ARMOUR Residential REIT reports Q1 comprehensive loss of $22.8M; cuts common dividend to $0.08

Armour Residential REIT, Inc.

2023-Q1 EPS reported -$0.19

Comprehensive loss of $22.8M ($0.12/share); distributable earnings of $49.3M ($0.27/share).
Book value per share fell to $5.44 from $5.78 at Dec 31, 2022; estimated at $5.30 as of Apr 24.
Common dividend cut to $0.08/month from $0.10; future dividends declared at $0.08 for Apr/May.
Raised $181.2M via ATM at $6.07 net; repurchased 842,927 shares at $5.11 avg.
Increased BUCKLER subordinated loan commitment to $200M (from $105M) through March 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Armour Residential REIT, Inc. reported Q1 2023 results: revenue $12.0 million, net income $(22.8) million, EPS $(0.12) per common share.

Period: Q1 2023
Revenue: $12.0 million
Net income: $(22.8) million
EPS: $(0.12) per common share
Result: reported results

Exact text from the filing

2023 financial position. ARMOUR's Q1 2023 Results ◦ Comprehensive loss related to common stockholders of $(22.8) million or $(0.12) per common share. ◦ Net interest income of $12.0 million and net interest margin of 1.97%. ◦ Distributable Earnings available to common stockholders of $49.3 million, which represents $0.27 per common share (see explanation of this

View on SEC.gov

Browse all earnings releases →

Armour Residential REIT, Inc. filing history →

Source: SEC EDGAR

accession 0001428205-23-000093

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.