Angel Oak Mortgage REIT, Inc. reported Q2 2026 GAAP net income of $3.4 million, or $0.14 per diluted share, and Distributable Earnings of $9.0 million, or $0.37 per share. Net interest income was $10.7 million, up from $9.9 million in Q2 2025, as interest income rose to $41.4 million. GAAP book value per share was $10.13 and economic book value was $12.24, decreases of 1.7% and 0.3% from Q1 2026. The company declared a $0.32 dividend per common share, payable August 28, 2026 to stockholders of record on August 21, 2026.
The company purchased $204 million of newly originated non-QM residential mortgage loans and HELOCs during the quarter, with a 7.34% weighted average coupon, 70.5% combined loan-to-value ratio, and 759 average credit score. Subsequent to quarter-end it completed AOMT 2026-3, a $279.6 million residential mortgage securitization, using proceeds to repay approximately $247.4 million of debt and releasing $22.3 million of cash, and participated in AOMT 2026-HB1 with $71.2 million of HELOCs. As of June 30, 2026, target assets totaled $2.9 billion, residential whole loans awaiting securitization were $438.8 million, and the recourse debt to equity ratio was 2.3x, decreasing to 1.0x after the July and August securitizations.
BlackRock, Inc. reports beneficial ownership of common stock of Angel Oak Mortgage REIT Inc. BlackRock and its reporting business units beneficially own 1,344,010 shares of common stock, representing 5.4% of the outstanding class.
BlackRock has sole voting power over 1,327,448 shares and sole dispositive power over 1,344,010 shares, with no shared voting or dispositive power. The shares are held for various underlying clients who have rights to dividends and sale proceeds, but no single client’s interest exceeds five percent of Angel Oak Mortgage REIT Inc’s outstanding common shares.
Angel Oak Mortgage REIT, Inc. has scheduled the release of its second quarter 2026 financial results before the market opens on August 4, 2026, followed by a conference call at 8:30 a.m. Eastern Time for investors and analysts.
The live call will be accessible via webcast in the Investors section of its website and through domestic and international dial-in numbers, with a recorded playback available through August 18, 2026 using pass code 1143169. Angel Oak Mortgage REIT focuses on first lien non-QM loans and other U.S. mortgage-related assets to generate attractive risk-adjusted returns.
Angel Oak Mortgage REIT, Inc. has a Schedule 13D/A Amendment No. 9 filed by Xylem Finance LLC, Davidson Kempner Capital Management LP, and Anthony A. Yoseloff reporting beneficial ownership of 1,158,320 shares of common stock, representing 5.01% of the outstanding class as of the July 14, 2026 event date.
The Reporting Persons have no sole voting or dispositive power but share voting and dispositive power over the reported shares. The 5.01% figure is calculated using 23,120,294 shares outstanding, derived by subtracting 1,794,353 shares repurchased under a 2026 Share Repurchase Agreement from 24,914,647 shares issued and outstanding as of May 5, 2026.
Davidson Kempner Capital Management LP filed a notice to sell 700,000 shares of AOMD common stock, $0.01 par value, through J.P. Morgan Securities LLC on the NYSE, with an aggregate market value of $6,314,000.00. AOMD had 23,120,294 common shares outstanding. Over the prior three months, Davidson Kempner sold 1,794,353 shares on May 19, 2026 for gross proceeds of $15,000,073.34.
Angel Oak Mortgage REIT, Inc. reported that CFO & Treasurer Brandon Filson received an award of 20,303 shares of common stock on the reported date. This is coded as a grant or other acquisition, reflecting equity compensation rather than an open-market purchase.
The granted shares are restricted stock that vest in four equal annual installments, starting one year after the grant date, contingent on his continued service. Following this award, Filson directly holds 90,791 shares of common stock, including multiple tranches of unvested restricted stock with staggered vesting schedules.
Angel Oak Mortgage REIT, Inc. has extended a loan financing facility with a lender referred to as “Multinational Bank 1.” The facility, which had been scheduled to mature on June 25, 2026, is now extended through September 25, 2026 under an arrangement that contemplates rolling three‑month renewals.
As part of this extension, the interest rate pricing spread on the facility was reduced to a range from 1.30% to 2.10%, compared with the prior range from 1.65% to 2.10%. This modestly lowers the company’s borrowing cost on this facility while keeping short‑term financing in place.
Angel Oak Mortgage REIT director W D Minami reported an open-market purchase of 10,000 shares of Common Stock at $8.15 per share. After this transaction, Minami directly owns 80,318 shares, increasing personal equity exposure to the company.
Xylem Finance LLC, an entity associated with Davidson Kempner, disposed of 1,794,353 shares of Angel Oak Mortgage REIT, Inc. common stock back to the issuer at an average price of $8.3596 per share. Following this disposition-to-issuer transaction, Xylem holds 1,858,320 shares indirectly. The reporting persons, including Davidson Kempner Capital Management LP and Anthony A. Yoseloff, expressly disclaim beneficial ownership beyond any pecuniary interest.
Angel Oak Mortgage REIT, Inc. entered into a stock repurchase agreement with Xylem Finance LLC for an aggregate purchase price of $15.0 million. On May 20, 2026, the company repurchased 1,794,353 common shares from Xylem at $8.3596 per share, reducing Xylem’s beneficial ownership to 1,858,320 shares, or 8.04% of the outstanding stock.
As part of the transaction, director Vikram Shankar resigned from the board effective at closing. Xylem’s shareholder rights agreement was terminated, ending its right to designate a board nominee. Xylem also permanently waived its demand and shelf registration rights and now retains only piggyback registration rights.