Discontinued — last reported Q3 '23
Business Segments · Other income, net
Business Purpose Mortgage Banking — Other income, net
Redwood Trust Business Purpose Mortgage Banking — Other income, net increased by 18.8% to $1.28M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 220.3%, from $399.00K to $1.28M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ3 2023Nov 7, 2023
Rolls up toOther operating expenses
How to read this metric
Generally represents secondary revenue streams; consistent growth indicates a diversified income base within the segment.
Detailed definition
Includes miscellaneous income streams within the business-purpose mortgage segment that are not classified as interest o...
Peer comparison
Varies by company; comparable to 'other income' line items in financial services segment reporting.
Metric ID:
rwt_segment_business_purpose_mortgage_banking_other_income_netHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $156.00K | $216.00K | $552.00K | $575.00K | $1.05M | $399.00K | $1.48M | $2.41M | $1.08M | $1.28M |
| QoQ Change | — | +38.5% | +155.6% | +4.2% | +83.3% | -62.1% | +271.2% | +62.6% | -55.3% | +18.8% |
| YoY Change | — | — | — | — | +575.6% | +84.7% | +168.3% | +318.8% | +2.1% | +220.3% |
Range$156.00K – $2.41M
CAGR+154.7%
Avg YoY Growth+228.3%
Median YoY Growth+194.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's business purpose mortgage banking — other income, net?
- Redwood Trust (RWT) reported business purpose mortgage banking — other income, net of $1.28M in Q3 2023.
- How has Redwood Trust's business purpose mortgage banking — other income, net changed year-over-year?
- Redwood Trust's business purpose mortgage banking — other income, net increased by 220.3% year-over-year, from $399.00K to $1.28M.
- What does business purpose mortgage banking — other income, net mean?
- Miscellaneous net income generated by the business-purpose mortgage segment.