Discontinued — last reported Q2 '24

Business Segments · Goodwill

Residential Investor Mortgage Banking — Goodwill

Redwood Trust Residential Investor Mortgage Banking — Goodwill remained flat by 0.0% to $23.37M in Q2 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ2 2024Aug 7, 2024
Rolls up toGoodwill

How to read this metric

A decrease typically signals an impairment charge, reflecting a decline in the expected future performance of acquired units.

Detailed definition

The intangible asset representing the premium paid over the fair value of net identifiable assets when acquiring busines...

Peer comparison

Standard accounting line item found across all public companies that have completed M&A activity.

Metric ID: rwt_segment_residential_investor_mortgage_banking_goodwill

Historical Data

4 periods
 Q4 '22Q4 '23Q1 '24Q2 '24
Value$23.37M$23.37M$23.37M$23.37M
QoQ Change+0.0%+0.0%+0.0%
YoY Change+0.0%
Range$23.37M$23.37M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak3+ quarters growth

Frequently Asked Questions

What is Redwood Trust's residential investor mortgage banking — goodwill?
Redwood Trust (RWT) reported residential investor mortgage banking — goodwill of $23.37M in Q2 2024.
What does residential investor mortgage banking — goodwill mean?
The accounting value of intangible business premiums paid during acquisitions.