Adamas Trust Q2 FY26 GAAP EPS rises to $0.48; EAD per share climbs 36.4% year-over-year to $0.30 - ADAM News | RalliesAdamas Trust Q2 FY26 GAAP EPS rises to $0.48; EAD per share climbs 36.4% year-over-year to $0.30
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ADAM• Net interest income and dividend
- Total net interest income climbed 3.7% quarter-over-quarter to $50.2 million; adjusted net interest income rose 4.4% to $50.3 million.
- Declared a common dividend of $0.27 per share, a 17.4% increase, alongside a quarterly economic return of 4.51%.
Quarterly earnings and book value
- Adamas Trust posted GAAP basic EPS of $0.48 for Q2 2026, with book value per share rising 1.8% quarter-over-quarter to $10.16.
- Non-GAAP earnings available for distribution were $0.30 per share, up 36.4% year-over-year and 3.4% quarter-over-quarter.
Portfolio growth and management comments
- Acquired $1.5 billion of single-family residential investments; CEO Jason Serrano cited a larger, more diversified platform and financial flexibility.
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