Redwood Trust

Q1 2026 in 2mo Q4 2025 Q3 2025 -2.56%Q2 2025 -7.59%Q1 2025 -6.12%Q4 2024 -1.24%Q3 2024 -3.81%Q2 2024 -3.03%Q1 2024 +8.61%Q4 2023 -8.22%Q3 2023 -6.96%Q2 2023 +7.05%Q1 2023 -1.72%Q4 2022 -5.06%Q3 2022 +6.48%Q2 2022 +1.52%Q1 2022 +10.48%Q4 2021 -7.30%Q3 2021 +2.65%Q2 2021 +3.14%Q1 2021 +1.31%Q4 2020 +1.95%Q3 2020 +3.03%Q2 2020 +2.15%Q1 2020 +3.45%Q4 2019 +1.91%Q3 2019 -2.16%Q2 2019 -1.00%Q1 2019 -0.55%Q4 2018 -1.07%Q3 2018 +1.88%Q2 2018 -2.21%Q1 2018 +3.93%Q4 2017 +2.68%Q3 2017 -3.68%Q2 2017 -1.79%Q1 2017 +1.55%Q4 2016 -3.24%Q3 2016 +1.15%Q2 2016 +4.65%Q1 2016 +3.12%Q4 2015 +10.83%Q3 2015 -3.24%Q2 2015 -5.03%Q1 2015 -1.53%Q4 2014 -1.92%Q3 2014 +3.31%Q2 2014 -0.41%Q1 2014 -8.21%Q4 2013 +2.06%Q3 2013 +1.85%Q2 2013 +10.29%Q1 2013 -2.72%Q4 2011 +1.67%Q4 2012 -2.10%Q3 2012 +2.52%Q2 2012 -0.76%Q1 2012 +3.30%Q3 2011 -3.61%Q2 2011 -9.01%Q1 2010 -1.02%Q1 2011 -0.70%Q4 2008 -1.62%Q4 2009 -1.62%Q4 2010 -1.62%Q3 2009 +2.32%Q3 2010 +2.32%Q2 2009 +2.38%Q2 2010 +2.38%

Aug 01, 2024

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Jun 30, 2024

Redwood Trust Q2 2024 Earnings Report

Reported financial results for the quarter ended June 30, 2024.

Key Takeaways

Redwood Trust reported GAAP net income available to common stockholders of $13.8 million, or $0.10 per basic and diluted common share, and non-GAAP Earnings Available for Distribution (EAD) of $18.6 million, or $0.13 per basic common share. The company's mortgage banking platforms saw a nearly 50% increase in volumes, boosting returns.

GAAP book value per common share was $8.73 at June 30, 2024.

Economic return on book value of 1.3% for the second quarter.

Non-GAAP Earnings Available for Distribution (EAD) of $18.6 million.

Locked $2.7 billion of loans, up 49% from the first quarter of 2024.