Redwood Trust reports Q4 EAD 13c, consensus 16c

GAAP book value per common share was $8.46 at December 31, 2024, relative to $8.74 per share at September 30, 2024. “We are proud of the significant progress we made in 2024 in growing our operating businesses, establishing key capital partnerships, raising our dividend, and achieving solid profitability amidst a challenging market,” said Christopher Abate, Chief Executive Officer of Redwood Trust (RWT). “Looking ahead to 2025, we expect further progress towards our core operating goals, with the added potential for housing policy and regulatory changes to transform our opportunity set. Our focus on strategic bank relationships and innovative new loan products positions Redwood to continuing growing market share and enhance earnings power. We remain committed to providing critical liquidity to the housing finance market and supporting our partners and shareholders in this evolving landscape.”