Discontinued — last reported Q3 '24
Business Segments · Income Tax Expense (Benefit)
Investment Portfolio — Income Tax Expense (Benefit)
Redwood Trust Investment Portfolio — Income Tax Expense (Benefit) decreased by 120.8% to -$606.00K in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 141.6%, from $1.46M to -$606.00K.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2024Nov 7, 2024
Rolls up toIncome Tax
How to read this metric
Changes reflect shifts in the segment's profitability or changes in the effective tax rate applied to the segment's activities.
Detailed definition
The provision for income taxes or the benefit recognized specifically attributable to the earnings of the investment por...
Peer comparison
Standard tax provision reporting consistent with segment-level financial disclosures across public companies.
Metric ID:
rwt_segment_investment_portfolio_income_tax_expense_benefitHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $780.00K | $1.05M | $1.30M | $1.83M | -$686.00K | $5.66M | $213.00K | $1.47M | $1.46M | $0.00 | $1.15M | $2.91M | -$606.00K |
| QoQ Change | — | +34.0% | +24.5% | +40.7% | -137.5% | +925.7% | -96.2% | +587.8% | -0.5% | -100.0% | — | +154.3% | -120.8% |
| YoY Change | — | — | — | — | -187.9% | +442.0% | -88.4% | +313.6% | -74.3% | — | +438.0% | +98.9% | -141.6% |
Range-$686.00K – $5.66M
CAGR-8.1%
Avg YoY Growth+100.0%
Median YoY Growth+12.3%
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Frequently Asked Questions
- What is Redwood Trust's investment portfolio — income tax expense (benefit)?
- Redwood Trust (RWT) reported investment portfolio — income tax expense (benefit) of -$606.00K in Q3 2024.
- How has Redwood Trust's investment portfolio — income tax expense (benefit) changed year-over-year?
- Redwood Trust's investment portfolio — income tax expense (benefit) decreased by 141.6% year-over-year, from $1.46M to -$606.00K.
- What does investment portfolio — income tax expense (benefit) mean?
- The tax expense or benefit allocated to the investment portfolio segment.