Redwood Trust Sequoia — General and Administrative Expense decreased by 44.5% to $7.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 30.1%, from $5.42M to $7.05M. Over 2 years (FY 2023 to FY 2025), Sequoia — General and Administrative Expense shows an upward trend with a 38.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests declining operational efficiency, while a decrease may indicate successful cost-cutting or economies of scale.
Covers the overhead costs associated with operating the Sequoia mortgage banking segment, including personnel, office fa...
Standard G&A expense category across all corporate segments.
rwt_segment_sequoia_general_and_administrative_expense| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.29M | $4.29M | $4.29M | $4.29M | $4.79M | $4.96M | $5.24M | $5.02M | $5.42M | $7.21M | $7.77M | $12.69M | $7.05M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.6% | +3.5% | +5.7% | -4.2% | +7.9% | +33.0% | +7.9% | +63.3% | -44.5% |
| YoY Change | — | — | — | — | +11.6% | +15.5% | +22.1% | +17.0% | +13.1% | +45.4% | +48.4% | +152.8% | +30.1% |