Rithm Capital Corp
For the period ended Jun 30, 2024. Filed Aug 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 12, 2024
RITM$9.44+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders’ Equity
RITHM CAPITAL CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)
FOR THE THREE MONTHS ENDED JUNE 30, 2024 AND 2023
(dollars in thousands, except share and per share data)
| Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Income · Total Rithm Capital Stockholders’ Equity · Noncontrolling Interests in Equity of Consolidated Subsidiaries · Total Equity | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||||
| Balance at March 31, 2024 | 51,964,122 | $1,257,254 | 483,477,713 | $4,836 | $6,075,080 | $(232,119) | $44,501 | $7,149,552 | $93,820 | $7,243,372 | |||||
| Dividends declared on common stock | — | — | — | — | — | (122,433) | — | (122,433) | — | (122,433) | |||||
| Dividends declared on preferred stock | — | — | — | — | — | (22,395) | — | (22,395) | — | (22,395) | |||||
| Capital contributions | — | — | — | — | — | — | — | — | 30,297 | 30,297 | |||||
| Capital distributions | — | — | — | — | — | — | — | — | (7,015) | (7,015) | |||||
| Issuance of common stock | — | — | 6,097,793 | 60 | 69,190 | — | — | 69,250 | — | 69,250 | |||||
| Purchase of non-controlling interest | — | — | — | — | — | — | — | — | (26,042) | (26,042) | |||||
| Director share grants and non-cash stock-based compensation | — | — | 156,916 | 1 | 18,602 | (1,794) | 16,809 | — | 16,809 | ||||||
| Comprehensive income (loss): | |||||||||||||||
| Net income (loss) | — | — | — | — | — | 235,556 | — | 235,556 | 2,961 | 238,517 | |||||
| Unrealized gain (loss) on available-for-sale securities, net | — | — | — | — | — | — | 412 | 412 | — | 412 | |||||
| Cumulative translation adjustment, net | — | — | — | — | — | — | (204) | (204) | — | (204) | |||||
| Deferred taxes | — | — | — | — | — | — | 46 | 46 | — | 46 | |||||
| Total comprehensive income (loss) | 235,810 | 2,961 | 238,771 | ||||||||||||
| Balance at June 30, 2024 | 51,964,122 | $1,257,254 | 489,732,422 | $4,897 | $6,162,872 | $(143,185) | $44,755 | $7,326,593 | $94,021 | $7,420,614 | |||||
| Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Income · Total Rithm Capital Stockholders’ Equity · Noncontrolling Interests in Equity of Consolidated Subsidiaries · Total Equity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||
| Balance at March 31, 2023 | 51,964,122 | $1,257,254 | 483,017,747 | $4,832 | $6,062,051 | $(470,562) | $40,631 | $6,894,206 | $60,337 | $6,954,543 | |||
| Dividends declared on common stock | — | — | — | — | — | (120,830) | — | (120,830) | — | (120,830) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (22,395) | — | (22,395) | — | (22,395) | |||
| Capital distributions | — | — | — | — | — | — | — | — | (6,975) | (6,975) | |||
| Director share grants and non-cash stock-based compensation | — | — | 302,859 | 2 | 6,562 | (2,231) | — | 4,333 | — | 4,333 | |||
| Comprehensive income (loss): | |||||||||||||
| Net income (loss) | — | — | — | — | — | 379,796 | — | 379,796 | 6,889 | 386,685 | |||
| Unrealized gain (loss) on available-for-sale securities, net | — | — | — | — | — | — | (677) | (677) | — | (677) | |||
| Total comprehensive income (loss) | 379,119 | 6,889 | 386,008 | ||||||||||
| Balance at June 30, 2023 | 51,964,122 | $1,257,254 | 483,320,606 | $4,834 | $6,068,613 | $(236,222) | $39,954 | $7,134,433 | $60,251 | $7,194,684 | |||
RITHM CAPITAL CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)
FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2023
(dollars in thousands, except share and per share data)
| Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Income · Total Rithm Capital Stockholders’ Equity · Noncontrolling Interests in Equity of Consolidated Subsidiaries · Total Equity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||
| Balance at December 31, 2023 | 51,964,122 | $1,257,254 | 483,226,239 | $4,833 | $6,074,322 | $(373,141) | $43,674 | $7,006,942 | $94,096 | $7,101,038 | |||
| Dividends declared on common stock | — | — | — | — | — | (243,302) | — | (243,302) | — | (243,302) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (44,790) | — | (44,790) | — | (44,790) | |||
| Capital contributions | — | — | — | — | — | — | — | — | 32,435 | 32,435 | |||
| Capital distributions | — | — | — | — | — | — | — | — | (12,881) | (12,881) | |||
| Issuance of common stock | — | — | 6,097,793 | 60 | 69,190 | — | — | 69,250 | — | 69,250 | |||
| Purchase of non-controlling interest | — | — | — | — | — | — | — | — | (26,042) | (26,042) | |||
| Director share grants and non-cash stock-based compensation | — | — | 408,390 | 4 | 19,360 | (1,543) | — | 17,821 | — | 17,821 | |||
| Net income (loss) | — | — | — | — | — | 519,591 | — | 519,591 | 6,413 | 526,004 | |||
| Unrealized gain (loss) on available-for-sale securities, net | — | — | — | — | — | — | 2,015 | 2,015 | — | 2,015 | |||
| Cumulative translation adjustment, net | — | — | — | — | — | — | (1,074) | (1,074) | — | (1,074) | |||
| Deferred taxes | — | — | — | — | — | — | 140 | 140 | — | 140 | |||
| Total comprehensive income (loss) | 520,672 | 6,413 | 527,085 | ||||||||||
| Balance at June 30, 2024 | 51,964,122 | $1,257,254 | 489,732,422 | $4,897 | $6,162,872 | $(143,185) | $44,755 | $7,326,593 | $94,021 | $7,420,614 | |||
| Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings (Accumulated Deficit) · Accumulated Other Comprehensive Income · Total Rithm Capital Stockholders’ Equity · Noncontrolling Interests in Equity of Consolidated Subsidiaries · Total Equity | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount | |||||||||||||
| Balance at December 31, 2022 | 51,964,122 | $1,257,254 | 473,715,100 | $4,739 | $6,062,019 | $(418,662) | $37,651 | $6,943,001 | $67,067 | $7,010,068 | |||
| Dividends declared on common stock | — | — | — | — | — | (241,584) | — | (241,584) | — | (241,584) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (44,790) | — | (44,790) | — | (44,790) | |||
| Capital distributions | — | — | — | — | — | — | — | — | (12,405) | (12,405) | |||
| Cashless exercise of 2020 Warrants | — | — | 9,287,347 | 93 | (93) | — | — | — | — | — | |||
| Director share grants and non-cash stock-based compensation | — | — | 318,159 | 2 | 6,687 | (2,231) | — | 4,458 | — | 4,458 | |||
| Comprehensive income (loss): | |||||||||||||
| Net income (loss) | — | — | — | — | — | 471,045 | — | 471,045 | 5,589 | 476,634 | |||
| Unrealized gain (loss) on available-for-sale securities, net | — | — | — | — | — | — | 2,303 | 2,303 | — | 2,303 | |||
| Total comprehensive income (loss) | 473,348 | 5,589 | 478,937 | ||||||||||
| Balance at June 30, 2023 | 51,964,122 | $1,257,254 | 483,320,606 | $4,834 | $6,068,613 | $(236,222) | $39,954 | $7,134,433 | $60,251 | $7,194,684 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.