---
title: "New York Mort Trust Pref Share NYMTZ 7 Perp 01/15/27 | 8-K: FY2025 Q1 EPS: USD 0.33"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238360878.md"
datetime: "2025-04-30T20:15:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238360878.md)
  - [en](https://longbridge.com/en/news/238360878.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238360878.md)
---

# New York Mort Trust Pref Share NYMTZ 7 Perp 01/15/27 | 8-K: FY2025 Q1 EPS: USD 0.33

EPS: As of FY2025 Q1, the actual value is USD 0.33.

EBIT: As of FY2025 Q1, the actual value is USD 37.71 K.

### Segment Revenue

-   **Total Investment Portfolio**: Increased by $878 million, representing a 12% change quarter-over-quarter (QoQ).
-   **Agency RMBS**: Acquired $1.45 billion at a 5.35% average coupon.
-   **Residential Loans**: Acquired $397 million, with 99% being Bridge/Rental loans.

### Operational Metrics

-   **Net Income Attributable to Common Stockholders**: $30.3 million, with an EPS of $0.33.
-   **Adjusted Book Value per Share**: $10.43, reflecting a 0.77% change QoQ.
-   **Earnings Available for Distribution (EAD) per Share**: Increased by 25% from the prior quarter to $0.20.
-   **Net Income**: $30,285 thousand for the three months ended March 31, 2025.
-   **Interest Income and Expense**: Interest income was $129,734 thousand, and interest expense was $96,636 thousand, resulting in net interest income of $33,098 thousand.
-   **Book Value**: Book value per common share at the end of the period was $9.37, and adjusted book value per common share was $10.43.
-   **Economic Return**: Economic return on book value was 3.13%, and economic return on adjusted book value was 2.71%.

### Cash Flow

-   **Available Cash**: $173 million, with excess liquidity capacity of $407 million.
-   **Cash, Cash Equivalents, and Restricted Cash**: Totaled $270,472 thousand.

### Unique Metrics

-   **Company Recourse Leverage Ratio**: 3.4x.
-   **Portfolio Recourse Leverage Ratio**: 3.2x, with Agency Portfolio at 8.4x and Credit and Other Portfolio at 0.5x.
-   **Purchased Agency RMBS**: Approximately $1.5 billion with an average coupon of 5.35% and $396.8 million in residential loans with an average gross coupon of 9.33%.

### Outlook / Guidance

-   The company 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.
-   NYMT aims to optimize capital and liquidity to capitalize on market dislocation and maintain low non-recourse credit leverage.
-   Additional income generation is expected from managing properties for external investors and increasing income from loan origination partnerships.
-   The company plans to remain active during a period of market dislocation, which offers a compelling opportunity to further grow earnings throughout the year.

### Related Stocks

- [NYMTZ.US](https://longbridge.com/en/quote/NYMTZ.US.md)
- [ADAMZ.US](https://longbridge.com/en/quote/ADAMZ.US.md)

## Related News & Research

- [Enbridge's Preference Shares, Series H Yield Pushes Past 6.5%](https://longbridge.com/en/news/278435851.md)