secwatch.observer — SEC 8-K summary
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Issuer:     Angel Oak Mortgage REIT, Inc. (AOMR)
CIK:        0001766478
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001766478-23-000129
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Oak Mortgage REIT reports Q3 GAAP net income $8.3M, negative Distributable Earnings
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- Q3 GAAP net income $8.3M ($0.33 diluted EPS); Distributable Earnings ($8.6M) or ($0.35) per diluted share.
- GAAP book value $9.29/share; economic book value $13.20/share as of Sep 30, 2023.
- Declared dividend $0.32/share payable Nov 30, 2023 to holders of record Nov 22, 2023.
- Net interest margin grew 14.8% QoQ; operating expenses (ex-securitization) fell 12.5% QoQ.
- Weighted average coupon rate of loan portfolio improved 99 bps to 5.83% as of Sep 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766478/000176647823000129/0001766478-23-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766478/000176647823000129/aomr-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001766478-23-000129

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