Discontinued — last reported Q3 '24
Business Segments · Net Income (Loss)
Residential Consumer Mortgage Banking — Net Income (Loss)
Redwood Trust Residential Consumer Mortgage Banking — Net Income (Loss) increased by 129.3% to $22.76M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 408.8%, from $4.47M to $22.76M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2017
Last reportedQ3 2024Nov 7, 2024
Rolls up toNet Income
How to read this metric
An increase indicates improved segment performance, driven by higher margins, volume, or reduced expenses.
Detailed definition
The bottom-line profitability of the residential consumer mortgage banking segment after accounting for all revenues, in...
Peer comparison
Standard segment net income metric used by all public companies to report divisional performance.
Metric ID:
rwt_segment_residential_consumer_mortgage_banking_net_income_lossHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.38M | $19.41M | $7.95M | $7.46M | -$14.19M | -$640.00K | -$14.21M | -$1.26M | $3.20M | $4.47M | $7.02M | $9.92M | $22.76M |
| QoQ Change | — | +34.9% | -59.1% | -6.2% | -290.3% | +95.5% | <-999% | +91.1% | +353.4% | +39.7% | +57.0% | +41.4% | +129.3% |
| YoY Change | — | — | — | — | -198.6% | -103.3% | -278.8% | -116.9% | +122.6% | +798.8% | +655.7% | +210.0% | +408.8% |
Range-$14.21M – $22.76M
CAGR+16.5%
Avg YoY Growth+166.5%
Median YoY Growth+122.6%
Current Streak6 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's residential consumer mortgage banking — net income (loss)?
- Redwood Trust (RWT) reported residential consumer mortgage banking — net income (loss) of $22.76M in Q3 2024.
- How has Redwood Trust's residential consumer mortgage banking — net income (loss) changed year-over-year?
- Redwood Trust's residential consumer mortgage banking — net income (loss) increased by 408.8% year-over-year, from $4.47M to $22.76M.
- What does residential consumer mortgage banking — net income (loss) mean?
- The total profit or loss generated by the residential mortgage banking business segment.