Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024)
Rithm Property Trust's (RPT) quarterly Loans - Loss Allowance came in at $403000.0 in Q1 2024, down 90.71% year-on-year from $4.3 million in Q2 2023, and down 88.24% on a QoQ basis 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.
- On a quarterly basis, Loans - Loss Allowance fell 90.71% year-over-year to $403000.0 in Q1 2024; TTM through Mar 2024 was $403000.0, a 90.71% decrease from a year earlier, with the FY2023 full-year figure at $3.4 million, down 43.9% from the prior year.
- Loans - Loss Allowance for Q1 2024 stood at $403000.0, down from $3.4 million in the prior quarter.
- Over the last five years, Loans - Loss Allowance for RPT reached as high as $17.9 million in Q1 2021 and fell as low as $403000.0 in Q1 2024.
- Historically, Loans - Loss Allowance has averaged $8.9 million across 5 years, with a median of $7.6 million in 2022.
- Across the five-year window, Loans - Loss Allowance jumped 1124.28% in 2020 and plunged 90.71% in 2024, its largest moves.
- Year by year, Loans - Loss Allowance stood at $13.7 million in 2020, then tumbled by 48.13% to $7.1 million in 2021, then dropped by 14.13% to $6.1 million in 2022, then sank by 43.9% to $3.4 million in 2023, then plunged by 88.24% to $403000.0 in 2024.
- Per Business Quant data, the three most recent Loans - Loss Allowance figures were $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 | 16.30 Bn | 14.44 Bn | - | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | - |
| 10 | Rithm Property Trust | 91.54 Mn | -156.48 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 |