Highest-materiality recent filing
TPG Mortgage Investment Trust Q2 2026: EAD $0.24/sh, book value $10.00, dividend covered
EAD of $0.24 per share for Q2 2026, fully covering $0.24 dividend; book value $10.00 per share.
MITT acquires CHMI for $117.5M; CHMI holders get 0.3063 MITT shares + $0.93 cash
Consideration: 0.3063 MITT shares + $0.93 cash per CHMI share; implied $3.10/share, 29% premium to Aug 7 close, 32% to 30-day VWAP.
MITT Q1 2026: BV $9.97, net loss $0.27/shr, EAD $0.26, dividend up 4.3% to $0.24
Book value per share fell to $9.97 from $10.48; quarterly economic ROE of (2.6)%.
MITT FY 2025 book value $10.48, EAD $0.86/share; dividend up 13.3% YoY
BV per share $10.48 at Dec 31, 2025; annual economic ROE 6.5%.
Q4 2025 dividend of $0.23 per share, up 9.5% from $0.21 prior quarter; payable Jan 30, 2026 to holders of record Dec 31.
MITT Q3 2025: BV $10.46, Net income $0.47/sh, EAD $0.23/sh; acquires additional 21.4% of Arc Home
Book value per share $10.46, up from $10.39 at Q2 2025; quarterly economic ROE 2.7%.
MITT Q2 2025: EPS $(0.05), EAD $0.18; raises dividend 5%; acquires additional 21.4% of Arc Home
Book value per share $10.39, economic return (0.5)%, net loss $(0.05) per share.
AG Mortgage Trust Q1 book value $10.65, dividend raised 5.3% to $0.20, economic ROE 2.0%
Book value per share $10.65 flat QoQ; economic return on equity 2.0% for Q1 2025.
AG Mortgage reports Q4 2024 book value $10.64, annual economic return 11.7%
Book value per share $10.64 at Dec 31, 2024, up from $10.20 at end of 2023; annual economic return on equity 11.7%.
AG Mortgage declares Q1 preferred dividends: $0.51563 (A), $0.50 (B), $0.693062 (C)
Series A 8.25% preferred dividend of $0.51563 per share payable March 17, 2025 to holders of record Feb 28, 2025.
AG Mortgage Investment Trust increases Q4 Series C preferred dividend to $0.733117 per share
Dividend on 8.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock set at $0.733117 per share.
AG Mortgage Investment Trust enters $75M at-the-market equity offering with four agents
Company may sell up to $75M of common stock through BTIG, JonesTrading, KBW, Piper Sandler.
AG Mortgage Investment Trust Q3 2024: BV $10.58, EAD $0.17, economic ROE 3.9%
Book value per share $10.58 (+2% QoQ from $10.37); quarterly economic return on equity 3.9%.
AG Mortgage Investment Trust files new investor presentation (no material news)
Management intends to use the presentation with investors in coming weeks.
AG Mortgage Investment Trust reports Q2 EAD $0.21/share; BVPS down 1.9% to $10.63
Book value per share $10.63 at June 30, 2024 vs $10.84 at March 31, 2024; adjusted book value $10.37.
AG Mortgage Investment Trust closes $65M offering of 9.500% Senior Notes due 2029
Closed $65M public offering of 9.500% Senior Notes due May 15, 2029; net proceeds ~$62.4M.
AG Mortgage Investment Trust prices $65M of 9.5% Senior Notes due 2029
Priced $65M aggregate principal amount of 9.500% Senior Notes due 2029; offering closes May 15, 2024.
MITT Q1 2024 book value up 3.7% to $10.84; economic return 5.5%
Book value per share $10.84 (up 3.7% from $10.46); adjusted book value $10.58; quarterly economic return 5.5%.
MITT files pro forma for WMC acquisition; pro forma EPS $0.16, bargain gain $30.2M
Pro forma net income available to common $4.9M for 2023; basic EPS $0.16 on 29.6M shares.
Audit Committee dismissed PwC and appointed Deloitte as independent auditor for FY2024 effective March 15, 2024.
MITT posts FY2023 book value decline of 7.5%, negative economic return; completes WMC acquisition
Q4 2023 net income $1.35/diluted share; EAD $0.17; adjusted book value down 7.2% from Q3.
AG Mortgage Investment Trust issues $34.5M of 9.500% Senior Notes due 2029
$34.5M aggregate principal at 9.500% interest, payable quarterly, maturing Feb 15, 2029.
Filing under Item 7.01 furnishes an investor presentation dated December 2023.
Each WMC share converted into 1.498 MITT shares plus $0.92 cash from MITT Manager; ~9.2M MITT shares issued.
MITT completes acquisition of WMC; exchange ratio 1.498 shares + $0.92 cash per WMC share
MITT issued ~9.2M shares to former WMC holders, who will own ~31% of combined company.
MITT declares $0.05 second interim Q4 dividend due to WMC merger adjournment
MITT declares $0.05 per share second interim Q4 common dividend, payable Jan 2, 2024 to holders of record Nov 30, 2023.
AG Mortgage Q3 net loss $0.33/sh, EAD $0.10; book value falls to $11.37; WMC merger on track
Q3 net loss $(0.33) per diluted share; Earnings Available for Distribution $0.10 per share.
ISS recommends MITT stockholders vote FOR merger with WMC; deal expected to close Nov 9
ISS recommends MITT stockholders vote FOR proposed acquisition of WMC; vote on Nov 7.
