<span item_type="fundamental" item_id="a914a5bd1b8c87fa433e0f81c3013b55" counter_id="ST/US/NYMTG" env="prod"></span><span item_type="announcement" item_id="511030870495004929" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.33.</p><p></p><h3>Net Income</h3><ul><li>Net income attributable to Company’s common stockholders was $30,285 thousand for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Earnings Available for Distribution</h3><ul><li>Earnings available for distribution attributable to Company’s common stockholders was $18,194 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Interest Income and Expense</h3><ul><li>Interest income was $129,734 thousand, and interest expense was $96,636 thousand, resulting in net interest income of $33,098 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Yield on average interest earning assets was 6.47%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li><li>Net interest spread was 1.32%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li><li>Net income was $30.3 million attributable to common stockholders, with an EPS of $0.33.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>Adjusted Book Value per Share was $10.43, representing a 0.77% change QoQ.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>Earnings Available for Distribution (EAD) per Share was $0.20, marking a 25% increase from the prior quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>Quarterly Economic Return was 3.13%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li></ul><h3>Book Value</h3><ul><li>Book value per common share at the end of the period was $9.37, and adjusted book value per common share was $10.43.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Dividends</h3><ul><li>Dividends per common share were $0.20.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Investing Activities</h3><ul><li>Purchased approximately $1.5 billion of Agency RMBS with an average coupon of 5.35%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li><li>Purchased approximately $396.8 million in residential loans with an average gross coupon of 9.33%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Financing Activities</h3><ul><li>Issued $82.5 million in aggregate principal amount of 9.125% Senior Notes due 2030, with net proceeds of approximately $79.3 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li><li>Completed two securitizations of residential loans, resulting in approximately $326.3 million in net proceeds.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Cash, cash equivalents, and restricted cash totaled $270,472 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li><li>Available Cash was $173 million.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>Excess Liquidity Capacity was $407 million, including additional financing of $234 million available for unencumbered/under-levered assets.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Portfolio Recourse Leverage Ratio was 3.2x, with Agency Portfolio Recourse Leverage Ratio at 8.4x.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>Total Investment Portfolio increased by $878 million, a 12% change QoQ.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company plans to remain active during a period of market dislocation, which offers a compelling opportunity to further grow earnings throughout the year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/exhibit991q12025.htm"></span></li><li>NYMT plans to continue growing Earnings Available for Distribution by expanding recurring income through balance sheet growth and rotating real property exposure into interest-earning investments over time.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>The company aims to optimize capital and liquidity to capitalize on market dislocation and maintain low non-recourse/mark-to-market credit leverage.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li><li>NYMT intends to generate additional income from its operating platform by earning fees from managing properties for external investors and pursuing third-party investment management fee opportunities.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1273685/000127368525000044/firstquarter2025suppleme.htm"></span></li></ul>

NYMTG

NEW YORK MORTGAGE TRUST INC 9.125% NTS 01/04/2030 USD25 | 8-K: FY2025 Q1 EPS: USD 0.33