Redwood Trust (RWT) Mortgage Banking (2012 - 2022)
Redwood Trust (RWT) posted quarterly Mortgage Banking of $300000.0 for Q1 2022, down 85.0% year-over-year from $2.0 million in Q1 2021, and down 70.0% quarter-over-quarter from $1.0 million in Q4 2021.
Redwood Trust (RWT) Mortgage Banking (2012 - 2022) Analysis & Trends
Redwood Trust (RWT) has reported Mortgage Banking for 5 consecutive years, with $300000.0 the latest figure, recorded in Q1 2022.
- In Q1 2022, Mortgage Banking fell 85.0% year-over-year to $300000.0; the TTM figure through Jun 2022 stood at $7.3 million (down 57.06% YoY), while the FY2022 annual figure was $300000.0, down 98.12% from the prior year.
- Mortgage Banking declined to $300000.0 in Q1 2022 per RWT's latest filing, from $1.0 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $7.0 million in Q2 2021 and bottomed at $300000.0 in Q1 2022.
- Historically, Mortgage Banking has averaged $3.5 million across 3 years, with a median of $4.0 million in 2019.
- On a YoY basis, Mortgage Banking climbed as much as 85.0% in 2022 and fell as far as 85.0% in 2022.
- Redwood Trust's Mortgage Banking stood at $4.0 million in 2019, then slumped by 75.0% to $1.0 million in 2021, then slumped by 70.0% to $300000.0 in 2022.
- Business Quant data shows RWT's Mortgage Banking at $300000.0 in Q1 2022, $1.0 million in Q4 2021, and $6.0 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 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, 2022 | 300,000.00 |
| Dec 31, 2021 | 1.00 Mn |
| Sep 30, 2021 | 6.00 Mn |
| Jun 30, 2021 | 7.00 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Sep 30, 2019 | 4.00 Mn |
| Mar 31, 2019 | 4.00 Mn |
| Mar 31, 2013 | 138,000.00 |
| Dec 31, 2012 | 2.30 Mn |
| Sep 30, 2012 | 4.02 Mn |
| Jun 30, 2012 | 4.24 Mn |
| Mar 31, 2012 | 7.37 Mn |