Angel Oak Mortgage REIT Q1 GAAP net income $20.5M ($0.87/share); declares $0.32 dividend

Angel Oak Mortgage REIT, Inc.

2025-Q1 EPS reported $0.87

Q1 GAAP net income $20.5M, $0.87 per diluted share; net interest income $10.1M, +17.6% YoY.
GAAP book value $10.70/share (+5.2% vs YE 2024); economic book value $13.41 (+2.4%).
Distributable Earnings $4.1M ($0.17/share); declared $0.32/share dividend payable May 30, 2025.
Purchased $259M non-QM loans in Q1; post-quarter AOMT 2025-4 securitization released $24.7M cash.
Recourse debt/equity fell from 2.3x at Q-end to 1.3x after securitization.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.