Rithm Capital (RITM) investor relations material

Executive summary

• Delivered strong Q2 2026 results with all divisions—Newrez, Genesis, Sculptor, Crestline, and Elecor—contributing positively despite volatile markets.

• Managed over $100 billion in investable assets, including $61 billion in AUM, spanning asset-based finance, corporate credit, real estate, and multi-strategy investments.

• Newrez is a top-five US mortgage servicer and lender, Genesis is the #2 US residential transitional lender, and Elecor manages 9.9M sq ft of Class A office space in NYC and San Francisco.

• Rithm invests its own capital alongside partners and has a 30-year performance track record across its asset management platform.

Financial highlights

• Q2 2026 EAD: $338.9 million ($0.60 per diluted share); GAAP net income: $20.2 million ($0.04 per diluted share).

• Book value per share: $12.33 at quarter-end; cash and liquidity at $2.1 billion.

• Dividend yield: 10.6% ($0.25 per share); $139.6 million in common dividends paid in Q2 2026.

• Multi-strat fund YTD net return: ~8%; three-year return: 12.3% with 4.7% volatility.

• Weighted average diluted shares outstanding: 568.3 million in Q2 2026.

Outlook and guidance

• Asset management AUM expected to double in the next 1–2 years, driven by performance and new product offerings.

• Continued focus on expanding AUM and fee-related earnings, with new products in insurance, infrastructure, and private wealth.

• Genesis and Newrez businesses positioned for continued growth, with Genesis origination and Newrez servicing platforms expanding.

• Market volatility expected to provide tactical deployment opportunities.

• Focus on capital deployment in high risk-adjusted return areas and nimble response to market opportunities.