Rithm Capital Corp
For the period ended Sep 30, 2024. Filed Nov 5, 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.
Sep 30, 2024 · Filed Nov 5, 2024
RITM$9.44+2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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 SEPTEMBER 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 June 30, 2024 | 51,964,122 | $1,257,254 | 489,732,422 | $4,897 | $6,162,872 | $(143,185) | $44,756 | $7,326,594 | $94,021 | $7,420,615 | |||
| Dividends declared on common stock | — | — | — | — | — | (129,933) | — | (129,933) | — | (129,933) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (24,718) | — | (24,718) | — | (24,718) | |||
| Capital contributions | — | — | — | — | — | — | — | — | 5,776 | 5,776 | |||
| Capital distributions | — | — | — | — | — | — | — | — | (6,769) | (6,769) | |||
| Issuance of common stock | — | — | 30,000,000 | 300 | 340,407 | — | — | 340,707 | — | 340,707 | |||
| Director share grants and stock-based compensation | — | — | — | — | 10,489 | (1,564) | — | 8,925 | — | 8,925 | |||
| Comprehensive Income: | |||||||||||||
| Net income | — | — | — | — | — | 121,742 | — | 121,742 | 1,839 | 123,581 | |||
| Unrealized gain on available-for-sale securities, net of taxes | — | — | — | — | — | — | 11,072 | 11,072 | — | 11,072 | |||
| Cumulative translation adjustment, net of taxes | — | — | — | — | — | — | 2,153 | 2,153 | — | 2,153 | |||
| Total comprehensive income | 134,967 | 1,839 | 136,806 | ||||||||||
| Balance at September 30, 2024 | 51,964,122 | $1,257,254 | 519,732,422 | $5,197 | $6,513,768 | $(177,658) | $57,981 | $7,656,542 | $94,867 | $7,751,409 | |||
| 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 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 | |||
| Dividends declared on common stock | — | — | — | — | — | (120,804) | — | (120,804) | — | (120,804) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (22,395) | — | (22,395) | — | (22,395) | |||
| Capital distributions | — | — | — | — | — | — | — | — | (5,192) | (5,192) | |||
| Director share grants and stock-based compensation | — | — | (106,545) | (1) | 2,357 | (932) | — | 1,424 | — | 1,424 | |||
| Comprehensive Income: | |||||||||||||
| Net income | — | — | — | — | — | 216,343 | — | 216,343 | 4,848 | 221,191 | |||
| Unrealized loss on available-for-sale securities, net of taxes | — | — | — | — | — | — | (945) | (945) | — | (945) | |||
| Total comprehensive income | 215,398 | 4,848 | 220,246 | ||||||||||
| Balance at September 30, 2023 | 51,964,122 | $1,257,254 | 483,214,061 | $4,833 | $6,070,970 | $(164,010) | $39,009 | $7,208,056 | $59,907 | $7,267,963 | |||
RITHM CAPITAL CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY (UNAUDITED)
FOR THE NINE MONTHS ENDED SEPTEMBER 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 | — | — | — | — | — | (373,235) | — | (373,235) | — | (373,235) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (69,509) | — | (69,509) | — | (69,509) | |||
| Capital contributions | — | — | — | — | — | — | — | — | 38,211 | 38,211 | |||
| Capital distributions | — | — | — | — | — | — | — | — | (19,650) | (19,650) | |||
| Issuance of common stock | — | — | 36,097,793 | 360 | 409,597 | — | — | 409,957 | — | 409,957 | |||
| Purchase of non-controlling interest | — | — | — | — | — | — | — | — | (26,042) | (26,042) | |||
| Director share grants and stock-based compensation | — | — | 408,390 | 4 | 29,849 | (3,106) | — | 26,747 | — | 26,747 | |||
| Comprehensive Income: | |||||||||||||
| Net income | — | — | — | — | — | 641,333 | — | 641,333 | 8,252 | 649,585 | |||
| Unrealized gain on available-for-sale securities, net of taxes | — | — | — | — | — | — | 13,229 | 13,229 | — | 13,229 | |||
| Cumulative translation adjustment, net of taxes | — | — | — | — | — | — | 1,078 | 1,078 | — | 1,078 | |||
| Total comprehensive income | 655,640 | 8,252 | 663,892 | ||||||||||
| Balance at September 30, 2024 | 51,964,122 | $1,257,254 | 519,732,422 | $5,197 | $6,513,768 | $(177,658) | $57,981 | $7,656,542 | $94,867 | $7,751,409 | |||
| 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 | — | — | — | — | — | (362,388) | — | (362,388) | — | (362,388) | |||
| Dividends declared on preferred stock | — | — | — | — | — | (67,185) | — | (67,185) | — | (67,185) | |||
| Capital distributions | — | — | — | — | — | — | — | — | (17,597) | (17,597) | |||
| Cashless exercise of 2020 warrants | — | — | 9,287,347 | 93 | (93) | — | — | — | — | — | |||
| Director share grants and stock-based compensation | — | — | 211,614 | 1 | 9,044 | (3,163) | — | 5,882 | — | 5,882 | |||
| Comprehensive Income: | |||||||||||||
| Net income | — | — | — | — | — | 687,388 | — | 687,388 | 10,437 | 697,825 | |||
| Unrealized gain on available-for-sale securities, net of taxes | — | — | — | — | — | — | 1,358 | 1,358 | — | 1,358 | |||
| Total comprehensive income | 688,746 | 10,437 | 699,183 | ||||||||||
| Balance at September 30, 2023 | 51,964,122 | $1,257,254 | 483,214,061 | $4,833 | $6,070,970 | $(164,010) | $39,009 | $7,208,056 | $59,907 | $7,267,963 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.