Company: RWT-PA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000930236-25-000029
Chunk: 63

Company: REDWOOD TRUST INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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733)24,969 Servicing income, net1,608 3,549 5,015 7,774 Fee income, net2,209 1,663 4,560 2,664 Other income, net352 1,037 1,902 262 Realized gains, net640 — 1,207 409 Total non-interest (loss) income, net(51,937)42,154 (6,031)92,493 General and administrative expenses(36,983)(33,284)(74,454)(67,853)Portfolio management costs(10,028)(4,864)(16,519)(8,461)Loan acquisition costs(4,781)(3,664)(8,349)(5,901)Other expenses(4,035)(5,177)(7,944)(8,538)Net (Loss) Income Before Provision for Income Taxes(93,930)20,458 (71,521)51,243 Provision for income taxes(4,562)(4,924)(10,824)(5,447)Net (Loss) Income$(98,492)$15,534 $(82,345)$45,796 Dividends on preferred stock(1,757)(1,757)(3,507)(3,507)Net (Loss) Income (Related) Available To Common Stockholders$(100,249)$13,777 $(85,852)$42,289 Basic (loss) earnings per common share$(0.76)$0.10 $(0.67)$0.31 Diluted (loss) earnings per common share$(0.76)$0.10 $(0.67)$0.31 Basic weighted average common shares outstanding133,006,312 132,115,854 132,886,919 131,843,100 Diluted weighted average common shares outstanding133,006,312 132,123,702 132,886,919 131,847,024 

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 June 30,Six Months Ended June 30,(Unaudited)2025202420252024Net (Loss) Income$(98,492)$