Redwood Trust, Inc. (RWT)

NYSE: RWT · Real Estate Investment Trusts · Mill Valley, CA · filing with the SEC since 1996

Grade5.3

◀ Past 5.8● Present 4.8▶ Future 5.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Mar 3, 2025	Feb 29, 2024	Mar 1, 2023	Feb 25, 2022	Feb 26, 2021	Mar 2, 2020	Mar 1, 2019	Feb 28, 2018	Feb 24, 2017
For lenders
Interest and dividend income	1,182,926	945,164	724,462	707,854	574,926	571,916	622,281	378,717	248,057	·
Interest and investment income	32,081	40,018	48,040	38,225	25,364	27,135	28,101	8,166	2,892	·
Interest expense on deposits and borrowings	1,100,229	842,556	631,519	552,400	·	·	·	·	·	·
Net interest income	82,697	102,608	92,943	155,454	148,177	123,911	142,473	139,678	139,241	·
Noninterest income	·	·	72,688	-162,679	393,804	-475,354	165,844	73,988	90,073	·
General and administrative	153,946	136,393	128,295	140,908	165,218^r	113,498^r	108,737^r	75,298^r	77,156	·
Total operating expenses	·	·	166,270	176,215	203,890	235,012	131,694	82,978	77,156	·
Total costs and expenses	·	·	16,238	15,590	16,695	108,785	13,022	196	0	·
Interest expense	·	·	631,519	552,400	426,749	448,005	479,808	239,039	108,816	·
Share of profit of equity-method investments	·	·	·	·	·	1,037	1,405	618	0	·
Other income (expense), net	·	·	145	1,579^r	2,445^r	1,562^r	1,753^r	0	0	·
Income before income taxes	-44,841	72,841	-639	-183,440	338,091	-586,455	176,623	130,688	152,158	·
Income tax expense	25,185	18,837	1,635	-19,920	18,478	-4,608	7,440	11,088	11,752	·
Net income	-70,026	54,004	-2,274	-163,520	319,613	-581,847	169,183	119,600	140,406	·
Net income to common shareholders	-77,041	46,989	-8,958	-163,520^r	319,613^r	-583,837	164,386	115,846	136,774	·
Earnings per share, basic	-0.63	0.32	-0.11	-1.43	2.73	-5.12	1.63	1.47	1.78	·
Earnings per share, diluted	-0.63	0.32	-0.11	-1.43	2.37	-5.12	1.46	1.34	1.60	·
Weighted average shares, basic	130,250,167	132,050,825	116,283,328	117,227,846	113,230,190	113,935,605	101,120,744	78,724,912	76,792,957	·
Weighted average shares, diluted	130,250,167	132,139,434	116,283,328	117,227,846	142,070,301	113,935,605	136,780,594	110,027,770	101,975,008	·
Weighted average shares, basic and diluted	·	·	·	·	113,230,190	113,935,605	101,147,225	78,724,912	76,792,957	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InterestIncomeOther

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton RWT · research, not advice