earnings
confidence high
sentiment neutral
materiality 0.55
Angel Oak Mortgage REIT posts Q1 net loss of $7.4M; net interest income up 20% YoY, declares $0.32 dividend
Angel Oak Mortgage REIT, Inc.
2026-Q1 EPS reported
-$0.30
- GAAP net loss of $7.4M, or $(0.30) per diluted share.
- Net interest income of $12.1M, up 20.1% vs Q1 2025 and 11.2% vs Q4 2025.
- GAAP book value $10.31/sh (-4.0% from year-end); economic book value $12.28/sh (-3.3%).
- Distributable earnings of $4.6M ($0.18/sh); declared $0.32 dividend, payable May 29, record May 22.
- Executed $272M securitization (AOMT 2026-2); purchased $246.2M non-QM loans at avg coupon 7.34%.
item 2.02item 9.01