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Mar 31, 2023

AGNC Q1 2023 Earnings Report

Announced financial results for the quarter ended March 31, 2023.

Key Takeaways

AGNC Investment Corp. reported a comprehensive loss per common share of $(0.07). The tangible net book value per common share decreased by $(0.43) to $9.41. The company declared dividends of $0.36 per common share for the first quarter.

Comprehensive loss per common share was $(0.07).

Net spread and dollar roll income per common share was $0.70, excluding estimated 'catch-up' premium amortization cost.

Tangible net book value per common share was $9.41 as of March 31, 2023, a decrease of $(0.43) from December 31, 2022.

Dividends declared per common share for the first quarter totaled $0.36.

Total Revenue
-$98M
Previous year: $448M
-121.9%
EPS
$0.7
Previous year: $0.72
-2.8%
Portfolio CPR
5.2%
Net Interest Spread
2.88%
Previous year: 2.19%
+31.5%
Cash and Equivalents
$975M
Previous year: $1B
-2.9%
Total Assets
$66.1B
Previous year: $66.4B
-0.4%

AGNC

AGNC