EDGAR·FLOW

ADAMAS TRUST, INC. — Form 8-K

Filed July 29, 2026 · analyzed by the 8-K Agent
8-K ▲ Likely positive significance 52/100
What the filing says
Adamas Trust reported Q2 2026 GAAP EPS of $0.48 and EAD per share of $0.30 (up 36.4% YoY). Book value per share rose 1.8% QoQ to $10.16; adjusted book value increased 2.3% QoQ to $11.05. The company acquired $1.5B in single-family investments ($798M Agency, $632M business purpose loans), issued $521M of securitizations at 5.48% cost, raised common dividend to $0.27 (+17.4%), and maintains $400M excess liquidity. Portfolio grew to $11.7B; company recourse leverage at 5.5x.
Why this rating

Solid earnings growth and book value appreciation deliver tangible shareholder returns, but within normal operating parameters for a mortgage REIT. Event is material but not transformational relative to company size.

View original filing on SEC.gov ↗ ADAMZ · stock on Yahoo Finance ↗

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