Highest-materiality recent filing
Adamas Trust announces $90M offering of 9.600% Senior Notes due 2031
$90M aggregate principal amount of 9.600% Senior Notes due 2031 sold to underwriters.
Adamas Trust raises quarterly common dividend 11.1% to $0.30/share
Quarterly dividend increased to $0.30 per share from $0.27 per share paid in Q2 2026.
Adamas Trust Q2 2026: EPS $0.48, EAD $0.30 (+36% YoY), book value $10.16 (+1.8% QoQ)
GAAP basic EPS $0.48; EAD per share $0.30, up 36.4% YoY and 3.4% QoQ.
Adamas Trust establishes $250M ATM common stock offering program
Entered equity distribution agreement with JonesTrading, BTIG, and B. Riley Securities for at-the-market sales of common stock up to $250M.
Common dividend $0.27/share payable July 28 to holders of record June 23.
Adamas Trust Q1 EPS $0.41, EAD $0.29 (up 45% YoY); book value up 4%
GAAP basic EPS $0.41; EAD per share $0.29, up 45% YoY and 26% QoQ.
Adamas Trust declares Q1 2026 common dividend of $0.23/share, preferred dividends as scheduled
Common stock quarterly dividend of $0.23 per share, payable April 28, 2026 to holders of record March 30, 2026.
Adamas Trust Q4 net income $41.6M ($0.46 EPS); FY net income $101.1M; EAD per share $0.23
FY 2025 net income $101.1M ($1.12 EPS); Q4 net income $41.6M ($0.46 EPS).
Adamas Trust completes $90M offering of 9.250% Senior Notes due 2031
Issued $90M aggregate principal of 9.250% Senior Notes due April 1, 2031.
Adamas Trust declares $0.23 Q4 common dividend; preferred dividends set
Common dividend $0.23/share payable Jan 28, 2026 to holders of record Dec 22, 2025.
Adamas Trust reports Q3 net income of $32.7M, EPS $0.36, book value $9.20
Net income attributable to common stockholders $32.7M ($0.36 per basic share).
Adamas Trust declares $0.23 common dividend and preferred dividends for Q3 2025
Common stock dividend of $0.23/share payable Oct 30, 2025 to holders of record Sep 25, 2025.
NYMT rebrands to Adamas Trust, tickers change to ADAM; acquires $2.1B in residential assets
Name change to Adamas Trust, Inc. effective 9/3/25; common stock ticker changes from NYMT to ADAM on Nasdaq.
NYMT issues additional $25M of 9.875% Senior Notes due 2030
Completed registered direct offering of $25M aggregate principal of 9.875% Senior Notes due 2030.
NYMT posts Q2 net loss of $3.5M; EAD of $0.22 per share, book value $9.11
Net loss attributable to common stockholders of $3.5M ($0.04 per share); earnings available for distribution of $20.0M ($0.22 per share).
NYMT acquires remaining 50% stake in Constructive Loans, boosting business-purpose lending platform
All-cash acquisition of remaining 50% ownership in Constructive Loans, a business-purpose loan originator.
NYMT completes $90M issuance of 9.875% Senior Notes due 2030
Issued $90M aggregate principal of 9.875% Senior Notes due 2030, including $5M from over-allotment exercise.
NYMT launches $50M preferred stock ATM; amends 5.75% notes covenant to 8:1 debt-to-equity
Entered Equity Distribution Agreement with JonesTrading to sell up to $50M aggregate of Series D, E, F, G preferred stock at-the-market.
New York Mortgage Trust declares $0.20 Q2 common dividend, preferred dividends
Common dividend $0.20/share payable July 30, 2025 to holders of record June 23, 2025.
NYMT Q1 2025 net income $30.3M, EPS $0.33; book value $9.37
Net income attributable to common stockholders $30.3M ($0.33 basic EPS).
NYMT declares Q1 2025 common dividend of $0.20/share; sets annual meeting
Common dividend $0.20 per share, payable April 28, 2025 to holders of record March 31, 2025.
NYMT reports Q4 2024 net loss of $0.46/share; full year loss $1.14/share
Q4 2024 net loss attributable to common stockholders $41.8 million ($0.46 per basic share).
NYMT closes $82.5M 9.125% Senior Notes due 2030; net proceeds ~$79.3M
Issued $82.5M aggregate principal of 9.125% Senior Notes due April 1, 2030, including $7.5M over-allotment.
New York Mortgage Trust declares Q4 2024 common dividend of $0.20/sh and preferred dividends
Common stock quarterly cash dividend of $0.20 per share; payable Jan 23, 2025 to holders of record Dec 20, 2024.
NYMT reports Q3 2024 net income $32.4M ($0.36/share); book value $9.83
Net income attributable to common stockholders $32.4M ($0.36 basic EPS).
New York Mortgage Trust declares Q3 2024 common dividend of $0.20/share and preferred dividends
Common stock dividend $0.20 per share, payable Oct 28, 2024 to holders of record Sep 30, 2024.
NYMT Q2 2024 net loss of $26M; book value $9.69 per share
Net loss attributable to common stockholders of $26.0M ($0.29 per share) for Q2 2024.
NYMT issues $60M of 9.125% Senior Notes due 2029
Issued $60M principal of 9.125% Senior Notes due July 1, 2029, at par.
NYMT amends 8-K to disclose 17.4M broker non-votes for director election at 2024 annual meeting
Amendment adds 17,401,202 broker non-votes previously omitted from Original 8-K filed June 24, 2024.
