Redwood Trust (RWT) Mortgage Banking (2012 - 2022)
Redwood Trust's (RWT) quarterly Mortgage Banking came in at $300000.0 in 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.
Analysis
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.
- On a quarterly basis, Mortgage Banking fell 85.0% year-over-year to $300000.0 in Q1 2022; TTM through Jun 2022 was $7.3 million, a 57.06% decrease from a year earlier, with the FY2022 full-year figure at $300000.0, down 98.12% from the prior year.
- Mortgage Banking was $300000.0 for Q1 2022 at Redwood Trust, down from $1.0 million in the prior quarter.
- Over five years, Mortgage Banking peaked at $7.0 million in Q2 2021 and troughed at $300000.0 in Q1 2022.
- A 3-year average of $3.5 million and a median of $4.0 million in 2019 frame the typical range for Mortgage Banking.
- The widest YoY moves for Mortgage Banking: up 85.0% in 2022, down 85.0% in 2022.
- Over 3 years, 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.
- The last three Mortgage Banking figures came in at $300000.0 (Q1 2022), $1.0 million (Q4 2021), and $6.0 million (Q3 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Redwood Trust | 553.35 Mn | 361.50 Mn | - |
Historic Data
Download Data
Historic 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 |