secwatch.observer — SEC 8-K summary
======================================

Issuer:     DYNEX CAPITAL INC (DX)
CIK:        0000826675
Form:       8-K
Filed at:   2026-04-20T23:59:59+00:00
Accession:  0000826675-26-000035
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynex Capital Q1 2026: economic return -$0.34/share, book value drops to $12.60
-------------------------------------------------------------------------------

- Total economic return of $(0.34) per common share, or (2.5)% of beginning book value.
- Comprehensive loss of $(0.42) per common share; net loss of $(0.41) per common share.
- Book value per common share fell to $12.60 from $13.45 at Dec 31, 2025 (down 6.3%).
- Raised $442M equity via ATM and deployed into $6.0B net investment purchases.
- Leverage including TBA securities at 8.6x equity; liquidity $1.3B (46% of total equity).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/826675/000082667526000035/0000826675-26-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/826675/000082667526000035/dx-20260420.htm
  HTML page:      https://secwatch.observer/filing/0000826675-26-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer