New York Mortgage Trust (NYMT) Reports Q1 EPS of $0.13; Will Acquire Rest of RiverBanc
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
New York Mortgage Trust Reports First Quarter 2016 Results
May 3, 2016 4:01 PM EDTNEW YORK, May 03, 2016 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT, the Company, we, our or us) today reported results for the three months ended March 31, 2016.
Summary of First Quarter 2016:
Net income attributable to common stockholders of $13.7 million, or $0.13 per share.Portfolio net interest income of $18.1 million and net interest margin of 333 basis points.Sold distressed residential loans with a carrying value of $34.0 million for aggregate proceeds of $39.5 million, which resulted in realized gains of $5.5 million.Repaid outstanding FHLBI advances and outstanding notes from our 2013 distressed... More