New York Mortgage Trust (NYMT) Reports Q2 EPS of $0.20

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New York Mortgage Trust Reports Second Quarter 2015 Results

August 4, 2015 4:30 PM EDT

NEW YORK, Aug. 04, 2015 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT, the Company, we, our or us) today reported results for the quarter ended June 30, 2015. 

Summary of Second Quarter 2015:

Net income attributable to common stockholders of $21.5 million, or $0.20 per share.Net interest income of $20.3 million and net interest margin of 391 basis points.Issued and sold 1,413,757 shares of its common stock at an average price of $7.79 per share under its at-the-market offering programs, resulting in net proceeds to the Company of approximately $10.8 million.  Issued 3,600,000 shares of 7.875% Series C... More