Discontinued — last reported Q2 '24
Revenue
Total noninterest income
Redwood Trust Total noninterest income decreased by 16.3% to $42.15M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 145.5%, from $17.17M to $42.15M. Over 2 years (FY 2021 to FY 2023), Total noninterest income shows a downward trend with a -57.0% CAGR.
Analysis
StatementIncome Statement
SectionRevenue
First reportedQ1 2013
Last reportedQ2 2024Aug 7, 2024
Metric ID:
total_noninterest_incomeHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $114.41M | $98.33M | $46.81M | $18.76M | -$110.98M | -$37.14M | -$33.32M | $21.1M | $17.17M | -$9.59M | $44.01M | $50.34M | $42.15M |
| QoQ Change | — | -14.1% | -52.4% | -59.9% | -691.6% | +66.5% | +10.3% | +163.3% | -18.6% | -155.9% | +558.8% | +14.4% | -16.3% |
| YoY Change | — | — | — | — | -197.0% | -137.8% | -171.2% | +12.5% | +115.5% | +74.2% | +232.1% | +138.6% | +145.5% |
Range-$110.98M – $114.41M
CAGR-28.3%
Avg YoY Growth+23.6%
Median YoY Growth+74.2%
Business Segments
| Segment | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|
| Investment Portfolio | -$57.87M | -$22.09M | $1.04M | $3.12M | -$28.67M | $28.52M | $35.58M | $23.51M |
| Business Purpose Mortgage Banking | $14.78M | — | $15.71M | $10.57M | $11.75M | — | — | — |
| Residential Consumer Mortgage Banking | $2.16M | — | — | — | — | $7.21M | — | — |
| Residential Investor Mortgage Banking | $2.78M | — | — | — | — | — | — | — |
| Total | -$37.14M | -$33.32M | $21.1M | $17.17M | -$9.59M | $44.01M | $50.34M | $42.15M |
Business Purpose Mortgage Banking, Investment Portfolio, Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total noninterest income at Other Companies
Frequently Asked Questions
- What is Redwood Trust's total noninterest income?
- Redwood Trust (RWT) reported total noninterest income of $42.15M in Q2 2024.
- How has Redwood Trust's total noninterest income changed year-over-year?
- Redwood Trust's total noninterest income increased by 145.5% year-over-year, from $17.17M to $42.15M.
- What is the long-term trend for Redwood Trust's total noninterest income?
- Over 2 years (2021 to 2023), Redwood Trust's total noninterest income has grown at a -57.0% compound annual growth rate (CAGR), from $393.8M to $72.69M.