Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024)
Rithm Property Trust (RPT) reported Loans - Loss Allowance of $403000.0 for Q1 2024, down 90.71% year-over-year from $4.3 million in Q2 2023, and down 88.24% quarter-over-quarter from $3.4 million in Q4 2023.
Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024) Analysis & Trends
Rithm Property Trust (RPT) has 7 years of Loans - Loss Allowance data on file, last reported at $403000.0 in Q1 2024.
- Loans - Loss Allowance for Q1 2024 came in at $403000.0, down 90.71% year-over-year; the trailing twelve-month figure through Mar 2024 was $403000.0 (down 90.71% YoY), and the FY2023 annual result was $3.4 million, down 43.9% from the prior year.
- Loans - Loss Allowance slipped to $403000.0 in Q1 2024 per RPT's latest filing, from $3.4 million in the prior quarter.
- Over five years, Loans - Loss Allowance peaked at $17.9 million in Q1 2021 and troughed at $403000.0 in Q1 2024.
- A 5-year average of $8.9 million and a median of $7.6 million in 2022 frame the typical range for Loans - Loss Allowance.
- The sharpest annual moves came in 2020 and 2024: Loans - Loss Allowance soared 1124.28% in 2020, then slumped 90.71% in 2024.
- A 5-year view of Loans - Loss Allowance shows it stood at $13.7 million in 2020, then slumped by 48.13% to $7.1 million in 2021, then retreated by 14.13% to $6.1 million in 2022, then plunged by 43.9% to $3.4 million in 2023, then tumbled by 88.24% to $403000.0 in 2024.
- Business Quant data shows RPT's Loans - Loss Allowance at $403000.0 in Q1 2024, $3.4 million in Q4 2023, and $7.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | - |
| 10 | Rithm Property Trust | 110.75 Mn | -137.27 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 403,000.00 |
| Dec 31, 2023 | 3.43 Mn |
| Sep 30, 2023 | 7.45 Mn |
| Jun 30, 2023 | 5.99 Mn |
| Mar 31, 2023 | 4.34 Mn |
| Dec 31, 2022 | 6.11 Mn |
| Sep 30, 2022 | 5.22 Mn |
| Jun 30, 2022 | 9.13 Mn |
| Mar 31, 2022 | 7.69 Mn |
| Dec 31, 2021 | 7.11 Mn |
| Sep 30, 2021 | 13.88 Mn |
| Jun 30, 2021 | 9.83 Mn |
| Mar 31, 2021 | 17.89 Mn |
| Dec 31, 2020 | 13.71 Mn |
| Jun 30, 2020 | 14.45 Mn |
| Mar 31, 2020 | 16.14 Mn |
| Dec 31, 2019 | 1.96 Mn |
| Jun 30, 2019 | 1.40 Mn |
| Mar 31, 2019 | 1.32 Mn |
| Dec 31, 2018 | 1.16 Mn |