Rithm Capital Q3 net income hits $217.1 million
Key points
- Rithm Capital reported third-quarter 2026 GAAP net income of $217.1 million, or $0.38 per diluted common share.
- Earnings available for distribution reached $315.3 million, or $0.55 per diluted common share, while the company declared a $0.25 common dividend per share.
- Rithm highlighted growth in asset management, Newrez's operating performance, Genesis lending originations and Elecor's property leasing activities.
Rithm Capital Corp. (NYSE:RITM) reported third-quarter 2026 GAAP net income of $217.1 million, or $0.38 per diluted common share, for the quarter ended September 30.
The company reported earnings available for distribution of $315.3 million, or $0.55 per diluted common share, alongside a quarterly common dividend of $0.25 per share.
Rithm reported book value of $12.51 per common share, while total common dividends amounted to $139.6 million during the quarter.
The company said its operating businesses continued to develop, with Newrez reporting a 24% annualized operating return on equity, Genesis reaching $5 billion in year-to-date loan originations and Elecor signing 320,000 square feet of new leases.
Rithm also highlighted its expanding asset management business, including new fund closings and efforts to grow recurring fee-based earnings, although the supplied announcement did not provide figures for total assets under management.
Rithm Capital operates across asset management, mortgage lending and servicing, real estate and related financial businesses, including Newrez, Genesis and Elecor.
