Redwood Trust Noninterest Income, Net decreased by 52.4% to $29.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 36.4%, from $45.91M to $29.22M. Over 2 years (FY 2022 to FY 2025), Noninterest Income, Net shows an upward trend with a -23.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates successful diversification of revenue sources, while a decrease suggests a heavy reliance on interest-based income or underperformance in fee-generating segments.
The sum of all revenue streams excluding interest income, such as fees, servicing income, and investment gains. This pro...
Standard financial reporting metric for banks and financial institutions.
other_noninterest_income_net| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$40.67M | -$40.67M | -$40.67M | -$40.67M | -$9.59M | $44.01M | $50.34M | $42.15M | $44.22M | $17.59M | $45.91M | -$51.94M | $39.38M | $61.33M | $29.22M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +76.4% | +558.8% | +14.4% | -16.3% | +4.9% | -60.2% | +161.0% | -213.1% | +175.8% | +55.7% | -52.4% |
| YoY Change | — | — | — | — | +76.4% | +208.2% | — | — | +561.0% | -60.0% | -8.8% | -223.2% | -11.0% | +248.7% | -36.4% |
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Sequoia | $24.40M | $28.72M | $40.38M | $22.05M |
| CoreVest | $19.96M | $15.73M | $16.28M | $10.38M |
| Redwood Investments | -$5.82M | $1.08M | $12.69M | -$5.76M |
| Aspire | — | — | — | $2.68M |
| Legacy Investments | -$89.58M | -$8.50M | -$8.06M | -$140.00K |
| Total | -$51.94M | $39.38M | $61.33M | $29.22M |
| Segment | Q3 '23 | Q3 '24 |
|---|---|---|
| Residential Consumer Mortgage Banking | $8.96M | $26.72M |
| Residential Investor Mortgage Banking | $11.75M | $18.29M |
| Investment Portfolio | -$28.88M | -$678.00K |
| Total | -$9.59M | $44.22M |
Investment Portfolio, Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
| Segment | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| Sequoia Mortgage Banking | $7.21M | $7.21M | $7.21M | $7.21M | $7.83M | $6.25M | $16.79M | $22.15M |
| CoreVest Mortgage Banking | $11.30M | $11.30M | $11.30M | $11.30M | $7.36M | $13.85M | $13.25M | $13.98M |
| Total | — | — | -$9.59M | $44.01M | $50.34M | $42.15M | $17.59M | $45.91M |
CoreVest Mortgage Banking, Sequoia Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.