Company: RWT-PA
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000930236-25-000037
Chunk: 55

Company: REDWOOD TRUST INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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, net1,416 251 6,431 8,025 Fee income, net4,579 4,788 9,139 7,452 Other (loss) income, net(183)880 1,719 1,142 Realized gains, net(48)211 1,159 620 Total non-interest income, net39,379 44,224 33,348 136,717 General and administrative expenses(38,707)(36,008)(113,161)(103,861)Portfolio management costs(6,981)(6,356)(23,500)(14,817)Loan acquisition costs(4,355)(3,176)(12,704)(9,077)Other expenses(5,681)(2,228)(13,625)(10,766)Net (Loss) Income Before Provision for Income Taxes(1,351)21,954 (72,872)73,197 Provision for income taxes(6,353)(7,128)(17,177)(12,575)Net (Loss) Income$(7,704)$14,826 $(90,049)$60,622 Dividends on preferred stock(1,750)(1,750)(5,257)(5,257)Net (Loss) Income (Related) Available To Common Stockholders$(9,454)$13,076 $(95,306)$55,365 Basic (loss) earnings per common share$(0.08)$0.09 $(0.76)$0.40 Diluted (loss) earnings per common share$(0.08)$0.09 $(0.76)$0.40 Basic weighted average common shares outstanding129,018,261 132,218,180 131,583,195 131,969,039 Diluted weighted average common shares outstanding129,018,261 132,357,697 131,583,195 132,018,161 

The accompanying notes are an integral part of these consolidated financial statements.

3

REDWOOD TRUST, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

(In Thousands)Three Months Ended September 30,Nine Months Ended September 30,(Unaudited)2025202420252024Net (Loss) Income$(7,704)$14,826 $(90,049)$60,