Business Segments · General and Administrative Expense

Sequoia — General and Administrative Expense

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 7, 2026
Rolls up toG&A

How to read this metric

An increase relative to revenue suggests declining operational efficiency, while a decrease may indicate successful cost-cutting or economies of scale.

Detailed definition

Covers the overhead costs associated with operating the Sequoia mortgage banking segment, including personnel, office fa...

Peer comparison

Standard G&A expense category across all corporate segments.

Metric ID: rwt_segment_sequoia_general_and_administrative_expense

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$4.29M$12.69M
CAGR+18.0%
Avg YoY Growth+39.5%
Median YoY Growth+22.1%

Frequently Asked Questions

What is Redwood Trust's sequoia — general and administrative expense?
Redwood Trust (RWT) reported sequoia — general and administrative expense of $7.05M in Q1 2026.
How has Redwood Trust's sequoia — general and administrative expense changed year-over-year?
Redwood Trust's sequoia — general and administrative expense increased by 30.1% year-over-year, from $5.42M to $7.05M.
What is the long-term trend for Redwood Trust's sequoia — general and administrative expense?
Over 2 years (2023 to 2025), Redwood Trust's sequoia — general and administrative expense has grown at a 38.8% compound annual growth rate (CAGR), from $17.17M to $33.09M.
What does sequoia — general and administrative expense mean?
Operating overhead costs for the Sequoia segment.