New York Mortgage Trust (NYMT) Misses Q4 EPS by 4c
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New York Mortgage Trust Reports Fourth Quarter 2018 Results
February 21, 2019 4:16 PM ESTNEW YORK, Feb. 21, 2019 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (NYMT, the Company, we, our or us) today reported results for the three and twelve months ended December 31, 2018.
Summary of Fourth Quarter 2018:
Earned net income attributable to common stockholders of $3.7 million, or $0.02 per share (basic), and comprehensive income to common stockholders of $16.9 million, or $0.11 per share.Earned net interest income of $21.9 million and portfolio net interest margin of 230 basis points.Recognized book value per common share of $5.65 at December 31, 2018, a decrease of 1% from September 30, 2018, resulting in an... More