secwatch.observer — SEC 8-K summary
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Issuer:     Angel Oak Mortgage REIT, Inc. (AOMR)
CIK:        0001766478
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001766478-24-000105
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Oak REIT Q3 GAAP net income $31.2M, distributable loss $3.4M; dividend $0.32
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- GAAP net income $31.2M ($1.29/diluted); Distributable Earnings loss ($3.4M) ($0.14/diluted).
- Net interest income $9.0M, up 22% YoY from $7.4M; economic book value $14.02/share, +6.5% QoQ.
- Issued $50M of 9.5% senior notes due 2029; repurchased 1.7M shares from affiliate for $20M.
- Declared $0.32 per share dividend, payable Nov 27, 2024 to holders of record Nov 19.
- Post-quarter AOMT 2024-10 securitization: $316.8M loans, reduced warehouse debt ~$260M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766478/000176647824000105/0001766478-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766478/000176647824000105/aomr-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001766478-24-000105

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer