New York Mortgage Trust (NYMT) Tops Q3 EPS by 5c

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New York Mortgage Trust Reports Third Quarter 2018 Results

November 5, 2018 4:01 PM EST

NEW YORK, Nov. 05, 2018 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT, the Company, we, our or us) today reported results for the three and nine months ended September 30, 2018.

Summary of Third Quarter 2018:

Earned net income attributable to common stockholders of $28.0 million, or $0.21 per share (basic), and comprehensive income to common stockholders of $18.2 million, or $0.14 per share.Earned net interest income of $19.6 million and portfolio net interest margin of 255 basis points.Recognized book value per common share of $5.72 at September 30, 2018, a decrease of less than 1%... More