---
schema_version: "secwatch.filing_event.v1"
accession: "0001766478-23-000070"
form_type: "8-K"
ticker: "AOMR"
cik: "0001766478"
company_name: "Angel Oak Mortgage REIT, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:37:12.316930+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Angel Oak Mortgage REIT Q1 GAAP net income $0.5M, distributable loss $9.1M; BV up to $9.80

## Summary
- GAAP net income $0.5M ($0.02 EPS); Distributable Earnings loss $9.1M ($0.37 EPS).
- GAAP book value per share rose 3.3% to $9.80; Economic book value increased 2.1% to $13.39.
- Declared quarterly dividend $0.32 per share, payable May 31, 2023 to holders of record May 22, 2023.
- Participated in AOMT 2023-1 securitization ($580.5M total), contributing $241M loans; released $16M cash.
- Recourse debt-to-equity ratio improved to 2.0x post-quarter from 3.6x at quarter-end.

## SEC filing metadata
- accession: 0001766478-23-000070
- form_type: 8-K
- ticker: AOMR
- cik: 0001766478
- company_name: Angel Oak Mortgage REIT, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766478/000176647823000070/0001766478-23-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766478/000176647823000070/aomr-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001766478-23-000070
- JSON: https://secwatch.observer/filing/0001766478-23-000070.json
- Plain text: https://secwatch.observer/filing/0001766478-23-000070.txt

## Key facts
- Earnings Releases
  Angel Oak Mortgage REIT, Inc. reported the quarter ended March 31, 2023 results: net income $0.5 million, EPS $0.02 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $0.5 million
  - EPS: $0.02 per diluted share
  - Result: reported results
  source text: Q1 2023 GAAP net income of $0.5 million, or $0.02 per diluted share of common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766478/000176647823000070/0001766478-23-000070-index.htm

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