---
schema_version: "secwatch.filing_event.v1"
accession: "0001273685-26-000067"
form_type: "8-K"
ticker: "ADAM"
cik: "0001273685"
company_name: "ADAMAS TRUST, INC."
filed_at: "2026-07-29T20:33:21+00:00"
generated_at: "2026-07-29T20:35:15.483934+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Adamas Trust Q2 2026: EPS $0.48, EAD $0.30 (+36% YoY), book value $10.16 (+1.8% QoQ)

## Summary
- GAAP basic EPS $0.48; EAD per share $0.30, up 36.4% YoY and 3.4% QoQ.
- Book value per share $10.16 (+1.8% QoQ); adjusted book value $11.05 (+2.3% QoQ).
- Total net interest income $50.2M, up 3.7% QoQ; declared dividend $0.27/share (11.5% annualized yield).
- Cumulative stockholder return 31.2% for Q2, 58.5% over last twelve months.
- Recourse Leverage Ratio 5.5x; Portfolio Recourse Leverage 5.2x.

## SEC filing metadata
- accession: 0001273685-26-000067
- form_type: 8-K
- ticker: ADAM
- cik: 0001273685
- company_name: ADAMAS TRUST, INC.
- filed_at: 2026-07-29T20:33:21+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1273685/000127368526000067/0001273685-26-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1273685/000127368526000067/nymt-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001273685-26-000067
- JSON: https://secwatch.observer/filing/0001273685-26-000067.json
- Plain text: https://secwatch.observer/filing/0001273685-26-000067.txt

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