Discontinued — last reported Q3 '23
Business Segments · Goodwill
Business Purpose Mortgage Banking — Goodwill
Redwood Trust Business Purpose Mortgage Banking — Goodwill remained flat by 0.0% to $23.37M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $23.37M to $23.37M.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ3 2022
Last reportedQ3 2023Nov 7, 2023
Rolls up toGoodwill
How to read this metric
A stable or decreasing balance is expected; a sudden decrease indicates an impairment charge, signaling a decline in the value of previous acquisitions.
Detailed definition
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinat...
Peer comparison
Standard accounting line item for companies that have grown through mergers and acquisitions.
Metric ID:
rwt_segment_business_purpose_mortgage_banking_goodwillHistorical Data
5 periods
| Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|
| Value | $23.37M | $23.37M | $23.37M | $23.37M | $23.37M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% |
Range$23.37M – $23.37M
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Redwood Trust's business purpose mortgage banking — goodwill?
- Redwood Trust (RWT) reported business purpose mortgage banking — goodwill of $23.37M in Q3 2023.
- How has Redwood Trust's business purpose mortgage banking — goodwill changed year-over-year?
- Redwood Trust's business purpose mortgage banking — goodwill decreased by 0.0% year-over-year, from $23.37M to $23.37M.
- What does business purpose mortgage banking — goodwill mean?
- The intangible value recorded from past acquisitions within the business purpose mortgage segment.