RWTN tangible book value per share history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

Redwood Trust, Inc. 9.125% Senior Notes Due 2029 Tangible Book Value Per Share — Annual fiscal periods
Period ending	Tangible Book Value Per Share
Dec 31, 2025	7.2831
Dec 31, 2024	8.6742
Dec 31, 2023	9.897
Dec 31, 2022	8.6986
Dec 31, 2021	11.8743
Dec 31, 2020	9.2511
Dec 31, 2019	14.4035
Dec 31, 2018	14.4911
Dec 31, 2017	13.1068
Dec 31, 2016	13.4207
Dec 31, 2015	11.5051
Dec 31, 2014	13.4843
Dec 31, 2013	14.4049
Dec 31, 2012	14.2694
Dec 31, 2011	11.4097
Dec 31, 2010	13.8176
Dec 31, 2009	14.4481
Dec 31, 2008	9.8416
Dec 31, 2007	-25.719
Dec 31, 2006	38.997
Dec 31, 2005	37.9494
Dec 31, 2004	40.3039
Dec 31, 2003	31.1717
Dec 31, 2002	31.1678
Dec 31, 2001	30.2807
Dec 31, 2000	24.5268
Dec 31, 1999	21.4885
Dec 31, 1998	19.303
Dec 31, 1997	25.0862
Dec 31, 1996	26.5409
Dec 31, 1995	12.3799
Dec 31, 1994	97.5962