Redwood Trust, Inc. (RWT)
NYSE: RWT · Real-Time Price · USD
4.030
+0.090 (2.28%)
Sep 21, 2026, 10:46 AM EDT - Market open
Redwood Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Interest and Dividend Income | 1,369 | 1,183 | 945.16 | 724.46 | 707.85 | 574.93 |
Total Interest Expense | 1,270 | 1,111 | 854.56 | 637.52 | 557.4 | 427.75 |
Net Interest Income | 98.71 | 71.7 | 90.61 | 86.94 | 150.45 | 147.18 |
Mortgage Banking | 157.23 | 167.11 | 99.4 | 67.39 | -13.66 | 235.74 |
Gain (Loss) on Sale of Investments | -46.11 | -88.37 | -2.76 | -44.4 | -170.56 | 146.14 |
Other Revenue | 51.74 | 26.94 | 69.67 | 55.7 | 11.66 | 10.54 |
Revenue Before Loan Losses | 261.57 | 177.37 | 256.91 | 165.63 | -22.1 | 539.6 |
| 261.57 | 177.37 | 256.91 | 165.63 | -22.1 | 539.6 | |
Revenue Growth | 73.61% | -30.96% | 55.11% | - | - | - |
Salaries & Employee Benefits | 22.51 | 20.02 | 25.03 | 24.85 | 23.1 | 19.94 |
Cost of Services Provided | 189.55 | 180.33 | 142.96 | 123.18 | 130.52 | 163.44 |
Other Operating Expenses | 25.79 | 21.86 | 14.09 | 16.24 | 0.71 | 14.32 |
Total Operating Expenses | 237.85 | 222.21 | 182.07 | 164.27 | 154.34 | 197.7 |
Operating Income | 23.72 | -44.84 | 74.84 | 1.36 | -176.44 | 341.9 |
EBT Excluding Unusual Items | 23.72 | -44.84 | 74.84 | 1.36 | -176.44 | 341.9 |
Other Unusual Items | -5 | - | -2 | -2 | -7 | - |
Pretax Income | 18.72 | -44.84 | 72.84 | -0.64 | -183.44 | 338.09 |
Income Tax Expense | 13 | 25.19 | 18.84 | 1.64 | -19.92 | 18.48 |
Net Income | 5.72 | -70.03 | 54 | -2.27 | -163.52 | 319.61 |
Preferred Dividends & Other Adjustments | 12.55 | 12.66 | 11.41 | 10.68 | 4.34 | 10.64 |
Net Income to Common | -6.83 | -82.68 | 42.6 | -12.96 | -167.86 | 308.98 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 126 | 130 | 132 | 116 | 117 | 113 |
Shares Outstanding (Diluted) | 126 | 130 | 132 | 116 | 117 | 142 |
Shares Change | -4.71% | -1.43% | 13.64% | -0.81% | -17.49% | 24.69% |
EPS (Basic) | -0.05 | -0.63 | 0.32 | -0.11 | -1.43 | 2.73 |
EPS (Diluted) | -0.05 | -0.63 | 0.32 | -0.11 | -1.43 | 2.37 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Dividend Per Share | 0.720 | 0.720 | 0.670 | 0.710 | 0.920 | 0.780 |
Dividend Growth | 1.41% | 7.46% | -5.63% | -22.83% | 17.95% | 7.59% |
Operating Margin | 9.07% | -25.28% | 29.13% | 0.82% | - | 63.36% |
Profit Margin | -2.61% | -46.62% | 16.58% | -7.82% | - | 57.26% |
Effective Tax Rate | 69.46% | - | 25.86% | - | - | 5.46% |