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Mar 31, 2023
ARMOUR Residential REIT Q1 2023 Earnings Report
ARMOUR Residential REIT announced Q1 2023 results and March 31, 2023 financial position.
Key Takeaways
ARMOUR Residential REIT reported a comprehensive loss related to common stockholders of $(22.8) million, or $(0.12) per common share, and distributable earnings available to common stockholders of $49.3 million, or $0.27 per common share.
Comprehensive loss related to common stockholders was $(22.8) million, or $(0.12) per common share.
Net interest income was $12.0 million with a net interest margin of 1.97%.
Distributable Earnings available to common stockholders totaled $49.3 million, representing $0.27 per common share.
Liquidity, including cash and unencumbered agency and U.S. government securities, reached $550.2 million.
Forward Guidance
ARMOUR’s Board of Directors will determine future common dividend rates based on an evaluation of the Company’s results, financial position, real estate investment trust (“REIT”) tax requirements, and overall market conditions as the quarter progresses.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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