---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-24-000030"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:45:49.839095+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NYMT reports Q4 2023 net income of $31.5M; full year net loss of $90M

## Summary
- Q4 net income $31.5M ($0.35 diluted EPS) vs full year net loss $90M ($0.99 loss per share).
- Book value per common share $11.31; adjusted book value $12.66.
- Economic return on book value +2.22% in Q4, -5.73% for full year.
- Dividends declared $0.20 per common share in Q4, $1.20 per share for full year 2023.
- Net interest spread 1.02% in Q4 vs 0.74% for full year; yield on assets 6.21%.

## SEC filing metadata
- accession: 0001273685-24-000030
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368524000030/0001273685-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368524000030/nymt-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-24-000030
- JSON: https://secwatch.observer/filing/0001273685-24-000030.json
- Plain text: https://secwatch.observer/filing/0001273685-24-000030.txt

## Key facts
- Earnings Releases
  ADAMAS TRUST, INC. reported three and twelve months ended December 31, 2023 results: net income $ 31,465 (for three months), $ (90,035) (for twelve months), EPS $ 0.35 (for three months), $ (0.99) (for twelve months).
  - Period: three and twelve months ended December 31, 2023
  - Net income: $ 31,465 (for three months), $ (90,035) (for twelve months)
  - EPS: $ 0.35 (for three months), $ (0.99) (for twelve months)
  - Result: reported results
  source text: On February 21, 2024, New York Mortgage Trust, Inc. (the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1273685/000127368524000030/0001273685-24-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.