Redwood Trust (RWT) Other Operating Expenses (2009 - 2019)
Redwood Trust (RWT) posted quarterly Other Operating Expenses of $1.9 million for Q3 2019, down 91.08% year-over-year from $21.5 million in Q3 2018, and down 92.7% quarter-over-quarter from $26.3 million in Q2 2019.
Redwood Trust (RWT) Other Operating Expenses (2009 - 2019) Analysis & Trends
Redwood Trust (RWT) has reported Other Operating Expenses for 11 consecutive years, with $1.9 million the latest figure, recorded in Q3 2019.
- In Q3 2019, Other Operating Expenses fell 91.08% year-over-year to $1.9 million; the TTM figure through Jun 2020 stood at $1.9 million (down 97.14% YoY), while the FY2018 annual figure was $7.5 million, changed N/A from the prior year.
- Other Operating Expenses eased to $1.9 million in Q3 2019 per RWT's latest filing, from $26.3 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $30.5 million in Q1 2016 and bottomed at $1.9 million in Q3 2019.
- Historically, Other Operating Expenses has averaged $20.8 million across 5 years, with a median of $20.4 million in 2016.
- Annual changes were most pronounced in 2015 — Other Operating Expenses jumped 82.19% — and 2019, when it tumbled 91.08%.
- Redwood Trust's Other Operating Expenses stood at $22.6 million in 2015, then retreated by 21.27% to $17.8 million in 2016, then grew by 14.27% to $20.4 million in 2017, then slipped by 5.47% to $19.3 million in 2018, then sank by 90.05% to $1.9 million in 2019.
- Business Quant data shows RWT's Other Operating Expenses at $1.9 million in Q3 2019, $26.3 million in Q2 2019, and $19.3 million in Q4 2018.
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, 2019 | 1.92 Mn |
| Jun 30, 2019 | 26.26 Mn |
| Dec 31, 2018 | 19.25 Mn |
| Sep 30, 2018 | 21.49 Mn |
| Jun 30, 2018 | 19.01 Mn |
| Mar 31, 2018 | 23.03 Mn |
| Dec 31, 2017 | 20.37 Mn |
| Sep 30, 2017 | 19.92 Mn |
| Jun 30, 2017 | 18.64 Mn |
| Mar 31, 2017 | 18.23 Mn |
| Dec 31, 2016 | 17.82 Mn |
| Sep 30, 2016 | 20.36 Mn |
| Jun 30, 2016 | 20.16 Mn |
| Mar 31, 2016 | 30.45 Mn |
| Dec 31, 2015 | 22.64 Mn |
| Sep 30, 2015 | 24.50 Mn |
| Jun 30, 2015 | 25.22 Mn |
| Mar 31, 2015 | 25.06 Mn |
| Dec 31, 2014 | 20.79 Mn |
| Sep 30, 2014 | 13.45 Mn |