Discontinued — last reported Q3 '24
Adjustment for Amortization
Redwood Trust Adjustment for Amortization increased by 43.1% to -$4.54M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 38.2%, from -$7.35M to -$4.54M.
Analysis
How to read this metric
Changes reflect shifts in acquisition accounting or valuation of intangible assets rather than operational performance.
Detailed definition
This represents specific accounting adjustments made to amortization expenses, often related to intangible assets acquir...
Peer comparison
Company-specific; peers may include this within 'Amortization of Intangibles' or 'Operating Expenses'.
gild_adjustment_for_amortizationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$6.02M | -$570.00K | -$32.38M | -$7.83M | -$10.30M | -$7.62M | -$8.65M | -$7.57M | -$7.35M | -$7.98M | -$4.54M |
| QoQ Change | — | +90.5% | <-999% | +75.8% | -31.5% | +26.0% | -13.5% | +12.5% | +2.9% | -8.6% | +43.1% |
| YoY Change | — | — | — | -30.1% | <-999% | +76.5% | — | +3.3% | +28.6% | -4.6% | +38.2% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Investment Portfolio | $315.00K | -$2.83M | -$1.86M | -$1.69M | -$2.49M | -$3.02M | -$203.00K | $1.02M |
| Business Purpose Mortgage Banking | -$3.51M | -$3.70M | -$3.33M | -$3.29M | — | — | — | — |
| Residential Consumer Mortgage Banking | — | — | — | — | -$274.25K | — | — | — |
| Residential Investor Mortgage Banking | — | — | — | — | -$3.28M | — | — | — |
| Total | -$7.62M | -$8.65M | -$7.57M | -$7.35M | -$7.98M | — | — | -$4.54M |
Business Purpose Mortgage Banking, 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.
Adjustment for Amortization at Other Companies
Frequently Asked Questions
- What is Redwood Trust's adjustment for amortization?
- Redwood Trust (RWT) reported adjustment for amortization of -$4.54M in Q3 2024.
- How has Redwood Trust's adjustment for amortization changed year-over-year?
- Redwood Trust's adjustment for amortization increased by 38.2% year-over-year, from -$7.35M to -$4.54M.
- What does adjustment for amortization mean?
- Non-cash accounting adjustments related to the amortization of intangible assets.