MITT issues supplemental merger disclosures after WMC shareholder lawsuits
Two lawsuits filed by WMC stockholders in October 2023 allege disclosure deficiencies in merger proxy.
MITT declares $0.08 interim Q4 common dividend ahead of Nov 9 merger close with WMC
Interim dividend of $0.08 per share payable Nov 8 to holders of record Nov 3.
AG Mortgage & Western Asset Mortgage set final merger exchange ratio at 1.498; close expected Nov 9
Final exchange ratio: 1.498 MITT shares per WMC share, plus up to $7M cash from MITT Manager (lesser of $7M or ~9.9% of aggregate consideration).
MITT to acquire WMC in stock/cash deal valued at $11.23 per share, 34% premium
WMC stockholders receive 1.5 MITT shares + $1.12 cash per share; total value $11.23 based on MITT's Aug. 7 close.
MITT to acquire WMC in stock-plus-cash merger: each WMC share = 1.50 MITT shares plus cash
Each WMC share converts into 1.50 MITT shares plus per-share cash portion of up to $7M from MITT Manager, capped at 9.9% of aggregate consideration.
AG Mortgage Investment Trust Q2 2023: Book value per share up to $11.89, EAD $0.08
Book value per share $11.89 vs $11.85 at Mar 31; adjusted book value $11.52, +0.3%.
MITT's unsolicited bid for WMC deemed superior; WMC gives TPT deadline to revise
WMC Board determined MITT's proposal is a 'Parent Superior Proposal' under WMC's merger agreement with TPT.
MITT offers $9.88/sh for WMC, 18.2% premium, in stock/cash bid
Implied price $9.88/share ($8.90 stock + $0.98 cash); 18.2% premium to WMC's July 12 close.
TPG to acquire Angelo Gordon, parent of MITT's manager; deal expected Q4 2023
TPG agreed to acquire Angelo Gordon, the parent of MITT's external manager; transaction close targeted for Q4 2023.
AG Mortgage Investment Trust reports Q1 book value per share $11.85, up 4% from Q4 2022
Book value per share $11.85 vs $11.39; adjusted book value $11.48, up 4.1% from Dec 31, 2022.
AG Mortgage Investment Trust reports FY2022 net loss of $3.12/share; book value down 23% to $11.39
Book value per share fell 23% to $11.39 from $14.64; adjusted book value $11.03.
MITT Q3 net loss $0.33/diluted share; adjusted book value down 4.2% to $10.68
Net loss of $(0.33) per diluted common share; Core Earnings per share $(0.03).
AG Mortgage preliminary Q3 book value $10.97-$11.07, down ~4.4% from Q2
Estimated book value per share $10.97-$11.07 as of Sept 30, vs $11.48 at June 30.
AG Mortgage Investment Trust appoints T.J. Durkin as CEO, David Roberts retiring
T.J. Durkin named CEO effective Oct 1, 2022; retains President and Board roles.
AG Mortgage Q2 book value drops 16.6% to $11.48; net loss $2.27/share
Book value per share $11.48 (down from $13.68); adjusted book value $11.15 (down 16.6% from March).
Book value per share $13.68 (down from $14.64); net loss per diluted share $(0.74); core earnings loss $(0.02).
AG Mortgage Q4 core loss $0.05/sh; full year net income $5.29/sh, book value up 21%
Full year 2021 net income $5.29/diluted share; core earnings $1.11/sh; book value $14.64, +21% from $12.40.
AG Mortgage raises $69.6M in common stock offering, amends management agreement to add incentive fee
Issued 7M common shares at $9.9425 per share (underwriter price); net proceeds ~$69.6M after expenses.
AG Mortgage Investment Trust Q3 2021 book value up 12% to $16.92; net income $1.87 per share
Book value per share of $16.92 (adjusted $16.45) vs $15.18 at June 30; quarterly economic return of 13.2%.
MITT Q2 2021: book value $15.19; core EPS $0.00; Non-QM loans rise to 37%
Net income $0.70 per diluted share vs $2.74 in Q1; Core earnings $0.00 per share vs $0.25.
AG Mortgage Investment Trust completes 1-for-3 reverse stock split; par value cut to $0.01
1-for-3 reverse stock split effective after close July 22, 2021; common shares began split-adjusted trading July 23 on NYSE.
the MITT board of directors increased the total number of directors from six to eight and appointed each of M. Christian Mitchell and Lisa G. Quateman to serve as directors on the MITT board of directors
the MITT board of directors increased the total number of directors from six to eight and appointed each of M. Christian Mitchell and Lisa G. Quateman to serve as directors on the MITT board of directors
appointed Nicholas Smith to the Board effective October 1, 2022 to fill the vacancy to be created by Mr. Roberts’ resignation.
appointed Debra Hess, the Board’s current Lead Independent Director, as Non-Executive Chair of the Board, effective October 1, 2022.
appointed T.J. Durkin as Chief Executive Officer (“CEO”) of the Company, effective October 1, 2022.
David N. Roberts, the Company’s current Chairman and CEO and a member of the Board, provided notice of his intent to resign as the Company’s Chairman, CEO and as a member of the Board in connection with his retirement as a partner of Angelo Gordon, to be effective September 30, 2022.
Max materiality 0.85 · Median 0.75 · Most common event earnings