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Stock impact report

Redwood Trust RWT Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Redwood Trust, Inc. (RWT) 
Last redwood trust, inc. earnings: 2/27 04:16 pm Check Earnings Report
US:NYSE Investor Relations: redwoodtrust.com/corporateprofile
President — Dashiell I. Robinson Chief Financial Officer — Brooke E. Carillo Need a quote from a Motley Fool analyst? Email pr@fool.com TAKEAWAYS Mortgage Banking Volume -- $8.5 billion, a quarterly record and more than 10 times book value, underscoring high capital turnover and operational efficiency. Non-GAAP Earnings Available for Distribution (EAD) -- $0.21 per share, up from $0.20 per share QOQ, covering the $0.18 dividend paid to common shareholders. GAAP Net Loss -- $7 million, or $0.07 per share, compared to GAAP net income of $18 million in the prior quarter. Book Value Per Share -- $7.12, down 3% due to non-cash valuation changes and one-time expenses, not underlying operating performance. Sequoia Segment Locks -- $6.5 billion, an increase of 22% QOQ, with cost per loan declining to 18 basis points driven by automation and efficiency gains. Sequoia Gain-on-Sale Margins -- 96 basis points, at the high end of the historical range, aided by $5.5 billion in di Show less Read more
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