earnings
confidence high
sentiment neutral
materiality 0.60
AGNC prelim Q1: Tangible book $8.25/shr, comprehensive income $0.12, net spread income $0.44/shr
AGNC Investment Corp.
2025-Q1 EPS reported
$0.02
- Estimated tangible net book value of $8.25 per common share as of March 31, 2025; comprehensive income $0.12 per share for Q1.
- Net spread and dollar roll income of $0.44 per share; estimated economic return on tangible equity of 2.4%.
- Investment portfolio fair value ~$78.9B, including $7.5B TBA MBS and $0.9B credit risk/other; leverage 7.5x.
- Issued 49.7M common shares for net proceeds of $509M via at-the-market offerings during Q1.
- As of April 9, 2025, tangible book value estimated between $7.75-$7.85; leverage ~7.9x.