MILL VALLEY, CA – Redwood Trust, Inc. (RWT), a real estate investment trust with a market capitalization of $723 million, announced the results of its 2025 Annual Meeting of Stockholders held on May 22, 2025, in a recent SEC filing. According to InvestingPro data, the company maintains a strong liquidity position with a current ratio of 6.54, indicating robust financial stability. Shareholders voted on three key items, with significant implications for the company’s governance and oversight.
In the first item, shareholders elected nine directors to the Board for a one-year term. The directors include Greg H. Kubicek, Christopher J. Abate, Doneene K. Damon, Armando Falcon, Douglas B. Hansen, Debora D. Horvath, Georganne C. Proctor, Dashiell I. Robinson, and Faith A. Schwartz. Votes for the directors ranged from 86,575,637 to 89,133,559, with broker non-votes consistently around 23,929,760 for each nominee.
The second item on the ballot was the ratification of Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal was approved with 111,774,363 votes for, 2,308,504 against, and 143,415 abstentions.
Lastly, the non-binding advisory resolution to approve named executive officer compensation was passed with 81,167,725 votes for, 8,912,343 against, and 216,454 abstentions. Broker non-votes tallied at 23,929,760.
The filing, dated May 23, 2025, confirms the decisions made by the stockholders and provides transparency regarding the company’s governance practices. The results indicate strong shareholder support for the elected board members and the company’s choice of auditor, as well as the compensation of its executive officers. InvestingPro analysis reveals that Redwood Trust has maintained dividend payments for 31 consecutive years, currently offering a substantial 13% yield. The stock has experienced recent volatility, declining 8.5% in the past week. Subscribers to InvestingPro can access 8 additional key insights about RWT’s financial performance and outlook.
This report is based on information obtained from the company’s SEC filing and enhanced with InvestingPro data, which indicates the company maintains Fair overall financial health. For comprehensive analysis including Fair Value estimates and detailed financial metrics, investors can access the full Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Redwood Trust Inc (NYSE:RWT). reported its first-quarter earnings for 2025, achieving stability with earnings per share (EPS) of $0.14, aligning with market forecasts. This marks a significant improvement from the previous quarter, where the company reported a loss. The Sequoia segment of Redwood Trust delivered a robust 28% return on equity. Additionally, the company launched the Aspire platform, acquiring $100 million in loans. Analysts’ discussions highlighted Redwood Trust’s strategic focus on resolving legacy multifamily bridge loans and exploring share repurchases. The company plans to increase consumer loan volumes by 30% and rotate $200-$225 million from third-party investments to operating businesses. These developments reflect Redwood Trust’s proactive approach to navigating market changes and leveraging opportunities in the mortgage market.
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