---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-25-000086"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:35:33.010473+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Adamas Trust reports Q3 net income of $32.7M, EPS $0.36, book value $9.20

## Summary
- Net income attributable to common stockholders $32.7M ($0.36 per basic share).
- Earnings available for distribution $22.0M ($0.24 per share).
- Net interest income $36.6M; net interest spread 1.50%.
- Book value per common share $9.20; adjusted book value $10.38.
- Quarterly dividend declared $0.23 per common share.

## SEC filing metadata
- accession: 0001273685-25-000086
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/0001273685-25-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368525000086/nymt-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-25-000086
- JSON: https://secwatch.observer/filing/0001273685-25-000086.json
- Plain text: https://secwatch.observer/filing/0001273685-25-000086.txt

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