Redwood Trust, Inc. (RWT) financial statements (2021 and earlier)

Company profile

Business Address ONE BELVEDERE PLACE
MILL VALLEY, CA 94941
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments461451529378197395218
Cash and cash equivalents461451529378197395218
Total current assets:461451529378197395218
Noncurrent Assets
Operating lease, right-of-use asset15131616121112
Property, plant and equipment4455555
Intangible assets, net (including goodwill), including:576165681614951
Goodwill    89  
Intangible assets, net (excluding goodwill)5761656873  
Other undisclosed intangible assets, net (including goodwill)     4951
Total noncurrent assets:767985901786568
Other undisclosed assets9,8189,8739,74811,83317,62015,01713,566
TOTAL ASSETS:10,35510,40210,36212,30117,99515,47613,852
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1310341135
Accounts payable69  5  
Taxes payable6      
Interest and dividends payable1134635
Debt5234836632,3422,3291,9812,463
Total current liabilities:5364926662,3462,3401,9842,468
Noncurrent Liabilities
Liabilities, other than long-term debt 55551212
Deferred income tax liabilities 55551212
Total noncurrent liabilities: 55551212
Other undisclosed liabilities8,7088,8518,7549,22513,82311,6959,808
Total liabilities:9,2449,3499,42511,57616,16813,69112,288
Stockholders' equity
Stockholders' equity attributable to parent, including:1,1111,0539377251,8271,7851,564
Common stock1111111
Additional paid in capital2,2652,2622,2802,2762,2702,2452,013
Accumulated other comprehensive income (loss)(4)(21)(29)(86)423849
Retained earnings9979438016361,5791,5301,496
Other undisclosed stockholders' equity attributable to parent(2,148)(2,132)(2,116)(2,102)(2,064)(2,029)(1,995)
Stockholders' equity attributable to noncontrolling interest17171715131917
Other undisclosed stockholders' equity(17)(17)(17)(15)(13)(19)(17)
Total stockholders' equity:1,1111,0539377251,8271,7851,564
TOTAL LIABILITIES AND EQUITY:10,35510,40210,36212,30117,99515,47613,852

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net investment income104105113172166119117
Realized investment gains01264653
Gross profit:104106140179183126122
Operating expenses    76(27)(26)
Other operating income (expense), net(113)(0)12(21)22
Other expenses (8)(5)(91)   
Operating income (loss):(8)10614118123810199
Interest and debt expense(98)(100)(103)(147)(148)(117)(116)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes169145127(1,000)(37)5051
Income (loss) from continuing operations before income taxes:63151165(966)533434
Income tax expense (benefit)(8)(9)(0)22(4)0(2)
Net income (loss) attributable to parent:54142165(943)493431
Other undisclosed net loss available to common stockholders, basic(1)(4)(5)(1)(2)(1)(1)
Net income (loss) available to common stockholders, basic:54138161(945)483330
Interest on convertible debt    1099
Other undisclosed net income (loss) available to common stockholders, diluted 8(14) (0)(0)(0)
Net income (loss) available to common stockholders, diluted:54145146(945)574239

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):54142165(943)493431
Other comprehensive income (loss)16956(127)3(11)(4)
Comprehensive income (loss), net of tax, attributable to parent:71151222(1,070)532428

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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