Business Segments · Other income, net

CoreVest — Other income, net

Redwood Trust CoreVest — Other income, net decreased by 68.6% to $589.00K in Q1 2026 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), CoreVest — Other income, net shows an upward trend with a 811.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests successful diversification of revenue streams or higher ancillary service demand, while a decrease may indicate a decline in secondary business activities.

Detailed definition

Represents miscellaneous net income streams generated by the CoreVest mortgage banking segment that are not classified u...

Peer comparison

Similar to 'Other Non-Interest Income' found in mortgage banking or specialty finance peers.

Metric ID: rwt_segment_corevest_other_income_net

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.00K$5.00K$5.00K$5.00K$0.00$0.00$0.00$0.00$0.00$715.00K-$928.00K$1.87M$589.00K
QoQ Change+0.0%+0.0%+0.0%-100.0%-229.8%+301.9%-68.6%
YoY Change-100.0%-100.0%-100.0%-100.0%
Range-$928.00K$1.87M
CAGR+390.2%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Redwood Trust's corevest — other income, net?
Redwood Trust (RWT) reported corevest — other income, net of $589.00K in Q1 2026.
What is the long-term trend for Redwood Trust's corevest — other income, net?
Over 2 years (2023 to 2025), Redwood Trust's corevest — other income, net has grown at a 811.3% compound annual growth rate (CAGR), from $20.00K to $1.66M.
What does corevest — other income, net mean?
Net miscellaneous revenue earned by the CoreVest mortgage banking segment from non-core activities.