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New York Mortgage Trust Reports First Quarter 2019 Results

May 6, 2019 4:01 PM EDT

NEW YORK, May 06, 2019 (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, 2019.

Summary of First Quarter 2019:

Earned net income attributable to common stockholders of $38.2 million, or $0.22 per share (basic), and comprehensive income to common stockholders of $51.3 million, or $0.29 per share.Earned net interest income of $26.2 million and portfolio net interest margin of 240 basis points.Recognized book value per common share of $5.75 at... More