Discontinued — last reported Q3 '24
Business Segments · Noninterest Income, Net
Residential Investor Mortgage Banking — Noninterest Income, Net
Redwood Trust Residential Investor Mortgage Banking — Noninterest Income, Net increased by 55.6% to $18.29M 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
A key indicator of the segment's fee-based business model strength and market-driven revenue generation.
Detailed definition
The aggregate of all non-interest revenue sources for the segment, including mortgage banking activities, fair value adj...
Peer comparison
Standard financial reporting metric for non-interest revenue across banking and REIT sectors.
Metric ID:
rwt_segment_residential_investor_mortgage_banking_noninterest_income_netHistorical Data
2 periods
| Q3 '23 | Q3 '24 | |
|---|---|---|
| Value | $11.75M | $18.29M |
| QoQ Change | — | +55.6% |
| YoY Change | — | +55.6% |
Range$11.75M – $18.29M
Avg YoY Growth+55.6%
Median YoY Growth+55.6%
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Frequently Asked Questions
- What is Redwood Trust's residential investor mortgage banking — noninterest income, net?
- Redwood Trust (RWT) reported residential investor mortgage banking — noninterest income, net of $18.29M in Q3 2024.
- What does residential investor mortgage banking — noninterest income, net mean?
- Total income from non-interest sources within the segment.