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Rocket (Rocket) Other Assets for Banks : $962 Mil (As of Dec. 2023)


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What is Rocket Other Assets for Banks?

Rocket's quarterly other assets (bank) increased from Jun. 2023 ($1,619 Mil) to Sep. 2023 ($1,720 Mil) but then declined from Sep. 2023 ($1,720 Mil) to Dec. 2023 ($962 Mil).

Rocket's annual other assets (bank) declined from Dec. 2021 ($1,397 Mil) to Dec. 2022 ($957 Mil) but then increased from Dec. 2022 ($957 Mil) to Dec. 2023 ($962 Mil).

Rocket Other Assets for Banks Historical Data

The historical data trend for Rocket's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rocket Other Assets for Banks Chart

Rocket Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Assets for Banks
Get a 7-Day Free Trial 980.01 2,905.51 1,397.05 956.98 962.43

Rocket Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Assets for Banks Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 956.98 1,588.75 1,618.78 1,720.17 962.43

Rocket Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

Rocket (Rocket) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rocket Companies Inc (NYSE:RKT) » Definitions » Other Assets for Banks
Comparable Companies
ECPG FNMA GHLD UWMC FMCC VEL GHI BETR LDI OCN COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING WD BOM:543335 TSX:FN BOM:541988 LSE:OSB LSE:PAG
Traded in Other Exchanges
RKT:Mexico
Address
1050 Woodward Avenue, Detroit, MI, USA, 48226
Website
https://ir.rocketcompanies.com
Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company's mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company's lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket's origination process to offer loans to their customers. The company has rapidly gained market share in recent years and is now the largest mortgage originator in the U.S. as well as the servicer for more than 2 million loans.
Executives
Varun Krishna officer: Chief Executive Officer 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
William C. Emerson director 1050 WOODWARD AVENUE, DETROIT MI 48226
Matthew Rizik director 1050 WOODWARD AVENUE, DETROIT MI 48226
Jay Farner director, officer: Chief Executive Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Tina V. John officer: General Counsel & Secretary C/O ROCKET COMPANIES, INC., 1050 WOODWARD AVENUE, DETROIT MI 48226
Daniel B Gilbert director, 10 percent owner 1050 WOODWARD AVENUE, DETROIT MI 48226
Rock Holdings Inc. director, 10 percent owner 1090 WOODWARD AVENUE, DETROIT MI 48226
Jennifer L. Gilbert director 1050 WOODWARD AVENUE, DETROIT MI 48226
Nancy Tellem director 1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
Suzanne F. Shank director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Julie Booth officer: Chief Fin. Officer & Treasurer 1050 WOODWARD AVENUE, DETROIT MI 48226
Angelo Vitale officer: General Counsel and Secretary 1050 WOODWARD AVENUE, DETROIT MI 48226
Walters Robert D. Jr. officer: President & Chief Oper Officer 1050 WOODWARD AVENUE, DETROIT MI 48226
Brian Nicholas Brown officer: Chief Accounting Officer 1050 WOODWARD AVENUE, DETROIT MI 48226