---
schema_version: "secwatch.filing_event.v1"
accession: "0001766478-24-000048"
form_type: "8-K"
ticker: "AOMR"
cik: "0001766478"
company_name: "Angel Oak Mortgage REIT, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:29:06.403933+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Angel Oak Mortgage REIT Q1 2024 net income $12.9M ($0.51 EPS); book value up 2.8%

## Summary
- GAAP net income of $12.9M ($0.51 diluted EPS); Distributable Earnings of $2.8M ($0.11/share).
- GAAP book value per share $10.55 (up 2.8% from $10.26); economic book value $13.78 (up 1.8%).
- Declared dividend of $0.32/share payable May 31 to holders of record May 22.
- Post-quarter AOMT 2024-4 securitization of $300M loans reduced warehouse debt $236M, lowered financing costs ~100 bps.
- Recourse debt/equity at 1.8x as of Mar 31, declining to ~0.5x after securitization; expected below 2.5x.

## SEC filing metadata
- accession: 0001766478-24-000048
- form_type: 8-K
- ticker: AOMR
- cik: 0001766478
- company_name: Angel Oak Mortgage REIT, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000048/0001766478-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000048/aomr-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001766478-24-000048
- JSON: https://secwatch.observer/filing/0001766478-24-000048.json
- Plain text: https://secwatch.observer/filing/0001766478-24-000048.txt

## Key facts
- Earnings Releases
  Angel Oak Mortgage REIT, Inc. reported the quarter ended March 31, 2024 results: net income $12.9 million, EPS $0.51 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Net income: $12.9 million
  - EPS: $0.51 per diluted share
  - Result: reported results
  source text: Q1 2024 GAAP net income of $12.9 million, or $0.51 per diluted share of common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766478/000176647824000048/0001766478-24-000048-index.htm

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