ADAMAS TRUST (ADAM) Company Report

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Earnings summaries and quarterly performance for ADAMAS TRUST.

Research analysts covering ADAMAS TRUST.

Recent press releases and 8-K filings for ADAM.

Adamas Trust, Inc. Completes Issuance of 9.250% Senior Notes

ADAM

Debt Issuance

Adamas Trust, Inc. completed the issuance and sale of $90 million aggregate principal amount of its 9.250% Senior Notes due 2031 on January 13, 2026.
The Notes will bear interest at a rate of 9.250% per year, payable quarterly, with an expected maturity date of April 1, 2031.
The net proceeds from the offering are approximately $86.6 million, which the Company intends to use for general corporate purposes, potentially including acquiring targeted assets and/or repaying existing indebtedness.
The Company has applied to have these Senior Notes listed for trading on the NASDAQ.

Jan 13, 2026, 9:13 PM

Adamas Reports Strong Q3 2025 Earnings with Significant Portfolio Growth and Dividend Increase

ADAM

Earnings

Dividends

New Projects/Investments

Adamas reported Earnings per share (basic) of $0.36 and Earnings Available for Distribution (EAD) per share of $0.24 for Q3 2025, marking the sixth consecutive quarter of EAD growth.
The company's total investment portfolio increased by $1.8 billion (+20% QoQ) to $10.4 billion in Q3 2025, driven by $2.3 billion in new single-family residential investments.
Adamas declared a third quarter common stock dividend of $0.23 per share, representing a 15% increase QoQ, and acquired the remaining 50% ownership interest in Constructive Loans, LLC.
As of September 30, 2025, Adamas' stock price of $6.97 was discounted by 33% to its Adjusted Book Value of $10.38 per share.

Oct 30, 2025, 1:00 PM

Adamis Trust Reports Strong Q3 2025 Results with Earnings Growth and Strategic Acquisitions

ADAM

Earnings

Dividends

M&A

Adamis Trust reported EAD of $0.24 per share for Q3 2025, marking its sixth consecutive quarterly increase, and raised its dividend to $0.23 per share.
The company's investment portfolio expanded to $10.4 billion in Q3 2025, with agency RMBS now comprising 57% of total capital, nearly tripling its allocation from a year prior.
Adamis Trust completed the acquisition of the remaining 50% interest in Constructive, which generated $14.1 million in mortgage banking income but resulted in a $3.8 million net loss for the segment in Q3 2025 due to transitional integration costs.
Adjusted book value per share reached $10.38 at the end of Q3 2025, with an estimated increase of 2.5% to 3% as of October 28th.

Oct 30, 2025, 1:00 PM

Adamas Trust, Inc. Reports Strong Q3 2025 Results and Portfolio Growth

ADAM

Earnings

Dividends

New Projects/Investments

Adamas Trust, Inc. reported net income attributable to common stockholders of $32.7 million, or $0.36 per basic share, and Earnings Available for Distribution (EAD) of $0.24 per common share for the third quarter ended September 30, 2025.
The company declared a common stock dividend of $0.23 per share for Q3 2025, marking a 15% increase quarter-over-quarter.
The total investment portfolio grew by $1.8 billion to $10.4 billion in Q3 2025, primarily through the acquisition of $1.8 billion in Agency investments and $525.7 million in residential loans.
Adamas completed the acquisition of the remaining 50% ownership in Constructive Loans, LLC and issued $115.0 million in 9.875% Senior Notes due 2030.
As of September 30, 2025, the book value per common share was $9.20 and the adjusted book value per common share was $10.38, with the stock price trading at a 33% discount to its adjusted book value.