Business Segments · Net (Loss) Income
CoreVest — Net (Loss) Income
Redwood Trust CoreVest — Net (Loss) Income decreased by 144.0% to -$3.29M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 342.8%, from $1.36M to -$3.29M. Over 2 years (FY 2023 to FY 2025), CoreVest — Net (Loss) Income shows an upward trend with a 21.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toNet Income
How to read this metric
Positive growth indicates a healthy and profitable mortgage banking business, while losses signal operational or market-driven challenges.
Detailed definition
The bottom-line financial result for the CoreVest segment, calculated as total revenues minus all associated operating e...
Peer comparison
Standard 'Segment Net Income' used to evaluate business unit performance.
Metric ID:
rwt_segment_corevest_net_loss_incomeHistorical 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 | -$3.14M | -$3.14M | -$3.14M | -$3.14M | -$5.51M | $595.00K | $5.68M | $1.53M | $1.36M | $6.14M | $3.49M | $7.47M | -$3.29M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -75.2% | +110.8% | +855.1% | -73.2% | -11.1% | +352.8% | -43.1% | +113.9% | -144.0% |
| YoY Change | — | — | — | — | -75.2% | +118.9% | +280.8% | +148.5% | +124.6% | +931.1% | -38.6% | +389.9% | -342.8% |
Range-$5.51M – $7.47M
CAGR+1.5%
Avg YoY Growth+170.8%
Median YoY Growth+124.6%
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Frequently Asked Questions
- What is Redwood Trust's corevest — net (loss) income?
- Redwood Trust (RWT) reported corevest — net (loss) income of -$3.29M in Q1 2026.
- How has Redwood Trust's corevest — net (loss) income changed year-over-year?
- Redwood Trust's corevest — net (loss) income decreased by 342.8% year-over-year, from $1.36M to -$3.29M.
- What is the long-term trend for Redwood Trust's corevest — net (loss) income?
- Over 2 years (2023 to 2025), Redwood Trust's corevest — net (loss) income has grown at a 21.1% compound annual growth rate (CAGR), from -$12.58M to $18.45M.
- What does corevest — net (loss) income mean?
- The total net profit or loss generated by the CoreVest segment.