Redwood Trust Sequoia — Interest Income (Expense), Operating decreased by 8.6% to $24.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 70.8%, from $14.62M to $24.97M. Over 2 years (FY 2023 to FY 2025), Sequoia — Interest Income (Expense), Operating shows an upward trend with a 681.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates improved net interest margins and efficient spread management, while a decrease suggests margin compression.
Represents the net interest margin generated by the Sequoia segment's operating activities. It is the difference between...
Similar to net interest income (NII) metrics used by financial institutions to measure core spread profitability.
rwt_segment_sequoia_interest_income_expense_operating| 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 | $322.50K | $322.50K | $322.50K | $322.50K | $6.05M | $11.18M | $9.55M | $17.03M | $14.62M | $15.52M | $21.23M | $27.31M | $24.97M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | >999% | +84.8% | -14.6% | +78.3% | -14.1% | +6.1% | +36.8% | +28.6% | -8.6% |
| YoY Change | — | — | — | — | >999% | >999% | >999% | >999% | +141.8% | +38.9% | +122.4% | +60.4% | +70.8% |