Redwood Trust (RWT) Misses Q4 EPS by 11c

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Go back to Redwood Trust (RWT) Misses Q4 EPS by 11c

Redwood Trust Reports Fourth Quarter 2023 Financial Results

February 20, 2024 4:15 PM EST

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company", "we" or "our"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2023.

Key Q4 2023 Financial Results and Metrics

GAAP book value per common share was $8.64 at December 31, 2023, a 1.5% decrease from $8.77 per share at September 30, 2023 Economic return on book value was 0.3%(1) GAAP net income available to common stockholders of $19 million or $0.15 per diluted common... More