Great Ajax Corp (AJX) Tops Q2 EPS by 14c

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Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2021

August 5, 2021 4:05 PM EDT

Second Quarter Highlights

Interest income of $23.0 million; net interest income of $14.2 million Net income attributable to common stockholders of $10.4 million Basic earnings per common share (EPS) of $0.45 Book value per common share of $15.86 at June 30, 2021 Taxable income of $0.34 per common share Formed four joint ventures that acquired $1.4 billion in unpaid principal balance ("UPB") of mortgage loans with collateral values of $2.4 billion and retained $232.9 million of varying classes of related securities issued by the joint ventures to end the quarter with $558.1 million of investments in debt securities and beneficial... More