earnings
confidence high
sentiment negative
materiality 0.80
AGNC reports Q2 comprehensive loss of $1.34/share; tangible book value falls 12.9%
AGNC Investment Corp.
2022-Q2 EPS reported
-$2.16
- Comprehensive loss of $(1.34) per common share: $(0.87) net loss plus $(0.47) OCI from mark-to-market.
- Tangible net book value per share fell to $11.43 from $13.12 as of March 31, 2022.
- Net spread and dollar roll income per share $0.83, excluding $0.13 catch-up premium amortization benefit.
- Declared $0.36 dividend per common share; economic return on tangible common equity was -10.1%.
- Portfolio $61.3B; 7.4x tangible net book value leverage; repurchased $51M common shares at avg price $10.78.