Redwood Trust Legacy Investments — Interest Income (Expense), Operating decreased by 4.1% to -$8.71M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 85.3%, from -$4.70M to -$8.71M. Over 2 years (FY 2023 to FY 2025), Legacy Investments — Interest Income (Expense), Operating shows a downward trend with a -23.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher net interest income indicates a healthy spread between asset yields and funding costs.
The net interest margin derived from the legacy investment portfolio, calculated as interest income minus interest expen...
Equivalent to Net Interest Income (NII) for investment portfolios at other financial firms.
rwt_segment_legacy_investments_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 | $13.38M | $13.38M | $13.38M | $13.38M | $6.30M | $1.84M | $1.48M | $12.48M | -$4.70M | -$9.45M | -$9.05M | -$8.36M | -$8.71M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -52.9% | -70.9% | -19.6% | +745.5% | -137.7% | -101.0% | +4.2% | +7.6% | -4.1% |
| YoY Change | — | — | — | — | -52.9% | -86.3% | -89.0% | -6.7% | -174.6% | -614.7% | -713.3% | -167.0% | -85.3% |