New York Mortgage Trust Q2 net loss narrows to $3.5 million, or $0.04 per share
New York Mortgage Trust reported a second-quarter 2025 net loss to common stockholders of $3.5 million, or $0.04 per share, which was smaller than the $26.0 million loss a year earlier but reversed a $30.3 million profit in the first quarter. Earnings available for distribution were $0.22 per common share against a $0.20 dividend, and the company disclosed a July 15 acquisition of the remaining 50% of Constructive Loans for about $38.4 million. The filing names the registrant as New York Mortgage Trust (Nasdaq: NYMT), not Adamas Trust (ADAM) as the request stated.
Key points
- Net loss attributable to common stockholders of $3.5 million, or $(0.04) per share, versus a $26.0 million loss, or $(0.29) per share, in Q2 2024
- Earnings available for distribution of $20.0 million, or $0.22 per common share; dividends declared were $0.20 per common share
- Net interest income rose to $36.4 million from $19.0 million a year earlier; Q1 2025 net income to common stockholders was $30.3 million, or $0.33 per share
- Subsequent events: $90.0 million of 9.875% senior notes due 2030 issued on July 8, 2025; Constructive Loans acquisition completed July 15, 2025
The filing
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 July 30, 2025.
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.