Redwood Trust Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	449.11	312.93	368.79	329.36	531.48
Securities and Investments	423.02	405.22	127.8	240.48	377.41
Trading Assets	105.6	46	14.21	20.83	26.47
Other Earning Assets	329.88	589.79	550.44	403.46	192.74
Gross Loans	21,552	16,090	12,696	11,370	12,857
Net Loans	21,552	16,090	12,696	11,370	12,857
Other Intangible Assets	302.23	297.68	-	40.89	41.56
Goodwill	23.37	23.37	23.37	23.37	-
Long-Term Investments	101.96	78.12	343.93	390.94	449.23
Other Non-Earning Assets	413.52	415.72	379.57	211.24	231.12
Total Assets	23,701	18,258	14,504	13,031	14,707
Short-Term Borrowings	-	-	-	2,030	2,177
Trading Liabilities	28.15	23.66	33.83	16.86	3.32
Accrued Expenses	398.94	313.74	216.8	180.2	245.79
Long-Term Debt	22,291	16,733	13,051	9,720	10,894
Total Liabilities	22,718	17,070	13,302	11,947	13,321
Preferred Stock	66.95	66.95	66.95	-	-
Common Stock	1.25	1.33	1.32	1.14	1.15
Additional Paid-in Capital	2,463	2,504	2,488	2,350	2,317
Accumulated Other Comprehensive Income	-31.67	-43.07	-57.96	-68.87	-8.93
Retained Earnings	-1,517	-1,341	-1,295	-1,198	-922.93
Shareholders' Equity	982.62	1,188	1,203	1,084	1,386
Total Liabilities & Equity	23,701	18,258	14,504	13,031	14,707
Total Debt	22,291	16,733	13,051	9,720	10,894
Net Cash (Debt)	-22,291	-16,733	-13,051	-9,720	-10,894
Net Cash Per Share	-171.14	-126.63	-112.23	-82.92	-76.68
Book Value	982.62	1,188	1,203	1,084	1,386
Book Value Per Share	7.54	8.99	10.34	9.25	9.76
Tangible Book Value	657.01	866.81	1,179	1,020	1,345
Tangible Book Value Per Share	5.04	6.56	10.14	8.70	9.46

Updated Feb 11, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q