Redwood Trust (NYSE:RWT) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
Redwood Trust (NYSE:RWT) reported Q1 earnings with an EPS of $0.21, missing consensus estimates by $0.01, and revenue of $63.9 million, below the $89.5 million forecast. Despite the miss and a GAAP net loss of $7 million, the company achieved a third consecutive record operating quarter in mortgage banking volume and announced a significant partnership with Castlelake, providing $8 billion in incremental purchasing power. Redwood Trust also declared a quarterly dividend of $0.18, representing an annualized yield of 12.9%.
APR 29·Investing.com→
Redwood Trust Q1 2026 slides: record $8.5B volume, new Castlelake JV
Redwood Trust (NYSE: RWT) reported mixed financial results for Q1 2026, achieving a record $8.5 billion in mortgage banking volume and launching a strategic joint venture with Castlelake despite broader market headwinds. While GAAP results showed a net loss and a decline in book value due to investment fair value changes, the company emphasized its strong non-GAAP earnings (EAD) per share and improved capital efficiency through strategic initiatives like its SPIRE securitization shelf and advanced AI integration. Redwood continues to strategically reposition its capital towards core mortgage banking and away from legacy holdings, underlining its competitive strength in the non-agency mortgage market.
APR 29·Seeking Alpha→
Redwood Trust, Inc. 2026 Q1 - Results - Earnings Call Presentation (NYSE:RWT) 2026-04-29
This article announces that Redwood Trust, Inc. has published its slide deck in anticipation of its 2026 Q1 earnings call. The content is an earnings call presentation for investors following the company's financial results. SA Transcripts, a team dedicated to publishing earnings call transcripts, authored the piece.
