Business
Redwood Trust Reports Fourth Quarter and Full Year 2025 Financial Results; Record Platform Performance Drives Earnings Growth
MILL VALLEY, Calif., February 11, 2026--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2025.
About this update from Redwood Trust, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":238,"url":"https://media.zenfs.com/en/business-wire.com/4ff5801a3ec21deda932ce27a31df14c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/yvLw3s.iVpO3YXnSsj7rQA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ3NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/4ff5801a3ec21deda932ce27a31df14c","width":480,"height":238}},"lazy":false},{"type":"text","content":"MILL VALLEY, Calif., February 11, 2026--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE:RWT; "Redwood", the "Company"), a leader in expanding access to housing for homebuyers and renters, today reported its financial results for the quarter ended December 31, 2025.","length":280,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2025 Highlights","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fourth quarter results reflect continued momentum across Redwood’s Mortgage Banking platforms, with higher production revenues translating directly into earnings growth","length":168,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Mortgage Banking production reached a record $7.3 billion(1)","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Profitably generated record Mortgage Banking GAAP net income of $51.3 million; sixth consecutive quarter of 20%+ Return on Capital ("ROC") for our Mortgage Banking segments(1)(2)","length":188,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":248,"olType":false}]},{"val":[{"type":"text","content":"Wind-down of Legacy Investments portfolio on target; capital allocated to legacy assets declined to 19% at year-end 2025","length":120,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":536,"olType":false},{"type":"text","content":"Full Year 2025 Highlights","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Full year results driven by a record $23 billion of combined Mortgage Banking volume, a 111% year-over-year increase","length":116,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Achieved full-year combined Mortgage Banking GAAP net income of $146.2 million and RO...