Business Segments · Interest Income (Expense), Operating

CoreVest — Interest Income (Expense), Operating

Redwood Trust CoreVest — Interest Income (Expense), Operating decreased by 31.1% to $2.11M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 52.5%, from $1.38M to $2.11M. Over 2 years (FY 2023 to FY 2025), CoreVest — Interest Income (Expense), Operating shows an upward trend with a 66.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026

How to read this metric

Higher values indicate better net interest spreads and more efficient funding of the loan portfolio.

Detailed definition

The net interest margin generated by the CoreVest segment after accounting for direct financing costs. It measures the c...

Peer comparison

Equivalent to net interest income (NII) for specific business segments in mortgage-focused financial institutions.

Metric ID: rwt_segment_corevest_interest_income_expense_operating

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$704.50K$704.50K$704.50K$704.50K$894.00K$1.50M$1.77M$1.14M$1.38M$1.83M$1.50M$3.06M$2.11M
QoQ Change+0.0%+0.0%+0.0%+26.9%+68.2%+17.6%-35.4%+21.0%+32.6%-18.3%+104.4%-31.1%
YoY Change+26.9%+113.5%+151.1%+62.2%+54.7%+21.9%-15.3%+167.9%+52.5%
Range$704.50K$3.06M
CAGR+44.1%
Avg YoY Growth+70.6%
Median YoY Growth+54.7%

Frequently Asked Questions

What is Redwood Trust's corevest — interest income (expense), operating?
Redwood Trust (RWT) reported corevest — interest income (expense), operating of $2.11M in Q1 2026.
How has Redwood Trust's corevest — interest income (expense), operating changed year-over-year?
Redwood Trust's corevest — interest income (expense), operating increased by 52.5% year-over-year, from $1.38M to $2.11M.
What is the long-term trend for Redwood Trust's corevest — interest income (expense), operating?
Over 2 years (2023 to 2025), Redwood Trust's corevest — interest income (expense), operating has grown at a 66.1% compound annual growth rate (CAGR), from $2.82M to $7.78M.
What does corevest — interest income (expense), operating mean?
The net interest revenue earned from CoreVest lending operations.