Rithm Capital Corp. Announces Third Quarter 2026 Results
Business Wire•23/10/2026•07:26 ET
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Key Highlights
- ➤GAAP net income $0.38 per diluted share, up from $0.04 in Q2’26
- ➤Earnings available for distribution $0.55 per diluted share, down from $0.60
- ➤Newrez Q3 pre-tax operating income $329.7 million, excluding MSRs and non-operating items
- ➤Genesis Q3 residential transition loan originations $1.5 billion, up 25% year over year
- ➤Elecor closed joint venture for 1301 Avenue of the Americas and refinancing of 31 West 52nd Street
Expert Statements
Michael Nierenberg, CEO of Rithm Capital
“Rithm’s strong third quarter results reflect disciplined execution across every part of our platform.”
Michael Nierenberg, CEO of Rithm Capital
“We continued to scale our asset management business, closing new funds and growing a more durable, fee-based earnings stream, while our operating companies delivered: Newrez generated a 24% annualized operating return on equity((3)), Genesis reached year-to-date originations of $5.0 billion, and Elecor expanded its third-party capital base by executing a joint venture for a core NYC property, while signing 320,000 square feet of new leases.”
Michael Nierenberg, CEO of Rithm Capital
“Our businesses continue to perform, and the strength and breadth of our platform position us well as we enter the fourth quarter with significant momentum and opportunity ahead for our shareholders, clients, and partners.”
Q3 GAAP net income of $0.38 per diluted share; earnings available for distribution of $0.55 per diluted share
Rithm Capital Corp. (NYSE: RITM; “Rithm Capital,” “Rithm” or the “Company”) today reported the following information for the third quarter ended September 30, 2026.
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