Change	—	—	—	—	—	—	+0.0%	+0.0%	—	—	+0.0%	+0.0%	+0.0%	+0.0%

Range$12.54M – $12.54M

CAGR+0.0%

Avg YoY Growth+0.0%

Median YoY Growth+0.0%

Current Streak13+ quarters growth

Similar Metrics at Other Companies

Northern TrustNTRS View metric

Starwood Property TrustSTWD View metric

Brown & BrownBRO View metric

Frequently Asked Questions

What is New Residential Investment Corp.'s servicing — goodwill?: New Residential Investment Corp. (NRZ) reported servicing — goodwill of $12.54M in Q3 2023.
How has New Residential Investment Corp.'s servicing — goodwill changed year-over-year?: New Residential Investment Corp.'s servicing — goodwill decreased by 0.0% year-over-year, from $12.54M to $12.54M.
What does servicing — goodwill mean?: The premium paid for past acquisitions within the servicing segment that exceeds the value of the acquired net assets.