---
schema_version: "secwatch.filing_event.v1"
accession: "0000930236-24-000035"
form_type: "8-K"
ticker: "RWT"
cik: "0000930236"
company_name: "REDWOOD TRUST INC"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:49:03.139595+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Redwood Trust Q3 2024: GAAP EPS $0.09, EAD $0.18, book value $8.74, dividend raised 6.25% to $0.17

## Summary
- GAAP net income $13.1M ($0.09 per share); Non-GAAP EAD $25.2M ($0.18 per share).
- Book value per share $8.74 (flat QoQ); economic return on book value 2.1% in Q3, 6.8% YTD.
- Residential Consumer mortgage banking locked $2.2B loans; GAAP ROC annualized 30%.
- Dividend raised to $0.17 per common share for Q3, a 6.25% increase from Q2.
- Deployed $157M capital accretively; recourse leverage ratio 2.5x at Sept 30, 2024.

## SEC filing metadata
- accession: 0000930236-24-000035
- form_type: 8-K
- ticker: RWT
- cik: 0000930236
- company_name: REDWOOD TRUST INC
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930236/000093023624000035/0000930236-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930236/000093023624000035/rwt-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930236-24-000035
- JSON: https://secwatch.observer/filing/0000930236-24-000035.json
- Plain text: https://secwatch.observer/filing/0000930236-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.