Business
Angel Oak Mortgage REIT, Inc. Reports First Quarter 2026 Financial Results
ATLANTA, May 05, 2026--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the "Company," "we," and "our"), a leading real estate finance company focused on acquiring and investing in first and second lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter ended March 31, 2026.
About this update from Angel Oak Mortgage Reit, Inc.
[{"type":"text","content":"ATLANTA, May 05, 2026--(BUSINESS WIRE)--Angel Oak Mortgage REIT, Inc. (NYSE: AOMR) (the "Company," "we," and "our"), a leading real estate finance company focused on acquiring and investing in first and second lien non-QM loans and other mortgage-related assets in the U.S. mortgage market, today reported financial results for the quarter ended March 31, 2026.","length":391,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q1 2026 GAAP net loss of $(7.4) million, or $(0.30) per diluted share of common stock.","length":86,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Q1 2026 net interest income of $12.1 million demonstrates an increase of 20.1% versus Q1 2025 net interest income of $10.1 million and an increase of 11.2% versus Q4 2025 net interest income of $10.9 million.","length":208,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Q1 2026 GAAP book value of $10.31 per share and economic book value of $12.28 per share, decreases of 4.0% and 3.3%, respectively, compared to the end of 2025.","length":159,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Q1 2026 Distributable Earnings of $4.6 million, or $0.18 per diluted share of common stock.","length":91,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared a dividend of $0.32 per share of common stock, which will be paid on May 29, 2026, to common stockholders of record as of May 22, 2026.","length":144,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":688,"olType":false},{"type":"text","content":"Sreeni Prabhu, Chief Executive Officer and President of Angel Oak Mortgage REIT, Inc., said, "The first quarter showcased our earnings engine in a variable macro environment, marking approximately 20% net interest income growth compared to the first quarter of 2025 and over 11% net interest income growth compared to the fourth quarter of 2025. In early March, we executed a $272 million securitization, taking advantage of favorable market conditions prior to spread-widening associated with the onset of geopolitical conflict in the Middle East and underscoring the benefits of our methodical, repeatable approach." Prabhu continued, "Looking ahead, w...