What does multifamily investment — noninterest income mean?

Total income from the multifamily segment excluding interest-based earnings.

How do you interpret multifamily investment — noninterest income?

An increase suggests growth in fee-based business lines, while a decrease indicates a reliance on interest income or declining fee activity.

Comparable to non-interest income reported by banks and financial service companies.

Discontinued — last reported Q1 '20

LENLennar Multifamily — Equity Method Investment Summarized Financial Information Other Income

$10.84M+23.6%

LENMultifamily — Other income, net and other gains, net

$307K-96.7%

WTFCOperating Segments — Noninterest Income

$110.27M+23.6%

RCResidential Mortgage Loan Investments — Noninterest Income

$0—

LENMultifamily — Revenue

$82.5M+30.5%

LENLennar Multifamily — Equity Method Investment Summarized Financial Information Other Income Expense

$0-100%

Revenue$356.9M+31.2%

Net income-$5.5M-134%

EPS (diluted)-$0.07-170%

Cash & equivalents$202.4M-22.1%

Total debt$4.9B+29.2%

Total assets$26.8B+34.9%

Operating cash flow-$4.5B-131%

Market cap$646.11M-13.1%

Enterprise value$5.32B+24.4%

P/S0.5×-0.2×

Net margin-9.5%-1.0pp

Reported directly by Redwood Trust in its filing.

Tagged under the XBRL concept us-gaap:NoninterestIncome.

The official record: Redwood Trust’s 10-Q, filed May 15, 2020, on SEC EDGAR. View the filing →

What does multifamily investment — noninterest income mean?: Total income from the multifamily segment excluding interest-based earnings.
How do you interpret multifamily investment — noninterest income?: An increase suggests growth in fee-based business lines, while a decrease indicates a reliance on interest income or declining fee activity.
How does multifamily investment — noninterest income compare across companies?: Comparable to non-interest income reported by banks and financial service companies.