Redwood Trust Interest expense, VIE beneficial interests increased by 8.7% to $238.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.8%, from $179.37M to $238.22M. Over 4 years (FY 2021 to FY 2025), Interest expense, VIE beneficial interests shows an upward trend with a 27.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase reflects higher funding costs for securitized assets or increased securitization volume, while a decrease may indicate lower debt levels within these structures.
This metric represents the interest expense paid on beneficial interests issued by consolidated variable interest entiti...
Common for firms that utilize securitization as a primary funding mechanism for mortgage assets.
jpm_interest_expense_vie_beneficial_interests| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $76.42M | $73.73M | $83.09M | $105.70M | $88.86M | $90.91M | $84.76M | $87.47M | $90.09M | $91.32M | $102.88M | $120.26M | $133.43M | $152.37M | $166.44M | $179.37M | $198.54M | $208.07M | $219.11M | $238.22M |
| QoQ Change | — | -3.5% | +12.7% | +27.2% | -15.9% | +2.3% | -6.8% | +3.2% | +3.0% | +1.4% | +12.7% | +16.9% | +11.0% | +14.2% | +9.2% | +7.8% | +10.7% | +4.8% | +5.3% | +8.7% |
| YoY Change | — | — | — | — | +16.3% | +23.3% | +2.0% | -17.2% | +1.4% | +0.5% | +21.4% | +37.5% | +48.1% | +66.9% | +61.8% | +49.2% | +48.8% | +36.6% | +31.6% | +32.8% |