Welcome to our dedicated page for REDWOOD CAPITAL BNCRP(CA) news (Ticker: $RWCB), a resource for investors and traders seeking the latest updates and insights on REDWOOD CAPITAL BNCRP(CA) stock.
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Redwood Capital Bancorp (RWCB) reported solid first-quarter financial performance for 2024, with total assets of $527.1 million, total deposits of $468.1 million, and gross loans increasing to $386.5 million. The company's interest income rose by 12% to $5.7 million, and net income after taxes reached $1.3 million. The board declared a quarterly cash dividend of $0.08 per share, with a tangible book value appreciation of 20.34% from March 2023 to March 2024.
