Discontinued — last reported Q1 '26

Business Segments · Net Interest Income

Sequoia Mortgage Banking — Net Interest Income

Redwood Trust Sequoia Mortgage Banking — Net Interest Income increased by 17.6% to $24.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.1%, from $18.34M to $24.97M. Over 2 years (FY 2022 to FY 2024), Sequoia Mortgage Banking — Net Interest Income shows an upward trend with a 87.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

Higher net interest income indicates a wider spread or larger portfolio, signaling improved profitability.

Detailed definition

The difference between the interest income earned on mortgage assets and the interest expense incurred to fund those ass...

Peer comparison

Standard 'Net Interest Income' (NII) used across the banking and REIT industry.

Metric ID: rwt_segment_sequoia_mortgage_banking_net_interest_income

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$3.12M$3.12M$3.12M$3.12M$322.50K$322.50K$322.50K$322.50K$6.05M$11.18M$9.55M$17.03M$18.34M$15.52M$21.23M$24.97M
QoQ Change+0.0%+0.0%+0.0%-89.7%+0.0%+0.0%+0.0%>999%+84.8%-14.6%+78.3%+7.7%-15.4%+36.8%+17.6%
YoY Change-89.7%-89.7%-89.7%-89.7%>999%>999%>999%>999%+203.4%+38.9%+122.4%+36.1%
Range$322.50K$24.97M
CAGR+74.2%
Avg YoY Growth>999%
Median YoY Growth+80.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Redwood Trust's sequoia mortgage banking — net interest income?
Redwood Trust (RWT) reported sequoia mortgage banking — net interest income of $24.97M in Q1 2026.
How has Redwood Trust's sequoia mortgage banking — net interest income changed year-over-year?
Redwood Trust's sequoia mortgage banking — net interest income increased by 36.1% year-over-year, from $18.34M to $24.97M.
What is the long-term trend for Redwood Trust's sequoia mortgage banking — net interest income?
Over 2 years (2022 to 2024), Redwood Trust's sequoia mortgage banking — net interest income has grown at a 87.4% compound annual growth rate (CAGR), from $12.47M to $43.80M.
What does sequoia mortgage banking — net interest income mean?
The profit earned from the spread between interest income and interest expense.