Redwood Trust Sequoia — Noninterest Income, Net decreased by 45.4% to $22.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $21.92M to $22.05M. Over 2 years (FY 2023 to FY 2025), Sequoia — Noninterest Income, Net shows an upward trend with a 100.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Rising non-interest income indicates strong operational performance and fee generation capability, while declining figures may signal reduced transaction volume or margin compression.
The aggregate net income generated by the Sequoia segment excluding interest-based revenue. It encompasses fee-based inc...
Standard metric for non-interest revenue in financial services segments.
rwt_segment_sequoia_noninterest_income_net| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $7.21M | $7.21M | $7.21M | $7.21M | $7.83M | $6.25M | $26.72M | $16.79M | $21.92M | $24.40M | $28.72M | $40.38M | $22.05M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +8.5% | -20.2% | +327.8% | -37.1% | +30.5% | +11.3% | +17.7% | +40.6% | -45.4% |
| YoY Change | — | — | — | — | +8.5% | -13.4% | +270.3% | +132.8% | +180.0% | +290.6% | +7.5% | +140.5% | +0.6% |