Redwood Trust posts Q1 2026 net loss of $7.3 million, or $0.07 a share

Redwood Trust, Inc.

Redwood Trust, Inc.

RWT

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  • Redwood Trust posted a first-quarter 2026 net loss of $7.3 million, or $0.07 per share.
  • Net interest income climbed to $34.7 million from $25.9 million in the prior quarter.
  • Non-GAAP earnings available for distribution edged up to $27.1 million, or $0.21 per share, exceeding the $0.18 dividend.
  • Mortgage banking production hit a record $8.5 billion, up from $7.3 billion in the prior quarter, as Sequoia and Aspire scaled while holding gross margins within targeted ranges despite late-quarter volatility.
  • CEO Christopher Abate said distribution and technology are boosting capital turnover and risk management as Redwood expands its product set and deepens institutional investor relationships.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redwood Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604291615BIZWIRE_USPR_____20260429_BW897923) on April 29, 2026, and is solely responsible for the information contained therein.