Discontinued — last reported Q3 '24
Redwood Trust Investment Portfolio — Interest Expense increased by 10.5% to $184.32M in Q3 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase often signals higher leverage or rising interest rates on floating-rate debt, which may compress net interest margins.
The total interest costs incurred on debt obligations used to finance the investment portfolio, including warehouse line...
Standard for leveraged financial entities; comparable to interest expense on debt for mortgage REITs.
rwt_segment_investment_portfolio_interest_expense| Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|
| Value | $132.51M | $133.79M | $166.81M | $184.32M |
| QoQ Change | — | +1.0% | +24.7% | +10.5% |
| YoY Change | — | — | +25.9% | +37.8% |