earnings
confidence high
sentiment neutral
materiality 0.70
Dynex Capital Q2 2022: net income $0.70/share, comprehensive loss $(0.85)/share, book value $16.79
DYNEX CAPITAL INC
2022-Q2 EPS reported
$3.72
- Comprehensive loss of $(0.85) per common share; net income of $0.70 per share.
- Total economic return negative $(1.06)/share; book value fell to $16.79 from $18.24.
- EAD (non-GAAP) per share $0.40, down $0.04 from prior quarter due to higher financing costs.
- Leverage increased to 6.6x shareholders' equity from 6.1x; portfolio shifted to higher coupon TBAs.
- Total shareholders' equity increased 7% to $842.4 million.