earnings
confidence high
sentiment positive
materiality 0.70
Dynex Capital Q1 2022: comprehensive income $0.65/sh, book value $18.24
DYNEX CAPITAL INC
2022-Q1 EPS reported
$3.11
- Net income $3.14 per common share; comprehensive income $0.65 per share.
- Total economic return of 3.5% ($0.64/sh) with dividends of $0.39 and BV increase of $0.25.
- Earnings available for distribution (EAD) of $0.44 per common share.
- Net interest spread 1.86%; adjusted net interest spread 2.08%.
- Leverage increased to 6.1x equity from 5.7x; added $475M in Agency RMBS and TBAs.