secwatch.observer — SEC 8-K summary
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Issuer:     ADAMAS TRUST, INC. (ADAM)
CIK:        0001273685
Form:       8-K
Filed at:   2026-07-29T20:33:21+00:00
Accession:  0001273685-26-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273685/000127368526000067/0001273685-26-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273685/000127368526000067/nymt-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001273685-26-000067

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