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Sep 30, 2021
Mr Cooper Q3 2021 Earnings Report
Mr. Cooper Group reported a net income of $299 million and diluted EPS of $3.29 for Q3 2021.
Key Takeaways
Mr. Cooper Group reported a strong third quarter with a net income of $299 million, driven by solid performance in both Servicing and Originations segments. The company continued to simplify its business model and delivered strong operating results.
Reported total net income of $299 million and $3.29 per diluted share, equivalent to ROCE of 36%.
Generated pretax operating income of $263 million, equivalent to ROTCE of 25.2%.
Book value per share increased to $43.40 and Tangible book value per share increased to $41.56.
Originations generated GAAP pretax income of $271 million and pretax operating income of $273 million on funded volume of $19.9 billion.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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