Redwood Trust Reports First Quarter 2021 Financial Results
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MILL VALLEY, Calif., April 28, 2021 /PRNewswire/ Redwood Trust, Inc. (NYSE:RWT), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended March 31, 2021.
Key Financial Results and Metrics
GAAP net income was $97 million, or $0.72 per diluted common share
GAAP book value per common share was $10.76 at March 31, 2021
Economic return on book value
(1) of 10%
(2) of 1.9x at March 31, 2021
Declared and paid a regular quarterly dividend of $0.16 per common share for the first quarter
Operating Business Highlights
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