Adamas Trust Q3 2026 swings to net loss of $162.13 million year-over-year
Bitget2026/10/28 20:15- Adamas Trust swung to a third-quarter 2026 GAAP loss of $1.89 per common share from a year-earlier profit.
- Net interest income climbed 33% year-over-year to $48.8 million.
- Book value fell 22% quarter-over-quarter to $7.93 per share, while the quarterly common dividend rose 11% to $0.30.
- Since quarter-end, TBA short positions were reduced by 76%, reflecting management's view of receding Agency spread tail risks.
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