earnings
confidence high
sentiment neutral
materiality 0.55
AG Mortgage Investment Trust Q2 2023: Book value per share up to $11.89, EAD $0.08
TPG Mortgage Investment Trust, Inc.
2023-Q2 EPS reported
$0.55
- Book value per share $11.89 vs $11.85 at Mar 31; adjusted book value $11.52, +0.3%.
- Net income $0.17/diluted share; Earnings Available for Distribution (EAD) $0.08/diluted share.
- Declared $0.18/common dividend for Q2, payable Jul 31; preferred dividends declared for Q3.
- Investment portfolio $4.5B; 8.9x GAAP leverage, 1.6x economic leverage; liquidity $80.3M.
- Arc Home originated $374.1M in loans; after-tax net income $0.7M, MITT share $0.3M.