Discontinued — last reported Q3 '24
Business Segments · Net Income (Loss)
Residential Investor Mortgage Banking — Net Income (Loss)
Redwood Trust Residential Investor Mortgage Banking — Net Income (Loss) increased by 855.1% to $5.68M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 576.4%, from -$1.19M to $5.68M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ3 2024Nov 7, 2024
Rolls up toNet Income
How to read this metric
An increase indicates improved segment profitability and operational success, while a decrease or loss signals margin compression or market headwinds.
Detailed definition
The bottom-line financial performance of the residential investor mortgage banking segment, calculated as total revenues...
Peer comparison
Standard segment net income metric used across the financial services and real estate sectors.
Metric ID:
rwt_segment_residential_investor_mortgage_banking_net_income_lossHistorical Data
6 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|
| Value | -$1.03M | -$3.34M | -$1.19M | -$5.51M | $595.00K | $5.68M |
| QoQ Change | — | -225.5% | +64.3% | -361.8% | +110.8% | +855.1% |
| YoY Change | — | — | — | -436.4% | +117.8% | +576.4% |
Range-$5.51M – $5.68M
CAGR+293.0%
Avg YoY Growth+85.9%
Median YoY Growth+117.8%
Current Streak2 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — net income (loss)?
- Redwood Trust (RWT) reported residential investor mortgage banking — net income (loss) of $5.68M in Q3 2024.
- How has Redwood Trust's residential investor mortgage banking — net income (loss) changed year-over-year?
- Redwood Trust's residential investor mortgage banking — net income (loss) increased by 576.4% year-over-year, from -$1.19M to $5.68M.
- What does residential investor mortgage banking — net income (loss) mean?
- The total profit or loss generated by the residential investor mortgage banking segment.