Discontinued — last reported Q3 '24
Residential Consumer Mortgage Banking — General and Administrative Expense
Redwood Trust Residential Consumer Mortgage Banking — General and Administrative Expense increased by 5.7% to $5.24M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 15.9%, from $4.52M to $5.24M. Over 2 years (FY 2021 to FY 2023), Residential Consumer Mortgage Banking — General and Administrative Expense shows a downward trend with a -28.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Lower values relative to revenue indicate better operational efficiency, while rising costs may signal scaling or inefficiency.
Detailed definition
Covers the operational overhead costs required to run the residential consumer mortgage banking segment, including perso...
Peer comparison
Standard operating metric; comparable to G&A expenses across all corporate segments and peer financial firms.
rwt_segment_residential_consumer_mortgage_banking_general_and_administrative_expenseHistorical Data
| 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 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.90M | $7.89M | $6.10M | $6.10M | $6.08M | $5.74M | $4.65M | $4.81M | $3.74M | $4.52M | $4.11M | $4.79M | $4.96M | $5.24M |
| QoQ Change | — | +14.4% | -22.7% | +0.1% | -0.3% | -5.7% | -19.0% | +3.4% | -22.2% | +20.9% | -9.2% | +16.6% | +3.5% | +5.7% |
| YoY Change | — | — | — | — | -11.8% | -27.3% | -23.8% | -21.2% | -38.5% | -21.2% | -11.7% | -0.4% | +32.6% | +15.9% |
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Frequently Asked Questions
- What is Redwood Trust's residential consumer mortgage banking — general and administrative expense?
- Redwood Trust (RWT) reported residential consumer mortgage banking — general and administrative expense of $5.24M in Q3 2024.
- How has Redwood Trust's residential consumer mortgage banking — general and administrative expense changed year-over-year?
- Redwood Trust's residential consumer mortgage banking — general and administrative expense increased by 15.9% year-over-year, from $4.52M to $5.24M.
- What is the long-term trend for Redwood Trust's residential consumer mortgage banking — general and administrative expense?
- Over 2 years (2021 to 2023), Redwood Trust's residential consumer mortgage banking — general and administrative expense has grown at a -28.5% compound annual growth rate (CAGR), from $33.57M to $17.17M.
- What does residential consumer mortgage banking — general and administrative expense mean?
- Total operating and administrative costs for the mortgage banking segment.