New Residential Investment Corp. Announces Fourth Quarter and Full Year 2020 Results
NEW YORK--(BUSINESS WIRE)--New Residential Investment Corp. (NYSE:NRZ; “New Residential” or the “Company”) today reported the following information for the fourth quarter and full year ended December 31, 2020:
FOURTH QUARTER 2020 FINANCIAL HIGHLIGHTS:
GAAP Net Income of $68.6 million, or $0.16 per diluted common share(1)
$295.7 million pre-tax income from Origination and Servicing(2)
Core Earnings of $137.0 million, or $0.32 per diluted common share(1)(3)
Common Dividend of $82.9 million, or $0.20 per common share(1)
Book Value per common share of $10.87(1)
$944.9 million of cash as of December 31, 2020
FULL YEAR 2020 FINANCIAL HIGHLIGHTS:
GAAP Net Loss of $(1,464
