- New York Mortgage Trust (NASDAQ:NYMT): Q1 GAAP EPS of $0.11.
- Net interest income of $30.34M (-35.6% Y/Y) misses by $5.69M.
- "Our portfolio net margin expanded by 12 basis points to 2.42%, but more importantly, our portfolio net interest income increased by $4.4 million from the previous quarter, or 17%. We expect to see improvement in both our net interest margin and net interest income in future periods as we continue to transition out of lower-yielding CUSIP securities and focus increasingly on loans in both our single-family and multi-family strategies." said Steven Mumma, Chairman and Chief Executive Officer.
- Press Release
New York Mortgage Trust misses on net interest income
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Symbol | Last Price | % Chg |
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NYMT | - | - |
New York Mortgage Trust, Inc. |