Discontinued — last reported Q4 '23
Residential Consumer Mortgage Banking — Net (loss) income
Redwood Trust Residential Consumer Mortgage Banking — Net (loss) income remained flat by 0.0% to $2.51M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 146.6%, from -$5.39M to $2.51M. Over 2 years (FY 2021 to FY 2023), Residential Consumer Mortgage Banking — Net (loss) income shows a downward trend with a -65.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Positive net income indicates a profitable segment, while a net loss suggests operational challenges or unfavorable market conditions.
Detailed definition
The bottom-line profitability of the residential consumer mortgage banking segment after accounting for all interest inc...
Peer comparison
The standard measure of segment-level profitability across all public companies.
rwt_segment_residential_consumer_mortgage_banking_net_loss_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $82.41M | -$21.58M | $10.05M |
| YoY Change | — | -126.2% | +146.6% |
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Frequently Asked Questions
- What is Redwood Trust's residential consumer mortgage banking — net (loss) income?
- Redwood Trust (RWT) reported residential consumer mortgage banking — net (loss) income of $2.51M in Q4 2023.
- How has Redwood Trust's residential consumer mortgage banking — net (loss) income changed year-over-year?
- Redwood Trust's residential consumer mortgage banking — net (loss) income increased by 146.6% year-over-year, from -$5.39M to $2.51M.
- What is the long-term trend for Redwood Trust's residential consumer mortgage banking — net (loss) income?
- Over 2 years (2021 to 2023), Redwood Trust's residential consumer mortgage banking — net (loss) income has grown at a -65.1% compound annual growth rate (CAGR), from $82.41M to $10.05M.
- What does residential consumer mortgage banking — net (loss) income mean?
- The final profit or loss generated by the mortgage banking business segment after all expenses.