New York Mortgage Trust (NYMT) Tops Q1 EPS by 5c
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New York Mortgage Trust Reports First Quarter 2018 Results
May 3, 2018 4:01 PM EDTNEW YORK, May 03, 2018 (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, 2018.
Summary of First Quarter 2018:
Net income attributable to common stockholders of $23.7 million, or $0.21 per share (basic), and comprehensive loss to common stockholders of $0.8 million, or $0.01 per share.Net interest income of $19.8 million and portfolio net interest margin of 286 basis points.Book value per common share of $5.79 at March 31, 2018, a decrease of 3.5% from December 31, 2017, resulting in an economic loss of 0.2%... More