Discontinued — last reported Q3 '24
Loan Transfers Accounted for as Sales — Interest Expense
Starwood Property Trust Loan Transfers Accounted for as Sales — Interest Expense decreased by 3.3% to $209.46M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 15.4%, from $247.73M to $209.46M. Over 2 years (FY 2021 to FY 2023), Loan Transfers Accounted for as Sales — Interest Expense shows an upward trend with a 116.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to loan volume may signal rising funding costs or inefficiencies in the financing structure for assets held for sale.
Detailed definition
Captures the interest costs directly attributable to the financing of loan portfolios that are subsequently transferred...
Peer comparison
Standard interest expense reporting for financial segments, comparable to 'interest expense on held-for-sale assets' at peer lenders.
stwd_segment_loan_transfers_accounted_for_as_sales_interest_expenseHistorical Data
| 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 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $48.36M | $52.07M | $61.64M | $68.60M | $88.23M | $145.11M | $199.19M | $226.39M | $250.33M | $247.73M | $246.58M | $236.15M | $216.51M | $209.46M |
| QoQ Change | — | +7.7% | +18.4% | +11.3% | +28.6% | +64.5% | +37.3% | +13.7% | +10.6% | -1.0% | -0.5% | -4.2% | -8.3% | -3.3% |
| YoY Change | — | — | — | — | +82.5% | +178.7% | +223.2% | +230.0% | +183.7% | +70.7% | +23.8% | +4.3% | -13.5% | -15.4% |
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Frequently Asked Questions
- What is Starwood Property Trust's loan transfers accounted for as sales — interest expense?
- Starwood Property Trust (STWD) reported loan transfers accounted for as sales — interest expense of $209.46M in Q3 2024.
- How has Starwood Property Trust's loan transfers accounted for as sales — interest expense changed year-over-year?
- Starwood Property Trust's loan transfers accounted for as sales — interest expense decreased by 15.4% year-over-year, from $247.73M to $209.46M.
- What is the long-term trend for Starwood Property Trust's loan transfers accounted for as sales — interest expense?
- Over 2 years (2021 to 2023), Starwood Property Trust's loan transfers accounted for as sales — interest expense has grown at a 116.9% compound annual growth rate (CAGR), from $206.35M to $971.03M.
- What does loan transfers accounted for as sales — interest expense mean?
- The interest costs incurred on debt used to fund loans that are intended for or have been transferred as sales.