AI brief of an SEC Form 8-K · Adamas Trust (ADAM)

Adamas Trust Q3 2025 net income $32.7 million, $0.36 per share; dividend raised to $0.23

Positive Impact 3 of 5 earnings Written later

Adamas Trust reported third-quarter 2025 net income attributable to common stockholders of $32.7 million, or $0.36 per share, roughly flat with $32.4 million, or $0.36 per share, a year earlier. Net interest income rose to $36.6 million from $20.2 million, and the company increased its common dividend to $0.23 per share, declared in September 2025.

Key points

  • Q3 2025 net income to common stockholders: $32.7 million, or $0.36 per share, versus $32.4 million, or $0.36 per share, in Q3 2024
  • Earnings available for distribution: $22.0 million, or $0.24 per share; book value per common share was $9.20 at September 30, 2025
  • Nine months ended September 30, 2025: net income to common stockholders of $59.5 million, or $0.66 per share, compared with a loss of $62.0 million, or $(0.68) per share, a year earlier
  • Net interest income of $36.6 million versus $20.2 million a year earlier; common dividend increased to $0.23 per share

The filing

CompanyAdamas Trust (ADAM)
Form8-K, current report
Filed with the SECOct 29, 2025, 4:16 PM ET
Accession number0001273685-25-000086

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

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing 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 29, 2025.

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