Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Adamas Trust (ADAM)

New York Mortgage Trust reports Q3 2024 profit of $32.4 million, or $0.36 per share

Positive Impact 3 of 5 earnings Written later

New York Mortgage Trust (Nasdaq: NYMT) reported third-quarter 2024 net income attributable to common stockholders of $32.4 million, or $0.36 per share, compared with a loss of $94.8 million, or $1.04 per share, in the same quarter of 2023, and a loss of $26.0 million in the second quarter of 2024. Book value per common share fell to $9.83 from $11.26 a year earlier, and the common dividend was $0.20, down from $0.30. The filing names New York Mortgage Trust, not Adamas Trust as stated in the request.

Key points

  • Net income attributable to common stockholders was $32.4 million, or $0.36 per share, for the quarter ended September 30, 2024, versus a loss of $94.8 million, or $1.04 per share, a year earlier.
  • Net interest income rose to $20.2 million from $16.8 million in the third quarter of 2023.
  • Book value per common share was $9.83 at September 30, 2024, down from $11.26 a year earlier; the common dividend was $0.20 per share, down from $0.30.
  • Management will hold a conference call on Thursday, October 31, 2024, at 9:00 a.m. Eastern Time.

The filing

CompanyAdamas Trust (ADAM)
Form8-K, current report
Filed with the SECOct 30, 2024, 4:15 PM ET
Accession number0001273685-24-000079

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.