Discontinued — last reported Q1 '26
CoreVest Mortgage Banking — Interest Expense
Redwood Trust CoreVest Mortgage Banking — Interest Expense decreased by 18.4% to $2.08M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.8%, from $2.39M to $2.08M. Over 2 years (FY 2022 to FY 2024), CoreVest Mortgage Banking — Interest Expense shows a downward trend with a -8.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Lower values are generally better, provided they do not indicate a lack of necessary leverage for growth.
Detailed definition
The total cost of interest incurred on debt and other financing arrangements used to fund the CoreVest segment's operati...
Peer comparison
Standard interest expense metric used across all banking and lending institutions.
rwt_segment_corevest_mortgage_banking_interest_expenseHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.51M | $4.51M | $4.51M | $4.51M | $3.27M | $3.27M | $3.27M | $3.27M | $2.88M | $5.50M | $3.10M | $3.49M | $2.39M | $1.90M | $2.55M | $2.08M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -27.5% | +0.0% | +0.0% | +0.0% | -12.0% | +91.3% | -43.7% | +12.6% | -31.5% | -20.3% | +34.2% | -18.4% |
| YoY Change | — | — | — | — | -27.5% | -27.5% | -27.5% | -27.5% | -12.0% | +68.3% | -5.2% | +6.7% | -17.0% | -65.4% | -17.6% | -12.8% |
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Frequently Asked Questions
- What is Redwood Trust's corevest mortgage banking — interest expense?
- Redwood Trust (RWT) reported corevest mortgage banking — interest expense of $2.08M in Q1 2026.
- How has Redwood Trust's corevest mortgage banking — interest expense changed year-over-year?
- Redwood Trust's corevest mortgage banking — interest expense decreased by 12.8% year-over-year, from $2.39M to $2.08M.
- What is the long-term trend for Redwood Trust's corevest mortgage banking — interest expense?
- Over 2 years (2022 to 2024), Redwood Trust's corevest mortgage banking — interest expense has grown at a -8.9% compound annual growth rate (CAGR), from $18.04M to $14.97M.
- What does corevest mortgage banking — interest expense mean?
- The cost of interest paid on debt used to fund the segment's assets.