Other Income & Expense

Interest expense, VIE beneficial interests

Redwood Trust Interest expense, VIE beneficial interests increased by 8.7% to $238.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.8%, from $179.37M to $238.22M. Over 4 years (FY 2021 to FY 2025), Interest expense, VIE beneficial interests shows an upward trend with a 27.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase reflects higher funding costs for securitized assets or increased securitization volume, while a decrease may indicate lower debt levels within these structures.

Detailed definition

This metric represents the interest expense paid on beneficial interests issued by consolidated variable interest entiti...

Peer comparison

Common for firms that utilize securitization as a primary funding mechanism for mortgage assets.

Metric ID: jpm_interest_expense_vie_beneficial_interests

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$76.42M$73.73M$83.09M$105.70M$88.86M$90.91M$84.76M$87.47M$90.09M$91.32M$102.88M$120.26M$133.43M$152.37M$166.44M$179.37M$198.54M$208.07M$219.11M$238.22M
QoQ Change-3.5%+12.7%+27.2%-15.9%+2.3%-6.8%+3.2%+3.0%+1.4%+12.7%+16.9%+11.0%+14.2%+9.2%+7.8%+10.7%+4.8%+5.3%+8.7%
YoY Change+16.3%+23.3%+2.0%-17.2%+1.4%+0.5%+21.4%+37.5%+48.1%+66.9%+61.8%+49.2%+48.8%+36.6%+31.6%+32.8%
Range$73.73M$238.22M
CAGR+27.0%
Avg YoY Growth+28.8%
Median YoY Growth+32.2%
Current Streak13 quarters growth

Frequently Asked Questions

What is Redwood Trust's interest expense, vie beneficial interests?
Redwood Trust (RWT) reported interest expense, vie beneficial interests of $238.22M in Q1 2026.
How has Redwood Trust's interest expense, vie beneficial interests changed year-over-year?
Redwood Trust's interest expense, vie beneficial interests increased by 32.8% year-over-year, from $179.37M to $238.22M.
What is the long-term trend for Redwood Trust's interest expense, vie beneficial interests?
Over 4 years (2021 to 2025), Redwood Trust's interest expense, vie beneficial interests has grown at a 27.4% compound annual growth rate (CAGR), from $305.80M to $805.09M.
What does interest expense, vie beneficial interests mean?
Interest costs related to debt issued by consolidated securitization entities.