Discontinued — last reported Q3 '24
Residential Investor Mortgage Banking — Net Interest Income
Redwood Trust Residential Investor Mortgage Banking — Net Interest Income increased by 17.6% to $1.77M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 142.3%, from $730.00K to $1.77M. Over 2 years (FY 2021 to FY 2023), Residential Investor Mortgage Banking — Net Interest Income shows a downward trend with a -35.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher values indicate effective spread management and favorable financing costs relative to asset yields.
Detailed definition
The difference between interest income earned on residential investor mortgage assets and the interest expense paid on t...
Peer comparison
Standard metric for all financial institutions; directly comparable to net interest margin performance at peer REITs.
rwt_segment_residential_investor_mortgage_banking_net_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 | $1.71M | $1.71M | $1.71M | $2.66M | $2.66M | $2.66M | $2.66M | $456.00K | $724.00K | $730.00K | $908.00K | $894.00K | $1.50M | $1.77M |
| QoQ Change | — | +0.0% | +0.0% | +55.8% | +0.0% | +0.0% | +0.0% | -82.8% | +58.8% | +0.8% | +24.4% | -1.5% | +68.2% | +17.6% |
| YoY Change | — | — | — | — | +55.8% | +55.8% | +55.8% | -82.8% | -72.8% | -72.5% | -65.8% | +96.1% | +107.7% | +142.3% |
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Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — net interest income?
- Redwood Trust (RWT) reported residential investor mortgage banking — net interest income of $1.77M in Q3 2024.
- How has Redwood Trust's residential investor mortgage banking — net interest income changed year-over-year?
- Redwood Trust's residential investor mortgage banking — net interest income increased by 142.3% year-over-year, from $730.00K to $1.77M.
- What is the long-term trend for Redwood Trust's residential investor mortgage banking — net interest income?
- Over 2 years (2021 to 2023), Redwood Trust's residential investor mortgage banking — net interest income has grown at a -35.7% compound annual growth rate (CAGR), from $6.82M to $2.82M.
- What does residential investor mortgage banking — net interest income mean?
- The profit earned from the spread between interest income and interest expense.