Redwood Trust, Inc. (RWT)

From the record

Redwood Trust, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Redwood Trust, Inc.'s 10 filed years say what it did: revenue went from $259 million in fiscal 2015 to $1.2 billion in fiscal 2025, up 16.4% a year; it rose in 7 of 9 years; the deepest fall was 8% from fiscal 2019 to fiscal 2020; net income was positive in 6 of 10 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Redwood Trust, Inc. lost about 7 cents for every dollar of shareholders' money. Leverage: it owed about 96 cents per dollar of assets, and net share issuance: its share count shrank 1.4% over the year (the filed statements).

From the record

Redwood Trust, Inc.'s standing among 157 graded names in its industry family: revenue of $1.2 billion in fiscal 2025 ranks in the top 32% by size; a net margin of -5.9% ranks in the bottom 21%; revenue growth of 18.7% a year over the last 3 filed years ranks in the top 12% (its annual reports).

From the record

Redwood Trust, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Abate, Christopher J (Chief Executive Officer, as filed), filing under that title since 2018-05-24, 8.5 years (top 47% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 9.9 years (top 26%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 40%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Redwood Trust, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $256 million against no long-term debt tagged leaves 1.1% of its assets as net cash, top 26% of its family; cash from operations less capital spending is -853.4% of revenue (bottom 1%) (its annual report).

From the record

Redwood Trust, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 18.7% a year over the last three filed years against 16.4% over all 10, speeding up (top 26% of its family); the newest year grew 25.2% (top 7%) (its annual reports). Redwood Trust, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Redwood Trust, Inc.'s newest year against its own record: revenue of $1.2 billion in fiscal 2025 came in 8.3% above the $1.1 billion its prior three years' pace pointed to (top 17% of its family); net income of $70 million against a prior three-year average of $37 million (bottom 14%); a net margin of -5.9% against -5.9% before (bottom 49%) (its annual reports).