Angel Oak Mortgage REIT, Inc. (AOMR) Form 10-Q — Nov 3, 2026
Angel Oak Mortgage REIT reported a GAAP net loss of $16.7 million (-$0.72 per share) for Q3 2026, a sharp swing from net income of $11.4 million a year earlier, driven by net unrealized losses on loans in securitization trusts and non-recourse securitization obligations amid the Fed's September rate hike. Book value per share fell 16% to $8.97 from $10.74 at year-end 2025, though non-GAAP Distributable Earnings of $6.4 million (11.5% annualized return on average equity) improved markedly from $0.5 million in Q3 2025.
Key figures
- Total Assets
- 2898190000
- Cash Position
- 49130000
- Shares Outstanding
- 23395874
- Book value per share
- 8.97
- Atm available capacity
- 60.2 million of 75.0 million
- Total borrowing capacity
- 1.3 billion
- De roe annualized q3 2026
- 11.5%
- Securitization obligation
- 2118434000
- Total stockholders equity
- 209753000
- Prior book value per share
- 10.74
- Declared dividend per share
- 0.32
- Economic book value per share
- 11.45
- Distributable earnings q3 2025
- 529000
- Distributable earnings q3 2026
- 6405000
- Loans in securitization trusts
- 2273583000
- Q3 2025 net income allocable to common
- 11410000
AI analysis
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