NYMT stockholders elect directors, approve say-on-pay, ratify Grant Thornton at annual meeting
Elected seven directors: Eugenia R. Cheng, Michael B. Clement, Audrey E. Greenberg, Steven R. Mumma, Steven G. Norcutt, Lisa A. Pendergast, Jason T. Serrano all elected at 2024 annual meeting.
NYMT declares $0.20 Q2 common dividend; preferred dividends also declared
Common dividend of $0.20/share payable July 29, 2024 to holders of record June 28, 2024.
NYMT reports Q1 2024 net loss $68.3M ($0.75 per share), book value $10.21
Net loss attributable to common stockholders was $68.3M vs. $0.20 dividend per share.
New York Mortgage Trust declares $0.20 common dividend, preferred dividends for Q1 2024
Common dividend $0.20 per share, payable April 25, 2024 to holders of record March 25, 2024.
NYMT reports Q4 2023 net income of $31.5M; full year net loss of $90M
Q4 net income $31.5M ($0.35 diluted EPS) vs full year net loss $90M ($0.99 loss per share).
NYMT declares Q4 common dividend $0.20/share; preferred dividends announced
Common stock dividend $0.20 per share, payable Jan 26, 2024, record Dec 26, 2023.
Q3 net loss of $94.8M ($1.04/share); book value $11.26 per share
Net loss attributable to common stockholders of $94.8M, or $1.04 per basic share, for Q3 2023.
New York Mortgage Trust declares $0.30/share Q3 common dividend and preferred dividends
Common dividend of $0.30 per share payable Oct 26, 2023 to holders of record Sep 21, 2023.
NYMT Q2 2023 net loss $37.2M ($0.41/share); dividends $0.30
Net loss attributable to common stockholders $37.2 million; $0.41 loss per share.
NYMT declares $0.30 Q2 common dividend, preferred dividends; annual meeting results
Common dividend $0.30/share for Q2 2023, payable July 26 to holders of record June 16.
NYMT Q1 net income $10.5M, EPS $0.12; dividend $0.40 exceeds EPS
Net income attributable to common stockholders $10.5M, basic EPS $0.12 (post 1:4 reverse split effective 3/9/23).
Nathan R. Reese resigns as COO and Secretary effective immediately, not due to any disagreement.
New York Mortgage Trust declares $0.40/share common dividend and preferred dividends for Q1 2023
Common dividend of $0.40 per share payable April 26, 2023 to holders of record March 20, 2023.
New York Mortgage Trust announces 1-for-4 reverse stock split effective March 9, 2023
Reverse split converts every 4 outstanding shares of NYMT common into 1 share; par value temporarily adjusted to $0.04 then back to $0.01.
NYMT reports Q4 2022 net loss of $48M, full-year loss $341M; announces reverse stock split
Q4 net loss attributable to common stockholders $48.1M ($0.13/sh); full year $340.6M ($0.90/sh).
Steven R. Mumma ends executive officer role; remains as Chair of Board
Steven R. Mumma's employee/executive officer role ended Dec 31, 2022, in accordance with his employment agreement and prior succession plan.
Nicholas Mah, formerly Managing Director, appointed President effective Jan 1, 2023; Jason Serrano remains CEO.
NYMT declares Q4 2022 common dividend of $0.10/share and preferred dividends
Common quarterly dividend $0.10 per share for Q4 2022, payable Jan 26, 2023; record Dec 27, 2022.
New York Mortgage Trust amends bylaws to comply with SEC proxy rules effective Nov 21, 2022
Effective Nov 21, 2022; Board adopted Third Amended and Restated Bylaws to align with Rule 14a-19.
NYMT reports Q3 2022 net loss of $125.8M ($0.33/share); book value falls to $3.65
Net loss attributable to common stockholders of $125.8M ($0.33 basic loss per share); comprehensive loss $126.9M.
NYMT prelim Q3 book value $3.62-$3.66, down from $4.06 at Q2 end; repurchased 5.5M shares at $2.62
Book value per common share estimated at $3.62-$3.66 versus $4.06 at June 30, 2022, a decline of about 10%.
Nathan R. Reese, the Company’s Chief Operating Officer (“COO”) and Secretary, notified the Company that he was resigning as COO and Secretary of the Company to pursue other opportunities, with his resignation from those roles effective immediately.
Mr. Mumma, who most recently served as Executive Chairman of the Company, will continue to serve as Chair of the Board of Directors (the “Board”) of the Company.
appointed Nicholas Mah, who presently serves as a Managing Director of the Company, as President of the Company, effective on January 1, 2023
Jason T. Serrano, the Company’s current Chief Executive Officer and President, will relinquish his role as President but will continue in his role of Chief Executive Officer of the Company.
The Employment Agreements adjust the positions, compensation, and other terms of employment for Messrs. Mumma and Serrano to reflect the appointments of Mr. Mumma as Executive Chairman of the Company and Mr. Serrano as Chief Executive Officer and President of the Company, each effective as of January 1, 2022.
The Employment Agreements adjust the positions, compensation, and other terms of employment for Messrs. Mumma and Serrano to reflect the appointments of Mr. Mumma as Executive Chairman of the Company and Mr. Serrano as Chief Executive Officer and President of the Company, each effective as of January 1, 2022.
and Steven R. Mumma, who presently serves as the Chairman of the Board and Chief Executive Officer of the Company, as Executive Chairman of the Company, effective on January 1, 2022
The Board of Directors of the Company (the “Board”) has appointed Jason T. Serrano as President and Chief Executive Officer of the Company, effective on January 1, 2022
unanimously approved the appointment of Audrey E. Greenberg as a director of the Company, effective as of July 9, 2021
Max materiality 0.80 · Median 0.55 · Most common event earnings