Redwood Trust (RWT) Interest income - Loans (2009 - 2024)
Redwood Trust (RWT) posted quarterly Interest income - Loans of $1.0 million for Q1 2024, down 37.19% year-over-year from $1.6 million in Q2 2023, and down 31.32% quarter-over-quarter from $1.5 million in Q4 2023.
Redwood Trust (RWT) Interest income - Loans (2009 - 2024) Analysis & Trends
Redwood Trust (RWT) has reported Interest income - Loans for 9 consecutive years, with $1.0 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Interest income - Loans fell 37.19% year-over-year to $1.0 million; the TTM figure through Mar 2024 stood at $5.5 million (down 6.24% YoY), while the FY2023 annual figure was $382.3 million, up 5.47% from the prior year.
- Interest income - Loans retreated to $1.0 million in Q1 2024 per RWT's latest filing, from $1.5 million in the prior quarter.
- Across five years, Interest income - Loans topped out at $52.7 million in Q1 2020 and bottomed at $626000.0 in Q2 2020.
- Historically, Interest income - Loans has averaged $4.2 million across 5 years, with a median of $1.3 million in 2020.
- Annual changes were most pronounced in 2020 — Interest income - Loans surged 1787.92% — and 2021, when it tumbled 98.68%.
- Redwood Trust's Interest income - Loans stood at $1.3 million in 2020, then increased by 27.17% to $1.6 million in 2021, then dropped by 19.42% to $1.3 million in 2022, then climbed by 9.97% to $1.5 million in 2023, then plunged by 31.32% to $1.0 million in 2024.
- Business Quant data shows RWT's Interest income - Loans at $1.0 million in Q1 2024, $1.5 million in Q4 2023, and $1.9 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest income - Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 674.06 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Redwood Trust | 590.95 Mn | 399.10 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.00 Mn |
| Dec 31, 2023 | 1.46 Mn |
| Sep 30, 2023 | 1.90 Mn |
| Jun 30, 2023 | 1.16 Mn |
| Mar 31, 2023 | 1.59 Mn |
| Dec 31, 2022 | 1.32 Mn |
| Sep 30, 2022 | 1.49 Mn |
| Jun 30, 2022 | 1.47 Mn |
| Mar 31, 2022 | 990,000.00 |
| Dec 31, 2021 | 1.64 Mn |
| Sep 30, 2021 | 1.13 Mn |
| Jun 30, 2021 | 911,000.00 |
| Mar 31, 2021 | 693,000.00 |
| Dec 31, 2020 | 1.29 Mn |
| Sep 30, 2020 | 716,000.00 |
| Jun 30, 2020 | 626,000.00 |
| Mar 31, 2020 | 52.65 Mn |
| Dec 31, 2019 | -10.78 Mn |
| Sep 30, 2019 | 5.45 Mn |
| Jun 30, 2019 | 4.00 Mn |