RWT
Redwood Trust Inc.
Halal Rating :
Last Price
$6.50
Last updated:
Market Cap
$859.73m
7D Change
5.78%
1 Year Change
-7.48%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
Redwood Trust Inc is a specialty finance company focused on several distinct areas of housing credit. The company operates through three segments: Residential Mortgage Banking, Business Purpose Mortgage Banking, and Investment Portfolio. They invest in residential and business purpose mortgages and mortgage-related assets.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $69.72m | $223.15m | $25.5m | $223.15m | 36.57% | 100.00% |
| June 30, 2024 | $67.45m | $200.12m | $25.29m | $200.12m | 37.50% | 100.00% |
| March 31, 2024 | $74.55m | $180.53m | $24.21m | $180.53m | 32.48% | 100.00% |
Company Impact
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