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New York Mortgage Trust Reports Strong Q1 2025 Results

New York Mortgage Trust Reports Strong Q1 2025 Results

New York Mortgage Trust ( (NYMT) ) has released its Q1 earnings. Here is a breakdown of the information New York Mortgage Trust presented to its investors.

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New York Mortgage Trust, Inc. is a real estate investment trust (REIT) that focuses on acquiring, investing in, financing, and managing primarily mortgage-related residential assets. The company operates within the real estate sector and is known for its strategic investments in mortgage-backed securities and residential loans.

In its first quarter of 2025, New York Mortgage Trust reported a net income of $30.3 million attributable to common stockholders, translating to $0.33 per share. The company also highlighted a significant increase in investment activities, including the purchase of $1.5 billion in Agency RMBS and $396.8 million in residential loans, alongside a successful issuance of $82.5 million in senior notes.

Key financial metrics for the quarter included a net interest income of $33.1 million and a net interest spread of 1.32%. The company also reported an economic return on book value of 3.13% and maintained a dividend of $0.20 per common share. Notably, the company completed two securitizations of residential loans, generating $326.3 million in net proceeds.

Looking ahead, New York Mortgage Trust’s management expressed optimism about the company’s strategic positioning and balance sheet strength, which they believe will enable continued growth in earnings throughout the year. The company remains focused on enhancing interest income through investments in highly liquid assets, positioning itself to capitalize on market opportunities.

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