Highest-materiality recent filing
AGNC Q2 2026 comprehensive income $0.52/share; tangible book value $8.58, up 2.4%
Comprehensive income $0.52 per common share ($0.52 net income, $(0.01) OCI loss).
AGNC launches up to $2B at-the-market common stock issuance program
Program allows AGNC to sell up to $2 billion of common stock through 14 agents on a best-efforts basis.
AGNC posts Q1 comprehensive loss of $0.18 per share; tangible book value falls 5.6% to $8.38
Comprehensive loss of $(0.18) per common share: $(0.17) net loss plus $(0.01) OCI loss.
All ten director nominees elected with for votes ranging from 359.6M to 365.3M; no dissident proposals.
AGNC Q4 2025 comprehensive income $0.89/sh; tangible book value $8.88, up 7.2%
Q4 2025 comprehensive income $0.89 per common share ($0.83 net income + $0.06 OCI).
AGNC appoints Morris A. Davis to board; board size increased to ten
Board expanded from 9 to 10 members; Davis appointed effective Jan 12, 2026.
AGNC expands board to nine, appoints former Voya CEO Christine Hurtsellers
Board increased from 8 to 9 members; Christine L. Hurtsellers appointed effective Dec. 9, 2025.
AGNC Q3 2025 comprehensive income $0.78/share; tangible book value up 6% to $8.28
Comprehensive income of $0.78 per common share ($0.72 net income + $0.06 OCI) for Q3 2025.
AGNC issues $345M in 8.75% Series H Preferred Stock; depositary shares trade as AGNCZ
Issued 13,800 shares of Series H Preferred Stock at $25,000 liquidation preference per share, totaling $345M.
AGNC prices 13.8M depositary shares of new 8.75% Series H preferred stock
Priced 12,000,000 depositary shares, each representing 1/1,000th share of 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock.
AGNC Q2 comprehensive loss $(0.13)/share, tangible book value drops to $7.81
Comprehensive loss per common share $(0.13), consisting of net loss $(0.17) and OCI $0.05.
AGNC Investment implements $1.5B at-the-market common stock issuance program
AGNC entered sales agreements with 13 agents including Goldman Sachs, Barclays, and Morgan Stanley for ATM offering of up to $1.5B common stock.
AGNC Q1 2025 comprehensive income $0.12/share; tangible book value $8.25, down $0.16
Net income $0.02 per common share; other comprehensive income $0.10 per share; total comprehensive income $0.12.
AGNC stockholders approve increase in authorized common shares to 2.25B at annual meeting
Eight director nominees elected; each received >322M votes for, largest against 8.2M for Prue B. Larocca.
AGNC prelim Q1: Tangible book $8.25/shr, comprehensive income $0.12, net spread income $0.44/shr
Estimated tangible net book value of $8.25 per common share as of March 31, 2025; comprehensive income $0.12 per share for Q1.
AGNC director Davis resigns for White House role; Kuehl gets amended employment agreement
Director Morris A. Davis resigned to serve as Chief Housing Economist at White House Council of Economic Advisers, effective March 16, 2025.
AGNC Q4 2024 comprehensive loss of $(0.11)/share; book value down 4.6%
Q4 comprehensive loss per common share of $(0.11): $0.10 net income offset by $(0.20) OCI.
AGNC ups ATM equity offering capacity to $1.5B; $1.25B already sold under prior program
Amendment No. 2 increases aggregate offering price under ATM to $1.5 billion, up from prior limit.
AGNC reports Q3 2024 comprehensive income $0.63/share, tangible book value $8.82
Comprehensive income $0.63/share ($0.39 net income + $0.24 OCI).
AGNC posts Q2 comprehensive loss of $0.13 per share; tangible book value down 5%
Comprehensive loss of $(0.13)/share: net loss $(0.11) plus $(0.02) OCI.
AGNC amends Gary Kain's employment: $1.8M target bonus, $2.1M LTIA for 2025
12-month initial term from Jan 1, 2025; auto-renews annually unless 90-day notice given.
AGNC upsizes ATM common stock issuance program to $1.25 billion
ATM program aggregate offering price increased to $1.25 billion from prior remaining capacity.
AGNC annual meeting elects all 9 director nominees, approves executive compensation
All nine director nominees elected with >96% of votes cast in favor (excluding broker non-votes).
AGNC Q1 comprehensive income $0.48/share, tangible book value $8.84
Comprehensive income $0.48/share ($0.59 net income, $(0.11) OCI); economic return on tangible common equity 5.7%.
AGNC Q4 comprehensive income $1.00 per share; tangible book value up 7.7% to $8.70
Comprehensive income per common share of $1.00 ($0.57 net income + $0.43 OCI).
AGNC reports Q3 2023 comprehensive loss of $1.02 per share; book value down 14%
Net loss of $0.68 per common share plus OCI loss of $0.34; comprehensive loss $1.02 per share.
AGNC prelim Q3 2023: tangible BV $8.08, comprehensive loss $1.02/share
Tangible BV $8.08/share as of Sep 30; comprehensive loss $(1.02)/share.
AGNC launches $1.25B at-the-market common stock issuance program with multiple agents
Up to $1.25B of common stock may be sold from time to time under the ATM program.
