Discontinued — last reported Q1 '26
Sequoia Mortgage Banking — Net Income
Redwood Trust Sequoia Mortgage Banking — Net Income increased by 11.8% to $38.38M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 48.6%, from $25.82M to $38.38M. Over 2 years (FY 2022 to FY 2024), Sequoia Mortgage Banking — Net Income shows an upward trend with a 68.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher net income indicates strong performance in loan acquisition and securitization margins relative to operating costs.
Detailed definition
The final profitability metric for the mortgage banking segment after accounting for all revenues, interest expenses, op...
Peer comparison
Comparable to 'segment net income' or 'segment earnings' reported by other mortgage REITs and financial services firms.
rwt_segment_sequoia_mortgage_banking_net_incomeHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$5.39M | -$5.39M | -$5.39M | -$5.39M | $2.51M | $2.51M | $2.51M | $2.51M | $7.02M | $9.92M | $22.76M | $21.80M | $25.82M | $22.15M | $34.32M | $38.38M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +146.6% | +0.0% | +0.0% | +0.0% | +179.3% | +41.4% | +129.3% | -4.2% | +18.4% | -14.2% | +54.9% | +11.8% |
| YoY Change | — | — | — | — | +146.6% | +146.6% | +146.6% | +146.6% | +179.3% | +294.9% | +805.5% | +767.5% | +267.8% | +123.3% | +50.8% | +48.6% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Redwood Trust's sequoia mortgage banking — net income?
- Redwood Trust (RWT) reported sequoia mortgage banking — net income of $38.38M in Q1 2026.
- How has Redwood Trust's sequoia mortgage banking — net income changed year-over-year?
- Redwood Trust's sequoia mortgage banking — net income increased by 48.6% year-over-year, from $25.82M to $38.38M.
- What is the long-term trend for Redwood Trust's sequoia mortgage banking — net income?
- Over 2 years (2022 to 2024), Redwood Trust's sequoia mortgage banking — net income has grown at a 68.8% compound annual growth rate (CAGR), from -$21.58M to $61.50M.
- What does sequoia mortgage banking — net income mean?
- The total profit or loss generated by the mortgage banking segment after all related expenses and taxes.