Discontinued — last reported Q2 '24
Redwood Trust Investment Portfolio — Noninterest Income decreased by 33.9% to $23.51M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 654.6%, from $3.12M to $23.51M. Over 2 years (FY 2021 to FY 2023), Investment Portfolio — Noninterest Income shows a downward trend with a -84.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher non-interest income indicates successful asset appreciation or effective trading strategies, though it can be more volatile than interest income.
Revenue generated by the investment portfolio segment from sources other than interest income, such as fair value adjust...
Comparable to 'other income' or 'non-interest revenue' in banking and investment management segments.
rwt_segment_investment_portfolio_noninterest_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $59.82M | $34.87M | $10.89M | $2.46M | -$91.88M | -$57.87M | -$22.09M | $1.04M | $3.12M | -$28.67M | $28.52M | $35.58M | $23.51M |
| QoQ Change | — | -41.7% | -68.8% | -77.4% | <-999% | +37.0% | +61.8% | +104.7% | +200.4% | <-999% | +199.5% | +24.7% | -33.9% |
| YoY Change | — | — | — | — | -253.6% | -266.0% | -302.8% | -57.8% | +103.4% | +50.5% | +229.1% | >999% | +654.6% |