Redwood Trust Inc Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 49.57M24.14M16.15M3.65M4.74M0.96M-0.35M-7.10M
Revenue 107.59M123.12M89.13M202.34M287.54M192.40M188.80M216.64M229.31M213.67M308.32M-351.44M541.98M-7.22M165.63M482.02M
Interest income
Interest income - Loans 100.62M67.27M4.33M53.80M217.62M270.79M362.48M382.32M
Interest Income - Debt Securities 186.72M162.55M127.18M122.39M115.56M125.48M97.45M76.87M90.80M105.08M91.82M49.60M54.70M37.71M21.55M49.69M
Interest Income - Deposits 0.37M0.24M0.05M0.07M0.16M
Other interest income 0.17M0.01M
Interest Income - Total 287.88M230.05M217.18M231.38M226.16M242.07M259.43M246.35M248.06M378.72M622.28M571.92M574.93M707.85M724.46M945.16M
Interest expenses
Interest Expense - Debt 5.79M8.26M9.51M9.58M23.82M30.25M43.84M51.51M52.86M80.69M96.51M97.40M78.37M182.18M259.76M270.06M
Interest Expenses 132.00M84.66M98.98M120.70M80.97M87.46M95.88M88.53M108.82M239.04M479.81M448.00M426.75M552.40M631.52M842.56M
Interest Income - Net 155.87M145.39M118.20M110.68M145.19M154.61M163.55M157.83M139.24M139.68M142.47M123.91M148.18M155.45M92.94M102.61M
Non-interest income
Interest Income - Total 102.05M107.03M140.45M153.65M163.90M164.93M139.24M139.68M
Financial Services Fees 0.27M0.05M3.47M4.04M
Investment Gain (Loss) 2.00M14.00M27.00M-0.50M-0.55M0.32M1.51M-2.25M-15.71M
Investment Banking Income 19.71M11.03M
Mortgage Banking 17.93M16.00M0.30M
Other Non-Interest Income 16.27M16.00M11.10M12.00M4.53M4.97M21.21M56.82M76.07M46.99M166.34M-474.81M0.07M1.01M1.08M
Non-Interest Income 16.27M16.00M-29.07M91.66M142.35M37.79M25.25M58.82M90.07M73.99M165.84M-475.35M393.80M-162.68M72.69M-15.71M
Operating Items
Research & Development 7.01M7.66M7.59M5.34M9.89M14.55M
Wages, Salaries and Other 28.59M33.74M27.40M44.60M55.57M53.67M
Selling, General & Administrative 7.05M7.03M3.93M3.63M3.50M5.01M77.16M75.30M108.74M113.50M165.22M140.91M128.29M136.39M
Restructuring Costs 10.40M
Other Operating Expenses 32.94M39.03M36.22M56.67M73.22M70.57M97.42M78.39M7.48M
Operating Expenses 46.99M53.72M47.74M65.63M86.61M90.12M97.42M88.79M77.16M82.78M108.74M113.50M165.22M140.91M128.29M136.39M
EBIT 166.85M196.15M124.22M253.76M265.17M188.78M187.62M223.49M260.97M369.73M656.43M-138.45M764.84M368.96M630.88M915.40M
Non-operating items
Non Operating Investment Income -87.63M-19.55M-10.20M-21.36M-28.57M10.37M-25.69M35.50M-588.44M114.62M-178.27M-44.40M-14.76M
Interest & Investment Income 0.07M0.16M0.07M0.34M1.18M2.89M8.17M28.10M27.14M25.36M38.23M48.04M40.02M
Other Non Operating Income 37.76M-12.00M1.78M0.44M
Non Operating Income 12.00M0.20M13.02M108.78M16.70M15.59M16.24M14.09M
Net income details
EBT 34.84M111.48M25.24M133.06M184.19M101.31M91.74M134.96M152.16M130.69M176.62M-586.46M338.09M-183.44M-0.64M72.84M
Tax Provisions -4.27M-1.04M0.04M1.29M10.95M0.74M-10.35M3.71M11.75M11.09M7.44M-4.61M18.48M-19.92M1.64M18.84M
Profit After Tax 39.20M111.20M26.34M131.77M173.25M100.57M102.09M131.25M140.41M119.60M169.18M-581.85M319.61M-163.52M-2.27M54.00M
Equity Income 0.62M11.00M11.00M12.00M19.66M20.60M18.52M
Income from Non-Controlling Interests -0.08M1.15M-1.15M
Income from Continuing Operations 39.11M112.53M25.20M131.77M173.25M100.57M102.09M131.25M140.41M119.60M169.18M-581.85M319.61M-163.52M-2.27M54.00M
Consolidated Net Income 39.11M112.53M25.20M131.77M173.25M100.57M102.09M131.25M140.41M119.60M169.18M-581.85M319.61M-163.52M-2.27M54.00M
Income towards Parent Company 39.11M112.53M25.20M131.77M173.25M100.57M102.09M131.25M140.41M119.60M169.18M-581.85M319.61M-163.52M-2.27M54.00M
Preferred Dividend Payments 6.68M7.01M
Net Income towards Common Stockholders 39.11M112.53M25.20M131.77M173.25M100.57M102.09M131.25M140.41M119.60M169.18M-581.85M319.61M-163.52M-8.96M46.99M
Additional items
EPS (Basic) 0.561.370.311.612.051.181.201.661.781.471.63-5.122.73-1.43-0.110.32
EPS (Weighted Average and Diluted) 0.551.360.311.591.941.151.181.541.601.341.46-5.122.37-1.43-0.110.32
Tax Rate 0.17%0.97%5.94%0.73%2.75%7.72%8.48%4.21%0.79%5.47%10.86%25.86%