---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-23-000081"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:39:05.466607+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital Q2 net income $0.97 per share; book value $14.20

## Summary
- Book value per share up $0.40 to $14.20; total economic return $0.79 per share (5.7% of beginning book value).
- Net income of $0.97 per common share; comprehensive income $0.79 per share.
- Purchased $2.2B of higher coupon Agency RMBS during Q2; leverage at 7.7x equity.
- Dividends declared $0.39 per common share for Q2 2023.
- Liquidity over $561.5M in cash and unencumbered assets as of June 30.

## SEC filing metadata
- accession: 0000826675-23-000081
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826675/000082667523000081/0000826675-23-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667523000081/dx-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-23-000081
- JSON: https://secwatch.observer/filing/0000826675-23-000081.json
- Plain text: https://secwatch.observer/filing/0000826675-23-000081.txt

## Key facts
- Earnings Releases
  DYNEX CAPITAL INC reported second quarter 2023 results: revenue $ 42,212, net income $ 52,414, EPS $ 0.97.
  - Period: second quarter 2023
  - Revenue: $ 42,212
  - Net income: $ 52,414
  - EPS: $ 0.97
  - Result: reported results
  source text: Statements of Income (Loss) (unaudited) Six Months Ended Three Months Ended ($s in thousands except per share data) June 30, 2023 March 31, 2023 June 30, 2023 Interest income $ 42,212 $ 30,846 $ 73,058 Interest expense (45,142) (31,308) (76,450) Net interest expense (2,930) (462) (3,392) Realized loss on sales of investments, net (51,601) (23,315) (74,916)
  evidence_url: https://www.sec.gov/Archives/edgar/data/826675/000082667523000081/0000826675-23-000081-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.