earnings
confidence high
sentiment negative
materiality 0.75
AGNC reports Q3 2023 comprehensive loss of $1.02 per share; book value down 14%
AGNC Investment Corp.
2023-Q3 EPS reported
-$0.58
- Net loss of $0.68 per common share plus OCI loss of $0.34; comprehensive loss $1.02 per share.
- Tangible net book value fell to $8.08 from $9.39 on June 30, 2023, a decline of -14.0%.
- Dividend of $0.36 per share declared; economic return on tangible equity was -10.1%.
- Investment portfolio $59.3B (Agency MBS, TBA, credit risk transfer); leverage 7.9x.
- Issued 44.7M shares via ATM at avg $9.67 per share, raising $432M.