Rithm Capital Q3 GAAP net income $97M ($0.20/diluted); earnings available for distribution $0.54/diluted

Rithm Capital Corp.

2024-Q3 EPS reported $1.16 revenue$3,109,539,000

GAAP net income of $97.0M ($0.20 diluted); earnings available for distribution $270.3M ($0.54 diluted), up from $0.47 in Q2.
Common dividend maintained at $0.25 per share, paid on $129.9M.
Company sold 30M shares of common stock for gross proceeds of ~$340M.
Total servicing portfolio UPB of $878B; Newrez pre-tax income $245.9M ex-MSR; Sculptor AUM ~$34B.
Board changes: Andrew Sloves resigns as director to become Managing Director; William Addas and Ranjit Kripalani elected independent directors, effective Nov 1.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William D. Addas

Director

RITM · Rithm Capital Corp.

Effective: 2024-11-01
Filed: October 29, 2024, 7:59 PM ET

the Board elected William D. Addas as an independent director of the Company, effective as of November 1, 2024

Appointed

Ranjit M. Kripalani

Director

RITM · Rithm Capital Corp.

Effective: 2024-11-01
Filed: October 29, 2024, 7:59 PM ET

the Board elected Ranjit M. Kripalani as an independent director of the Company, effective as of November 1, 2024

Departed

Andrew Sloves

Director

RITM · Rithm Capital Corp.

Effective: 2024-11-01
Successor: Ranjit M. Kripalani
Filed: October 29, 2024, 7:59 PM ET

Andrew Sloves resigned from his position as a director of the Company on October 28, 2024, effective as of November 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William D. Addas was elected as Director at Rithm Capital Corp..

Action: elected
Role: Director

Exact text from the filing

the Board elected William D. Addas as an independent director of the Company, effective as of November 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ranjit M. Kripalani was elected as Director at Rithm Capital Corp..

Action: elected
Role: Director

Exact text from the filing

the Board elected Ranjit M. Kripalani as an independent director of the Company, effective as of November 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Sloves resigned as Director at Rithm Capital Corp..

Action: resigned
Role: Director

Exact text from the filing

Andrew Sloves resigned from his position as a director of the Company on October 28, 2024, effective as of November 1, 2024.

View on SEC.gov

Rithm Capital Corp. filing history →

Source: SEC EDGAR

accession 0001556593-24-000036

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