Every material Form 8-K Adamas Trust filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
New York Mortgage Trust (Nasdaq: NYMT) reported a second-quarter 2024 net loss attributable to common stockholders of $26.0 million, or $0.29 per share, narrower than the $37.2 million loss a year earlier and the $68.3 million loss in the first quarter. Net interest income rose to $19.0 million from $15.1 million, but book value per common share fell to $9.69 from $12.44 a year earlier, and the common dividend was $0.20 per share versus $0.30. The filing names New York Mortgage Trust as the registrant, not Adamas Trust as stated in the request.
Net loss to common stockholders of $26.0 million ($0.29 per share) for the three months ended June 30, 2024, vs. $37.2 million ($0.41 per share) a year earlier
Net loss to common stockholders of $68.3 million in the first quarter of 2024 ($0.75 per share)
Net interest income of $19.0 million vs. $15.1 million in the second quarter of 2023
Book value per common share of $9.69 at June 30, 2024, down from $10.21 at March 31, 2024 and $12.44 at June 30, 2023; conference call set for August 1, 2024 at 9:00 a.m. Eastern
New York Mortgage Trust (Nasdaq: NYMT) reported a first-quarter 2024 net loss attributable to common stockholders of $68.3 million, or $0.75 per share, compared with net income of $10.5 million, or $0.12 per share, a year earlier. Book value per common share fell to $10.21 from $11.31 at December 31, 2023, and management attributed the decline mainly to impairments in its multi-family joint venture equity investments. The filing names New York Mortgage Trust, not Adamas Trust, and uses ticker NYMT rather than ADAM as the request stated.
Net loss attributable to common stockholders of $68.3 million ($0.75 per share) for the three months ended March 31, 2024, versus net income of $10.5 million ($0.12 per share) in the same quarter of 2023
Total other loss of $57.3 million, including $36.2 million of real estate impairments and $39.4 million of net unrealized losses
Book value per common share of $10.21 at March 31, 2024, versus $11.31 at December 31, 2023; adjusted book value per common share of $11.51
Dividend of $0.20 per common share; earnings conference call scheduled for Thursday, May 2, 2024 at 9:00 a.m. Eastern Time
New York Mortgage Trust (NYMT) reported fourth-quarter 2023 net income attributable to common stockholders of $31.5 million, or $0.35 per basic share, compared with a net loss attributable to the company of $37.6 million in the fourth quarter of 2022. For the full year, it reported a net loss to common stockholders of $90.0 million, or $0.99 per share, and net interest income fell from fourth-quarter 2022 levels. Note: the filing identifies the registrant as New York Mortgage Trust, not Adamas Trust as the request header states.
Q4 2023 net income attributable to common stockholders: $31.5 million, or $0.35 per basic share
Full-year 2023 net loss attributable to common stockholders: $90.0 million, or $0.99 per share
Q4 2023 net interest income: $16.8 million, versus $22.3 million in Q4 2022; full-year impairment of real estate: $89.5 million
Board extended buyback programs to March 31, 2025; $193.2 million of common and $97.6 million of preferred authorization remained available
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Adamas Trust filing is on SEC EDGAR ↗. 8-K briefs of other companies →