New York Mortgage Trust (NYMT) Reports Q4 EPS of $0.01

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New York Mortgage Trust Reports Fourth Quarter and Full Year 2015 Results

February 23, 2016 4:06 PM EST

NEW YORK, Feb. 23, 2016 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT, the Company, we, our or us) today reported results for the three and twelve months ended December 31, 2015. 

Summary of Fourth Quarter 2015:

Net income attributable to common stockholders of $1.0 million, or $0.01 per share.Net interest income of $16.0 million and net interest margin of 304 basis points.Closed on the acquisition of distressed residential first lien mortgage loans having an aggregate purchase price of approximately $58.4 million and an aggregate unpaid principal balance of approximately $70.4 million as of the... More