Discontinued — last reported Q3 '24
Residential Consumer Mortgage Banking — Interest Income
Redwood Trust Residential Consumer Mortgage Banking — Interest Income increased by 24.7% to $26.32M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 334.1%, from $6.06M to $26.32M. Over 2 years (FY 2021 to FY 2023), Residential Consumer Mortgage Banking — Interest Income shows a downward trend with a -28.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests a larger portfolio size or higher interest rate environment, while a decrease may indicate portfolio runoff or lower market rates.
Detailed definition
Represents the gross interest revenue generated from residential mortgage loans held within the consumer mortgage bankin...
Peer comparison
Standard across mortgage banking and REIT sectors; comparable to interest income reported by mortgage originators.
rwt_segment_residential_consumer_mortgage_banking_interest_incomeHistorical 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 | $13.25M | $14.71M | $13.42M | $12.97M | $13.20M | $9.88M | $9.15M | $5.51M | $2.43M | $6.06M | $11.40M | $14.31M | $21.10M | $26.32M |
| QoQ Change | — | +11.1% | -8.8% | -3.4% | +1.8% | -25.1% | -7.4% | -39.8% | -55.8% | +149.1% | +88.0% | +25.6% | +47.4% | +24.7% |
| YoY Change | — | — | — | — | -0.4% | -32.8% | -31.8% | -57.5% | -81.6% | -38.6% | +24.5% | +159.8% | +766.8% | +334.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's residential consumer mortgage banking — interest income?
- Redwood Trust (RWT) reported residential consumer mortgage banking — interest income of $26.32M in Q3 2024.
- How has Redwood Trust's residential consumer mortgage banking — interest income changed year-over-year?
- Redwood Trust's residential consumer mortgage banking — interest income increased by 334.1% year-over-year, from $6.06M to $26.32M.
- What is the long-term trend for Redwood Trust's residential consumer mortgage banking — interest income?
- Over 2 years (2021 to 2023), Redwood Trust's residential consumer mortgage banking — interest income has grown at a -28.0% compound annual growth rate (CAGR), from $48.95M to $25.40M.
- What does residential consumer mortgage banking — interest income mean?
- Total interest earned from residential mortgage loans in the consumer banking segment.