Quarterly ResultMay 1, 2026, 05:13 PM
Adamas Trust Q1 Net Income +21.8% to $36.9M; EPS $0.41
AI Summary
Adamas Trust reported a significant increase in net income attributable to common stockholders for the first quarter of 2026, rising 21.8% to $36.9 million, with basic earnings per share reaching $0.41. The company also saw a substantial 46.3% increase in net interest income, reaching $48.4 million. Total assets grew to $12.79 billion, and the company repurchased $5.0 million in common stock during the quarter.
Key Highlights
- Net income attributable to common stockholders rose 21.8% to $36.9 million.
- Basic earnings per common share increased 24.2% to $0.41.
- Net interest income surged 46.3% to $48.4 million.
- Total assets reached $12.79 billion as of March 31, 2026.
- Total equity increased to $1.45 billion as of March 31, 2026.
- Repurchased $5.0 million of common stock during Q1 2026.
- Declared $20.7 million in common stock dividends for the quarter.
Price Impact
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