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REDWOOD TRUST (RWT)

Earnings summaries and quarterly performance for REDWOOD TRUST.

Recent press releases and 8-K filings for RWT.

Redwood Trust Completes Public Offering of Senior Notes
RWT
Debt Issuance
New Projects/Investments
  • Redwood Trust, Inc. completed a public offering of $100,000,000 aggregate principal amount of its 9.500% Senior Notes due 2030 on November 19, 2025.
  • The offering included an over-allotment option for underwriters to purchase up to an additional $15,000,000 aggregate principal amount of notes.
  • The resulting net proceeds are approximately $96.4 million (or approximately $110.9 million if the over-allotment option is fully exercised).
  • The company intends to use these net proceeds for general corporate purposes, including funding its operating businesses and investment activities, and pursuing strategic acquisitions.
Nov 19, 2025, 9:05 PM
Redwood Trust Reports Record Q3 2025 Loan Originations and Strategic Progress
RWT
Earnings
Share Buyback
New Projects/Investments
  • Redwood Trust achieved record loan locks and originations of nearly $7 billion in Q3 2025, with Sequoia contributing $5.1 billion and Aspire $1.2 billion.
  • The company reported core segment earnings available for distribution (EAD) of $0.20 per share for Q3 2025, and its combined GAAP return on equity for mortgage banking segments reached 28%.
  • Redwood Trust significantly reduced its legacy asset exposure from 33% of total capital at July 30th to 25% by September 30th, while also repurchasing 5 million shares during the quarter.
  • The corporate-secured borrowing facility with CPP Investments was expanded to $400 million from $250 million, enhancing liquidity and supporting growth in core platforms.
  • A GAAP net loss of $9.5 million or $0.08 per share was reported, primarily due to transaction-related expenses from legacy asset resolution, which contributed to a GAAP book value decline to $7.34 per share at September 30th.
Oct 29, 2025, 9:00 PM
Redwood Trust Reports Q3 2025 Results with Record Loan Volumes and Strategic Capital Reallocation
RWT
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • Redwood Trust reported a GAAP net loss of $9.5 million, or $0.08 per share, for Q3 2025, while achieving core segment earnings available for distribution (EAD) of $0.20 per share, representing a 17% return on equity.
  • The company locked or originated a record nearly $7 billion of loans in Q3 2025, including $5.1 billion at Sequoia and $1.2 billion at Aspire.
  • Capital allocated to legacy investments was significantly reduced to 25% of total capital at September 30, down from 33% at July 30, with a target of 20% by year-end.
  • Redwood Trust expanded its relationship with CPP Investments, extending their joint venture and increasing its corporate-secured borrowing facility to $400 million from $250 million.
  • The company paid a $0.18 per share dividend and repurchased 5 million shares during the quarter, totaling 6.5 million shares since June.
Oct 29, 2025, 9:00 PM
Redwood Trust Reports Q3 2025 Financial Results and Record Loan Originations
RWT
Earnings
Share Buyback
New Projects/Investments
  • Redwood Trust (RWT) reported a Q3 2025 GAAP net loss of $9.5 million or $0.08 per share, while core segment earnings available for distribution (EAD) reached $0.20 per share.
  • The company achieved a record $7 billion in loan locks and originations during Q3 2025, driven by $5.1 billion from Sequoia and $1.2 billion from Aspire, with mortgage banking segments maintaining return on equities (ROEs) above 20% for five consecutive quarters.
  • RWT significantly reduced its legacy investment exposure to 25% of total capital from 33% at June 30, 2025, and expanded its corporate-secured borrowing facility with CPP Investments to $400 million.
  • Book value per common share stood at $7.35 at September 30, 2025, and the company repurchased 5 million shares during the quarter, alongside paying a $0.18 per share dividend.
Oct 29, 2025, 9:00 PM
Redwood Trust Reports Q3 2025 Financial Results and Strategic Progress
RWT
Earnings
Share Buyback
New Projects/Investments
  • Redwood Trust reported a GAAP EPS of $(0.08) and Non-GAAP Core Segments EAD EPS of $0.20 for Q3 2025, alongside a book value per share of $7.35 and a dividend per share of $0.18.
  • The company achieved a record quarterly volume of $6.8 billion and significantly advanced its strategic shift, increasing capital allocated to Core Segments to 72% as of September 30, 2025, and disposing of approximately $1 billion in legacy assets.
  • Redwood Trust repurchased 5 million common shares and expanded its partnership with CPP Investments, extending the commitment period to September 2028 and adding $150 million in borrowing capacity.
Oct 29, 2025, 9:00 PM
Redwood Trust Reports Third Quarter 2025 Financial Results and Strategic Progress
RWT
Earnings
Share Buyback
New Projects/Investments
  • Redwood Trust reported a GAAP net loss of $(9.5) million or $(0.08) per basic and diluted common share for the third quarter ended September 30, 2025, primarily driven by one-time expenses related to the transfer or resolution of certain Legacy Investments.
  • Non-GAAP Core Segments EAD for Q3 2025 was $27.1 million or $0.20 per basic common share.
  • The company achieved record mortgage banking production of $6.8 billion and transferred approximately $1 billion of Legacy Investments segment holdings, unlocking $150 million of capital for deployment towards mortgage banking platform growth.
  • Redwood Trust repurchased approximately five million shares of common stock for approximately $29 million during the quarter.
  • GAAP book value per common share was $7.35 at September 30, 2025, with an economic return on book value of 0.5% for the third quarter.
Oct 29, 2025, 8:15 PM
Redwood Trust Reports Third Quarter 2025 Financial Results
RWT
Earnings
Share Buyback
New Projects/Investments
  • Redwood Trust reported a GAAP net loss of $(9.5) million, or $(0.08) per basic and diluted common share, for the third quarter ended September 30, 2025, with a GAAP book value per common share of $7.35.
  • Non-GAAP Core Segments Earnings Available for Distribution (EAD) was $27.1 million, or $0.20 per basic common share, for the third quarter of 2025.
  • The company achieved record cumulative loan production of $6.8 billion across its operating platforms and transferred approximately $1 billion of Legacy Investments segment holdings, unlocking $150 million of capital.
  • Redwood Trust repurchased five million shares of common stock for approximately $29 million and expanded its partnership with CPP Investments, including upsizing a secured financing facility to $400 million.
Oct 29, 2025, 8:15 PM
Redwood Trust issues additional convertible senior notes
RWT
Debt Issuance
  • Redwood Trust, Inc. issued an additional $50,000,000 aggregate principal amount of its 7.75% Convertible Senior Notes due 2027 on August 25, 2025.
  • This issuance is a reopening of an existing series, bringing the total aggregate principal amount of outstanding notes to $297,170,000.
  • The notes bear interest at a rate of 7.75% per year, payable semi-annually, and will mature on June 15, 2027.
  • The conversion rate for the notes is 95.6823 shares of Common Stock per $1,000 principal amount, which is equivalent to a conversion price of approximately $10.45 per share, representing a 78.0% premium over the Company's Common Stock closing price on August 21, 2025.
Aug 25, 2025, 12:00 AM