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.
Higher values indicate better net interest spreads and more efficient funding of the loan portfolio.
The net interest margin generated by the CoreVest segment after accounting for direct financing costs. It measures the c...
Equivalent to net interest income (NII) for specific business segments in mortgage-focused financial institutions.
rwt_segment_corevest_interest_income_expense_operating| 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 | $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% |