Business Segments · General and Administrative Expense
CoreVest — General and Administrative Expense
Redwood Trust CoreVest — General and Administrative Expense increased by 37.4% to $12.99M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.4%, from $9.96M to $12.99M. Over 2 years (FY 2023 to FY 2025), CoreVest — General and Administrative Expense shows a downward trend with a -5.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toG&A
How to read this metric
An increase relative to revenue may signal declining operational efficiency, while a decrease suggests effective cost management.
Detailed definition
Covers the overhead costs required to operate the CoreVest segment, including personnel, office facilities, and corporat...
Peer comparison
Standard 'G&A' expense line item found across all corporate segments.
Metric ID:
rwt_segment_corevest_general_and_administrative_expenseHistorical Data
13 periods
| 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 | $11.14M | $11.14M | $11.14M | $11.14M | $11.43M | $9.68M | $9.31M | $9.60M | $9.96M | $10.22M | $9.97M | $9.46M | $12.99M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.6% | -15.3% | -3.8% | +3.2% | +3.7% | +2.6% | -2.4% | -5.2% | +37.4% |
| YoY Change | — | — | — | — | +2.6% | -13.1% | -16.4% | -13.8% | -12.8% | +5.6% | +7.1% | -1.5% | +30.4% |
Range$9.31M – $12.99M
CAGR+5.3%
Avg YoY Growth-1.3%
Median YoY Growth-1.5%
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Frequently Asked Questions
- What is Redwood Trust's corevest — general and administrative expense?
- Redwood Trust (RWT) reported corevest — general and administrative expense of $12.99M in Q1 2026.
- How has Redwood Trust's corevest — general and administrative expense changed year-over-year?
- Redwood Trust's corevest — general and administrative expense increased by 30.4% year-over-year, from $9.96M to $12.99M.
- What is the long-term trend for Redwood Trust's corevest — general and administrative expense?
- Over 2 years (2023 to 2025), Redwood Trust's corevest — general and administrative expense has grown at a -5.7% compound annual growth rate (CAGR), from $44.55M to $39.60M.
- What does corevest — general and administrative expense mean?
- Operating overhead costs associated with running the CoreVest mortgage banking segment.