Redwood Trust (RWT) Interest income - Loans (2009 - 2024)
Redwood Trust (RWT) recorded Interest income - Loans of $1 million in Q1 2024, down 37.2% from $1.59 million a year earlier and down 31.3% from the prior quarter.
Redwood Trust (RWT) Interest income - Loans (2009 - 2024) Analysis & Trends
On a TTM basis, Redwood Trust's Interest income - Loans came in at $5.51 million as of Mar 31, 2024, down 6.2% year-over-year; for FY2023, it came in at $8.21 million, up 55.7% from FY2022.
- Annual Interest income - Loans has increased for four straight years, with a four-year compound annual growth rate of 54.2% (FY2019 to FY2023).
- Across earlier years, Interest income - Loans came in at $5.28 million in FY2022 (+20.5%), $4.38 million in FY2021 (+14.8%), $3.81 million in FY2020 (+162.7%) and $1.45 million in FY2019.
- The Q1 2024 figure is the lowest quarterly Interest income - Loans since Q1 2022.
- On a year-over-year basis, Interest income - Loans rose in five of the last eight quarters, with growth averaging 14.2%.
- Peak year-over-year performance for Interest income - Loans in the last five years was growth of 61.7% in Q2 2022, against a decline of 37.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.46 million (Q4 2023), $1.9 million (Q3 2023) and $1.16 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest income - Loans (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 39.29 Bn |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 502.32 Mn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 5.38 Bn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 674.06 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Redwood Trust | 444.65 Mn | -431.59 Mn | - | - |
Historic 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 |
| Dec 31, 2010 | 18.63 Mn |
| Sep 30, 2010 | 17.84 Mn |
| Jun 30, 2010 | 16.02 Mn |
| Dec 31, 2009 | 16.46 Mn |
Redwood Trust Interest income - Loans API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-income-loans&ticker=RWT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-income-loans", "ticker": "RWT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-income-loans&ticker=RWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();