Redwood Trust (RWT) Loans - Net (2014 - 2026)
Redwood Trust's Loans - Net was $23.64 billion in Q2 2026, compared with $484 million a year earlier and up 11.0% from the prior quarter.
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Analysis
Redwood Trust (RWT) Loans - Net (2014 - 2026) Analysis & Trends
At the end of FY2025, Loans - Net at Redwood Trust came in at $17.94 billion, up 61.9% from FY2024.
- Loans - Net has now increased for three consecutive years, with a five-year compound annual growth rate of 33.4% (FY2020 to FY2025).
- In earlier years, Loans - Net was $11.08 billion in FY2024 (+57.1%), $7.05 billion in FY2023 (+25.6%), $5.61 billion in FY2022 (-26.1%) and $7.59 billion in FY2021 (+78.7%).
- The Q2 2026 figure marks the highest quarterly Loans - Net in data going back to Q4 2014.
- Compared with a year earlier, Loans - Net was higher in five of the last seven quarters, with growth averaging 22.0%.
- The best year-over-year quarter for Loans - Net over five years was Q3 2024 (growth of 90.8%); the worst was Q3 2025 (a decline of 95.7%).
- Per Business Quant data, RWT's Loans - Net in the three quarters before Q2 2026 was $21.3 billion (Q1 2026), $17.94 billion (Q4 2025) and $484 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Net (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 4,119.01 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 9.00 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 91.90 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | - |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 7.28 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Redwood Trust | 484.84 Mn | -391.40 Mn | - | 23.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.64 Bn |
| Mar 31, 2026 | 21.30 Bn |
| Dec 31, 2025 | 17.94 Bn |
| Sep 30, 2025 | 484.00 Mn |
| Jun 30, 2025 | 484.00 Mn |
| Mar 31, 2025 | 12.75 Bn |
| Dec 31, 2024 | 11.08 Bn |
| Sep 30, 2024 | 11.16 Bn |
| Jun 30, 2024 | 9.21 Bn |
| Mar 31, 2024 | 7.62 Bn |
| Dec 31, 2023 | 7.05 Bn |
| Sep 30, 2023 | 5.85 Bn |
| Jun 30, 2023 | 5.46 Bn |
| Mar 31, 2023 | 5.49 Bn |
| Dec 31, 2022 | 5.61 Bn |
| Sep 30, 2022 | 5.75 Bn |
| Jun 30, 2022 | 6.58 Bn |
| Mar 31, 2022 | 7.22 Bn |
| Dec 31, 2021 | 7.59 Bn |
| Sep 30, 2021 | 6.22 Bn |
API Access
Redwood Trust Loans - Net API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=loans-net&ticker=RWT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-net", "ticker": "RWT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=loans-net&ticker=RWT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();