secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001273685-23-000072
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYMT Q1 net income $10.5M, EPS $0.12; dividend $0.40 exceeds EPS
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- Net income attributable to common stockholders $10.5M, basic EPS $0.12 (post 1:4 reverse split effective 3/9/23).
- Undepreciated earnings $12.6M ($0.14/share); net interest spread 0.41%.
- Book value per common share $12.95; adjusted book value $15.41; economic return on BV 0.6%.
- Dividend of $0.40 per common share, exceeding net income per share of $0.12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000127368523000072/0001273685-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000127368523000072/nymt-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001273685-23-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer