Discontinued — last reported Q3 '24
Business Segments · Noninterest Income, Net
Residential Consumer Mortgage Banking — Noninterest Income, Net
Redwood Trust Residential Consumer Mortgage Banking — Noninterest Income, Net increased by 198.0% to $26.72M in Q3 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ3 2023
Last reportedQ3 2024Nov 7, 2024
Rolls up toNoninterest Income, Net
How to read this metric
Higher values indicate strong performance in fee-based activities and market-sensitive assets.
Detailed definition
The aggregate of all income sources within the segment excluding interest income, such as mortgage banking gains, fair v...
Peer comparison
Standard banking metric; comparable to non-interest income at mortgage banks and financial services firms.
Metric ID:
rwt_segment_residential_consumer_mortgage_banking_noninterest_income_netHistorical Data
2 periods
| Q3 '23 | Q3 '24 | |
|---|---|---|
| Value | $8.96M | $26.72M |
| QoQ Change | — | +198.0% |
| YoY Change | — | +198.0% |
Range$8.96M – $26.72M
Avg YoY Growth+198.0%
Median YoY Growth+198.0%
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Frequently Asked Questions
- What is Redwood Trust's residential consumer mortgage banking — noninterest income, net?
- Redwood Trust (RWT) reported residential consumer mortgage banking — noninterest income, net of $26.72M in Q3 2024.
- What does residential consumer mortgage banking — noninterest income, net mean?
- Total non-interest revenue generated by the mortgage banking segment.