Redwood Trust (RWT) Misses Q4 EPS
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Redwood Trust Reports Fourth Quarter 2022 Financial Results
February 9, 2023 4:15 PM ESTMILL VALLEY, Calif.--(BUSINESS WIRE)-- Redwood Trust, Inc. (NYSE:RWT; "Redwood" or the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the fourth quarter ended December 31, 2022.
Key Q4 2022 Financial Results and Metrics
GAAP book value per common share was $9.55 at December 31, 2022, a 6.2% decrease from $10.18 per share at September 30, 2022 Economic return on book value of (3.9)%(1) GAAP net loss of $(0.40) per diluted common share $(0.21) per share was attributable to net fair value changes on long-term... More