Discontinued — last reported Q1 '26

Business Segments · General and Administrative Expense

Sequoia Mortgage Banking — General and Administrative Expense

Redwood Trust Sequoia Mortgage Banking — General and Administrative Expense decreased by 9.3% to $7.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $6.35M to $7.05M. Over 2 years (FY 2022 to FY 2024), Sequoia Mortgage Banking — General and Administrative Expense shows a downward trend with a -5.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026
Rolls up toG&A

How to read this metric

Lower expenses relative to revenue indicate higher operational efficiency and better profit margins.

Detailed definition

Covers the overhead costs associated with running the mortgage banking segment, including personnel, office space, techn...

Peer comparison

Standard 'G&A' expense category across all industries.

Metric ID: rwt_segment_sequoia_mortgage_banking_general_and_administrative_expense

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$5.64M$5.64M$5.64M$5.64M$4.29M$4.29M$4.29M$4.29M$4.79M$4.96M$5.24M$5.02M$6.35M$7.21M$7.77M$7.05M
QoQ Change+0.0%+0.0%+0.0%-23.9%+0.0%+0.0%+0.0%+11.6%+3.5%+5.7%-4.2%+26.4%+13.5%+7.9%-9.3%
YoY Change-23.9%-23.9%-23.9%-23.9%+11.6%+15.5%+22.1%+17.0%+32.5%+45.4%+48.4%+11.1%
Range$4.29M$7.77M
CAGR+6.1%
Avg YoY Growth+9.0%
Median YoY Growth+13.5%

Frequently Asked Questions

What is Redwood Trust's sequoia mortgage banking — general and administrative expense?
Redwood Trust (RWT) reported sequoia mortgage banking — general and administrative expense of $7.05M in Q1 2026.
How has Redwood Trust's sequoia mortgage banking — general and administrative expense changed year-over-year?
Redwood Trust's sequoia mortgage banking — general and administrative expense increased by 11.1% year-over-year, from $6.35M to $7.05M.
What is the long-term trend for Redwood Trust's sequoia mortgage banking — general and administrative expense?
Over 2 years (2022 to 2024), Redwood Trust's sequoia mortgage banking — general and administrative expense has grown at a -5.8% compound annual growth rate (CAGR), from $22.57M to $20.01M.
What does sequoia mortgage banking — general and administrative expense mean?
Total overhead and operational expenses for the mortgage banking segment.