Redwood Trust (RWT) Notes Payables (2014 - 2024)
Redwood Trust (RWT) posted quarterly Notes Payables of $156.0 million for Q3 2024, down 89.44% year-over-year from $1.5 billion in Q4 2023, and up 7.0% quarter-over-quarter from $145.8 million in Q2 2024.
Redwood Trust (RWT) Notes Payables (2014 - 2024) Analysis & Trends
Redwood Trust (RWT) has reported Notes Payables for 11 consecutive years, with $156.0 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Notes Payables fell 89.44% year-over-year to $156.0 million; the TTM figure through Sep 2024 stood at $156.0 million (down 89.44% YoY), while the FY2023 annual figure was $153.7 million, down 92.43% from the prior year.
- Notes Payables improved to $156.0 million in Q3 2024 per RWT's latest filing, from $145.8 million in the prior quarter.
- Across five years, Notes Payables topped out at $2.3 billion in Q1 2020 and bottomed at $145.0 million in Q2 2020.
- Historically, Notes Payables has averaged $1.3 billion across 5 years, with a median of $1.5 billion in 2023.
- Annual changes were most pronounced in 2020 — Notes Payables sank 94.11% — and 2021, when it jumped 924.14%.
- Redwood Trust's Notes Payables stood at $522.6 million in 2020, then jumped by 316.63% to $2.2 billion in 2021, then dropped by 6.78% to $2.0 billion in 2022, then sank by 92.43% to $153.7 million in 2023, then climbed by 1.52% to $156.0 million in 2024.
- Business Quant data shows RWT's Notes Payables at $156.0 million in Q3 2024, $145.8 million in Q2 2024, and $1.3 billion in Q1 2024.
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 |
|---|---|
| Sep 30, 2024 | 155.99 Mn |
| Jun 30, 2024 | 145.79 Mn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 153.65 Mn |
| Sep 30, 2023 | 1.48 Bn |
| Jun 30, 2023 | 1.46 Bn |
| Mar 31, 2023 | 1.62 Bn |
| Dec 31, 2022 | 2.03 Bn |
| Sep 30, 2022 | 2.11 Bn |
| Jun 30, 2022 | 1.87 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 2.18 Bn |
| Sep 30, 2021 | 1.75 Bn |
| Jun 30, 2021 | 1.48 Bn |
| Mar 31, 2021 | 1.25 Bn |
| Dec 31, 2020 | 522.61 Mn |
| Sep 30, 2020 | 482.76 Mn |
| Jun 30, 2020 | 145.00 Mn |
| Mar 31, 2020 | 2.34 Bn |
| Dec 31, 2019 | 2.33 Bn |