New York Mortgage Trust (NYMT) Reports Q2 EPS of $0.10
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New York Mortgage Trust Reports Second Quarter 2016 Results
August 2, 2016 4:26 PM EDTNEW YORK, Aug. 02, 2016 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT, the Company, we, our or us) today reported results for the three and six months ended June 30, 2016.
Summary of Second Quarter 2016:
Net income attributable to common stockholders of $11.2 million, or $0.10 per share.Net interest income of $16.7 million.Portfolio net interest margin of 321 basis points.Book value per common share of $6.38 at June 30, 2016, delivering an economic return of 2% for the quarter.Completed a residential structured financing transaction resulting in gross proceeds to the... More