secwatch.observer — SEC 8-K summary
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Issuer:     Angel Oak Mortgage REIT, Inc. (AOMR)
CIK:        0001766478
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0001766478-24-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Oak Mortgage REIT Q4 GAAP net income $28.6M, distributable earnings -$6.5M
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- Q4 2023 GAAP net income $28.6M ($1.15 diluted EPS); full year $33.7M ($1.35 diluted EPS).
- Q4 2023 Distributable Earnings -$6.5M (-$0.26 per share); full year -$28.1M (-$1.14 per share).
- GAAP book value per share $10.26 as of Dec 31, 2023, up 10.4% from Sep 30; economic book value $13.54.
- Purchased $222.7M new loans in 2023 with 8.37% avg coupon; securitized $662M; portfolio $2.1B.
- Declared dividend $0.32/share paid Feb 29, 2024; recourse debt/equity ratio 1.9x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766478/000176647824000011/0001766478-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766478/000176647824000011/aomr-20240305.htm
  HTML page:      https://secwatch.observer/filing/0001766478-24-000011

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