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.