Discontinued — last reported Q1 '26
Business Segments · Noninterest Income, Net
Sequoia Mortgage Banking — Noninterest Income, Net
Redwood Trust Sequoia Mortgage Banking — Noninterest Income, Net decreased by 23.2% to $22.05M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $22.15M to $22.05M. Over 2 years (FY 2022 to FY 2024), Sequoia Mortgage Banking — Noninterest Income, Net shows an upward trend with a 64.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026
Rolls up toNoninterest Income, Net
How to read this metric
An increase indicates strong operational performance and effective risk management or trading success.
Detailed definition
The aggregate of all revenues earned by the mortgage banking segment excluding interest income, such as servicing fees,...
Peer comparison
Standard banking metric, often labeled 'Non-interest income'.
Metric ID:
rwt_segment_sequoia_mortgage_banking_noninterest_income_netHistorical Data
16 periods
| 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 | -$5.32M | -$5.32M | -$5.32M | -$5.32M | $7.21M | $7.21M | $7.21M | $7.21M | $7.83M | $6.25M | $26.72M | $16.79M | $22.15M | $24.40M | $28.72M | $22.05M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +235.6% | +0.0% | +0.0% | +0.0% | +8.5% | -20.2% | +327.8% | -37.1% | +31.9% | +10.1% | +17.7% | -23.2% |
| YoY Change | — | — | — | — | +235.6% | +235.6% | +235.6% | +235.6% | +8.5% | -13.4% | +270.3% | +132.8% | +183.0% | +290.6% | +7.5% | -0.5% |
Range-$5.32M – $28.72M
CAGR+46.1%
Avg YoY Growth+151.8%
Median YoY Growth+209.3%
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Frequently Asked Questions
- What is Redwood Trust's sequoia mortgage banking — noninterest income, net?
- Redwood Trust (RWT) reported sequoia mortgage banking — noninterest income, net of $22.05M in Q1 2026.
- How has Redwood Trust's sequoia mortgage banking — noninterest income, net changed year-over-year?
- Redwood Trust's sequoia mortgage banking — noninterest income, net decreased by 0.5% year-over-year, from $22.15M to $22.05M.
- What is the long-term trend for Redwood Trust's sequoia mortgage banking — noninterest income, net?
- Over 2 years (2022 to 2024), Redwood Trust's sequoia mortgage banking — noninterest income, net has grown at a 64.5% compound annual growth rate (CAGR), from -$21.28M to $57.58M.
- What does sequoia mortgage banking — noninterest income, net mean?
- Total revenue from non-interest sources, such as fees and trading gains.