Discontinued — last reported Q3 '24

Business Segments · Other income, net

Residential Investor Mortgage Banking — Other income, net

Redwood Trust Residential Investor Mortgage Banking — Other income, net increased by 362.9% to $5.43M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 325.2%, from $1.28M to $5.43M. Over 2 years (FY 2021 to FY 2023), Residential Investor Mortgage Banking — Other income, net shows an upward trend with a 131.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ3 2024Nov 7, 2024

How to read this metric

Provides context on the diversification of revenue streams beyond core lending and securitization.

Detailed definition

Includes miscellaneous revenue streams within the segment that are not classified as interest, mortgage banking, or fair...

Peer comparison

Standard 'other income' line item found in most financial segment reporting.

Metric ID: rwt_segment_residential_investor_mortgage_banking_other_income_net

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$261.50K$261.50K$261.50K$877.25K$877.25K$877.25K$877.25K$2.41M$1.08M$1.28M$851.00K$626.00K$1.17M$5.43M
QoQ Change+0.0%+0.0%+235.5%+0.0%+0.0%+0.0%+174.5%-55.3%+18.8%-33.4%-26.4%+87.5%+362.9%
YoY Change+235.5%+235.5%+235.5%+174.5%+22.7%+45.7%-3.0%-74.0%+9.1%+325.2%
Range$261.50K$5.43M
CAGR+154.3%
Avg YoY Growth+120.7%
Median YoY Growth+110.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Redwood Trust's residential investor mortgage banking — other income, net?
Redwood Trust (RWT) reported residential investor mortgage banking — other income, net of $5.43M in Q3 2024.
How has Redwood Trust's residential investor mortgage banking — other income, net changed year-over-year?
Redwood Trust's residential investor mortgage banking — other income, net increased by 325.2% year-over-year, from $1.28M to $5.43M.
What is the long-term trend for Redwood Trust's residential investor mortgage banking — other income, net?
Over 2 years (2021 to 2023), Redwood Trust's residential investor mortgage banking — other income, net has grown at a 131.6% compound annual growth rate (CAGR), from $1.05M to $5.61M.
What does residential investor mortgage banking — other income, net mean?
Miscellaneous income earned from non-core segment activities.