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New York Mortgage Trust (New York Mortgage Trust) Retained Earnings : $-1,253.8 Mil (As of Dec. 2023)


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What is New York Mortgage Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. New York Mortgage Trust's retained earnings for the quarter that ended in Dec. 2023 was $-1,253.8 Mil.

New York Mortgage Trust's quarterly retained earnings declined from Jun. 2023 ($-1,144.1 Mil) to Sep. 2023 ($-1,266.5 Mil) but then increased from Sep. 2023 ($-1,266.5 Mil) to Dec. 2023 ($-1,253.8 Mil).

New York Mortgage Trust's annual retained earnings declined from Dec. 2021 ($-559.3 Mil) to Dec. 2022 ($-1,052.8 Mil) and declined from Dec. 2022 ($-1,052.8 Mil) to Dec. 2023 ($-1,253.8 Mil).


New York Mortgage Trust Retained Earnings Historical Data

The historical data trend for New York Mortgage Trust's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New York Mortgage Trust Retained Earnings Chart

New York Mortgage Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -148.86 -551.27 -559.34 -1,052.77 -1,253.82

New York Mortgage Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,052.77 -1,079.05 -1,144.09 -1,266.49 -1,253.82

New York Mortgage Trust Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


New York Mortgage Trust  (NAS:NYMT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


New York Mortgage Trust (New York Mortgage Trust) Business Description

Traded in Other Exchanges
Address
90 Park Avenue, New York, NY, USA, 10016
New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.
Executives
Nicholas Mah officer: President 90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Gena Cheng director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Audrey Greenberg director 90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016
Steven G Norcutt director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Steven R Mumma officer: Chief Operating Officer and VP 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Nathan R Reese officer: Vice President and Secretary C/O NEW YORK MORTGAGE TRUST, INC., 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Kristine Rimando Nario officer: Chief Financial Officer 275 MADISON AVENUE, SUITE 3200, NEW YORK NY 10016
Jason T Serrano officer: President 275 MADISON AVENUE, NEW YORK NY 10016
Alan L Hainey director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Lisa A Pendergast director 275 MADISON AVENUE, NEW YORK NY 10016
Michael B. Clement director 275 MADISON AVENUE, NEW YORK NY 10016
Kevin M. Donlon officer: President 227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Douglas E Neal director 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Jmp Asset Management Llc 10 percent owner 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Fredric S. Starker officer: Chief Financial Officer 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017