AGNC reports Q2 2023 comprehensive income of $0.32/share; tangible book value slips to $9.39
Net income $0.43 per share; other comprehensive loss $(0.11) per share.
AGNC amends bylaws to update stockholder list and director nomination procedures
Section 2.5 revised: stockholder list available on electronic network or at offices by 10th day before meeting, consistent with Delaware law.
AGNC Q1 2023 comprehensive loss $0.07/sh; tangible book value down 4.4% to $9.41
Net loss per common share $(0.31); OCI $0.25; comprehensive loss $(0.07) per share.
AGNC shareholders reject three supermajority elimination proposals at 2023 annual meeting
All nine director nominees elected; say-on-pay approved on advisory basis with 231M for, 10M against.
AGNC Feb 9 update: tangible book value $10.80-$10.90 (up ~10% from Dec 31)
Tangible book value per common share est. $10.80-$10.90 as of Feb 9, net of $0.12 Jan dividend paid Feb 9; vs. $9.84 at Dec 31, 2022.
AGNC amends employment agreements for four top executives; sets 2023 target compensation
CEO Peter Federico: target annual bonus $4.5M, target LTIA $5M (67% performance-based).
AGNC reports Q4 2022 comprehensive income of $1.17/share; tangible book value up 8.4% to $9.84
Comprehensive income per common share: $1.17 ($0.93 net income + $0.24 OCI).
AGNC reports Q3 2022 comprehensive loss of $2.01/share; tangible book value drops 20.6%
Comprehensive loss per common share of $(2.01) (net loss $(1.31) + OCI $(0.70)).
October 2022 common dividend of $0.12 per share declared, payable Nov 9 to holders of record Oct 31.
AGNC designates 7.75% Series G Preferred Stock; issues 6,000 shares at $25,000/sh
Series G carries $25,000 liquidation preference, 7.75% dividend through Oct 15, 2027, then 5yr Treasury + 4.39%.
AGNC announces public offering of 6M depositary shares of 7.75% Series G Preferred Stock
Filed underwriting agreement to sell 6,000,000 depositary shares of 7.75% Series G Fixed-Rate Reset Cumulative Redeemable Preferred Stock.
AGNC reports Q2 comprehensive loss of $1.34/share; tangible book value falls 12.9%
Comprehensive loss of $(1.34) per common share: $(0.87) net loss plus $(0.47) OCI from mark-to-market.
AGNC Q1 2022 comprehensive loss $2.23/shr; tangible book value down 16.7%
Comprehensive loss of $(2.23) per common share, including $(1.29) net loss and $(0.94) OCI.
AGNC shareholders reject proposals to eliminate supermajority voting requirements at annual meeting
Nine director nominees elected with for votes ranging from 219.8M to 233.1M.
AGNC Q4 2021 comprehensive loss $(0.31)/share; tangible book value falls to $15.75
Comprehensive loss per common share of $(0.31), comprised of net loss $(0.10) and OCI $(0.21).
AGNC amends employment agreements for CFO Bell and GC Pollack, boosting bonus and LTIA targets
Bernice Bell's target annual bonus raised to 250% of base salary from 200%; LTIA target to 250% from 220%.
AGNC appoints Andrew A. Johnson, Jr. to Board of Directors, increasing board to nine members
Appointment effective October 21, 2021; term until 2022 annual meeting.
AGNC Q3 2021 comprehensive income $0.37/sh; tangible book $16.41; 2.3% economic return
Comprehensive income $0.37 per common share ($0.35 net income + $0.02 OCI); $0.36 dividend declared.
AGNC reports Q2 2021 comprehensive loss of $(0.97)/share; tangible book value down 7.5%
Comprehensive loss per common share of $(0.97), net loss $(0.83) per share.
AGNC appoints Peter Federico as CEO, Gary Kain as Executive Chair in planned transition
Peter Federico, previously President and COO, becomes President and CEO effective July 1, 2021.
On March 16, 2025, Morris A. Davis notified AGNC Investment Corp. (the "Company") of his immediate resignation and his decision not to stand for re-election to the Company's Board of Directors at the annual meeting of stockholders to be held on April 17, 2025 (the "Annual Meeting").
Kenneth Pollack, Executive Vice President, General Counsel, Chief Compliance Officer and Secretary
Bernice Bell, Executive Vice President and Chief Financial Officer
At a meeting held on October 21, 2021, the Board of Directors (the "Board") of AGNC Investment Corp. (the "Company") increased the size of the Board from eight to nine members and appointed Andrew A. Johnson, Jr. to the Board, effective immediately, to a term that continues until the Company's 2022 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.
Peter Federico, previously President and Chief Operating Officer, was appointed President and Chief Executive Officer of AGNC Investment Corp.
Gary Kain was appointed Executive Chair of the Board of Directors (the "Board") of the Company
Christopher Kuehl, previously Executive Vice President, Agency Portfolio Investments, was appointed Executive Vice President and Chief Investment Officer.
the Board set the number of directors who constitute the Board to eight and appointed Mr. Federico, 55, to the Board, effective immediately.
Prue Larocca, previously the Board’s Chair, was elected as Vice Chair of the Board and will continue as the Company’s Lead Independent Director.
Max materiality 0.85 · Median 0.65 · Most common event earnings