Angel Oak Mortgage (AOMR) Tops Q1 EPS by 89c

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Go back to Angel Oak Mortgage (AOMR) Tops Q1 EPS by 89c

Angel Oak Mortgage, Inc. Reports First Quarter 2022 Financial Results

May 12, 2022 4:05 PM EDT

ATLANTA--(BUSINESS WIRE)-- Angel Oak Mortgage, Inc. (NYSE: AOMR) (the Company, we, and our), a leading real estate finance company focused on acquiring and investing in first lien non-QM loans and other mortgage- related assets in the U.S. mortgage market, today reported financial results for the quarter ended March 31, 2022.

First Quarter Highlights

Q1 2022 GAAP net loss of $43.5 million, or $(1.77) per diluted share of common stock. Q1 2022 Distributable Earnings of $37.3 million, or $1.49 per diluted share of common stock. Declared dividend of $0.45 per share of common... More