How do you interpret mortgage banking — fees and commissions mortgage banking?

An increase reflects higher loan origination volume or improved fee structures per loan.

How does mortgage banking — fees and commissions mortgage banking compare across companies?

Standard revenue line item for mortgage banking divisions, reflecting operational scale and customer capture.

NVR NVR Mortgage Banking — Fees And Commissions Mortgage Banking

Discontinued — last reported Q2 '18

Similar metrics at other companies

RCResidential Mortgage Banking — Fees And Commissions Mortgage Banking

$10.74M—

RCResidential Mortgage Banking — Fees And Commissions Mortgage Banking And Servicing

$4.14M+553%

MTBResidential Mortgage Banking — Noninterest Income

$125K-77.6%

FCNCAMortgage Banking — Revenue (Gross)

$7.44M+80.4%

BPOPMortgage Banking Activities — Fees And Commissions Mortgage Banking And Servicing

——

BPOPMortgage Banking Activities

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Other financials

Income statement

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Revenue$1.9B-21.7%

Net income$198.4M-33.8%

EPS (diluted)$67.76-28.5%

Balance sheet

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Cash & equivalents$1.7B-24.4%

Total debt$41.0M-1.0%

Total equity$3.5B-11.6%

Total assets$5.6B-9.8%

Cash flow

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Operating cash flow$339.7M+63.5%

CapEx$4.9M-31.0%

Free cash flow$334.8M+66.8%

Valuation

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Market cap$17.52B-14.9%

Enterprise value$15.83B-13.7%

P/E14.2×+1.2×

P/S1.8×-0.2×

Profitability

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Operating margin9.7%—

Net margin12.6%-2.3pp

FCF margin12.6%-0.7pp

Returns & leverage

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Return on equity33.3%-5.0pp

Debt / equity0×0.0×

Where this comes from

Reported directly by NVR in its filing.

Tagged under the XBRL concept us-gaap:FeesAndCommissionsMortgageBanking.

The official record: NVR’s 10-Q, filed July 30, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does mortgage banking — fees and commissions mortgage banking mean?: Income earned from mortgage origination services and administrative fees.
How do you interpret mortgage banking — fees and commissions mortgage banking?: An increase reflects higher loan origination volume or improved fee structures per loan.
How does mortgage banking — fees and commissions mortgage banking compare across companies?: Standard revenue line item for mortgage banking divisions, reflecting operational scale and customer capture.