secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001273685-24-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYMT reports Q4 2023 net income of $31.5M; full year net loss of $90M
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000127368524000030/0001273685-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000127368524000030/nymt-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001273685-24-000030

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