New York Mortgage Trust (NYMT) Misses Q4 EPS by 7c
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New York Mortgage Trust Reports Fourth Quarter and Full Year 2016 Results
February 21, 2017 4:01 PM ESTNEW YORK, Feb. 21, 2017 (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, 2016.
Summary of Fourth Quarter 2016:
Net income attributable to common stockholders of $9.7 million, or $0.09 per share.Net interest income of $14.8 million and net interest margin of 263 basis points. Book value per common share of $6.13 at December 31, 2016, delivering an economic return of 0.47% for the quarter ended and 8.41% for the year ended December 31, 2016.Declared fourth quarter dividend of $0.24 per common share... More