NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (NASDAQ:NYMT) (the "Company") announced today that its Board of Directors (the "Board") declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 2024. Quarterly Preferred Stock Dividends The Board declared cash dividends for the dividend period t ...

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the "Company") announced today that its Board of Directors (the "Board") declared a regular quarterly cash dividend of $0.20 per share on shares of its common stock for the quarter ending June 30, 2024. The dividend will be payable on July 29, 2024 to common stockholders of record as of the close of business on June 28, 2024. | --- | --- | --- | --- | --- | |--------------------------|---------------|---------------|-- ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission file number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Table of Contents UNITED STATES SECURITIES AND ...

New York Mortgage Trust, Inc. 2024 First Quarter Financial Summary Forward Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. These beliefs, assumptions and expectations are subject to risks and uncertainties and ...

Represents a non-GAAP financial measure. A reconciliation of the Company's non-GAAP financial measures to their most directly comparable GAAP measure is included below in "Reconciliation of Financial Information." (1) Calculated as the quotient of our adjusted interest income and our average interest earning assets and excludes all Consolidated SLST assets other than those securities owned by the Company. (2) Our calculation of net interest spread may not be comparable to similarly-titled measures of other ...

FORM 10-K ___________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission File Number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact name of registrant as specified in its char ...

Financial Data and Key Metrics Changes - The company generated earnings per share of $0.35 or $0.37 on an undepreciated basis, with adjusted book value per share ending at $12.66, down 2.09% from the previous quarter [5][21] - Quarterly adjusted economic return was negative 54 basis points after a $0.20 dividend [5] - Adjusted interest income increased by 22% quarter-over-quarter to $72.5 million, driven by a net increase in the investment portfolio [38][42] Business Line Data and Key Metrics Changes - The company experienced solid momentum in portfolio acquisitions, increasing the investment portfolio by approximately $0.4 billion in Q4 and $1.3 billion for the year, ending at $5.1 billion [17] - The agency RMBS portfolio grew by approximately 30% on a market value basis, with the average coupon of specified pools rising from 5.73% to 5.85% [28] - The BPL bridge portfolio continued to grow, with a focus on higher coupon, higher return assets, while maintaining a low delinquency rate of 20% [55] Market Data and Key Metrics Changes - The U.S. budget deficit is expected to total $1.6 trillion in 2024, with interest expenses projected to exceed $1 trillion [11] - The Fed's restrictive policy has moderated inflation, leading to tightening spreads across asset classes [23] - The company noted a spillover effect constraining residential loan markets, with a need for fresh liquidity to recapitalize $2.8 trillion of debt maturing over the next four years [36] Company Strategy and Development Direction - The company aims to enhance liquidity and capitalize on opportunities in the multifamily bridge loan sector while navigating through commercial real estate dislocation [12][15] - A shift in strategy was noted, focusing on growing the balance sheet to achieve more consistent earnings while maintaining liquidity for future opportunities [24] - The company plans to continue investing in agency RMBS and BPL bridge loans, with a patient approach to portfolio growth [15][29] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about the potential for a slowing U.S. economy and increased market credit concerns, emphasizing a cautious approach to capital allocation [9][13] - The company believes that the current market environment presents significant opportunities for growth, particularly in the agency RMBS and BPL bridge sectors [34][64] - Management highlighted the importance of tactical asset management and prudent liability management in the current structural landscape change [64] Other Important Information - The company paid a $0.20 per common share dividend, down from $0.30 in the prior quarter, while evaluating its dividend policy based on projected net interest income and capital gains [47] - The recourse leverage ratio increased to 1.6 times, with expectations for higher leverage as the company expands its holdings of high liquid agency RMBS [46] Q&A Session Summary Question: How does the company view the trade-off in allocating new capital to agency versus BPL bridge? - Management indicated that while BPL bridge offers higher returns, agency investments are more liquid, allowing for quicker capital deployment [74][75] Question: What is the current return on equity for the multifamily JV equity? - Management stated that the remaining JV equity is not materially significant to earnings growth, with returns expected to come primarily from property valuation increases [79] Question: How does the company envision participating in the upcoming CRE debt maturities? - Management sees opportunities in preferred equity lending and mezzanine lending, particularly for dislocated assets from earlier vintages [99] Question: What is the expected economic return from the current portfolio going into 2024? - Management anticipates mid-teens returns from the portfolio, focusing on capital deployment and stabilization of interest earnings [86][97]

$12.93 $12.66 3Q 2023 4Q 2023 9.38% Dividend Yield Q4'23 Economic Return on Adjusted Book Value*: (0.54)% Financial Snapshot 3.60 %3.34 % 2.80 % *Represents a non-GAAP financial measure. See Non-GAAP Financial Measures in the Appendix. Market Update | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------|------------------------------------------|-------|-------------------------------------|-----------------------------------------------------|-------|-------|------ ...

New York Mortgage Trust Reports Fourth Quarter and Full Year 2023 Results NEW YORK, February 21, 2024 (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, 2023. Summary of Fourth Quarter and Full Year 2023: (dollar amounts in thousands, except per share data) | | | For the Three | | For the Twelve | | --- | --- | --- | --- | --- | | | | Months Ended December 31, 2023 | | Months E ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ____________ Commission file number 001-32216 NEW YORK MORTGAGE TRUST, INC. (Exact Name of Registrant as Specified in Its Charter) (State ...