Redwood Trust Reports Third Quarter 2021 Financial Results

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Go back to Redwood Trust Reports Third Quarter 2021 Financial Results

Redwood Trust (RWT) Tops Q3 EPS by 28c

October 27, 2021 4:36 PM EDT

Redwood Trust (NYSE: RWT) reported Q3 EPS of $0.65, $0.28 better than the analyst estimate of $0.37.

GAAP net income was $88 million, or $0.65 per diluted common shareGAAP book value per common share was $12.00 at September 30, 2021, up 4.7% from June 30, 2021Economic return on book value(1) of 6.5%... More