Dynex Capital Earnings Reports

Dynex Capital delivered $30.61 million in net interest income and $1.09 EPS in Q3 2025, driven by asset appreciation and strategic capital deployment. Book value rose meaningfully as the company capitalized on favorable market conditions.

Dynex Capital posted a net loss of $16.3 million for Q2 2025, with a GAAP EPS of -$0.14. However, the company generated $25.3 million in earnings available for distribution (EAD), raised $282 million in equity capital, and significantly increased its Agency RMBS and TBA investments.

Dynex Capital delivered a strong revenue beat in Q1 2025, driven by higher interest income from its MBS portfolio, but missed earnings expectations due to derivative losses and elevated operating expenses.

Dynex Capital, Inc. reported a total economic return of $0.13 per common share, or 1.0% of beginning book value, for the fourth quarter of 2024. The company's book value per common share was $12.70 as of December 31, 2024. Net income was $0.61 per common share for the fourth quarter of 2024. The company strategically added capital in order to stay prepared to capitalize on favorable conditions.

Dynex Capital reported a strong third quarter with a total economic return of $0.89 per common share, driven by effective portfolio management and a favorable investing environment. The company increased its monthly dividend from $0.13 to $0.15 per common share.

Dynex Capital reported a total economic loss of $(0.31) per common share, with a book value of $12.50 per common share as of June 30, 2024. They declared dividends of $0.39 per common share and raised $124.7 million in equity capital. The company also purchased $551.1 million of higher coupon Agency RMBS and maintained liquidity of $644.0 million.

Dynex Capital reported a total economic return of $0.28 per common share, representing 2.1% of the beginning book value. The company's book value per common share was $13.20 as of March 31, 2024, and net income per common share was $0.65.

Dynex Capital reported a total economic return of $1.45 per common share, or 11.8% of beginning book value, for the fourth quarter of 2023. The book value per common share was $13.31 as of December 31, 2023. Comprehensive income was $1.44 per common share and net income was $0.39 per common share for the fourth quarter of 2023.

Dynex Capital reported a total economic loss of $(1.56) per common share for Q3 2023. The company purchased $865.3 million of higher coupon Agency residential mortgage-backed securities and the average balance of interest-earning assets increased 34% compared to the second quarter.

Dynex Capital reported a total economic return of $0.79 per common share, an increase in book value per common share to $14.20, and declared dividends of $0.39 per common share for the second quarter of 2023. The company purchased $2.2 billion of higher coupon Agency residential mortgage-backed securities during the quarter and maintained liquidity in excess of $561.5 million.

Dynex Capital reported a book value per common share of $13.80 as of March 31, 2023, and declared dividends of $0.39 per common share for the first quarter of 2023. The company experienced a total economic loss of $(0.54) per common share, or (3.7)% of beginning book value, and a comprehensive loss of $(0.54) per common share, with liquidity in excess of $554 million in cash and unencumbered assets. Leverage, including to-be-announced (TBA) securities at cost, was 7.8 times shareholders' equity.

Dynex Capital, Inc. reported a book value per common share of $14.73 as of December 31, 2022, and declared dividends of $0.39 per common share for the fourth quarter of 2022. The company's comprehensive income was $1.17 per common share, and net income was $0.85 per common share for the fourth quarter of 2022.

Dynex Capital reported a challenging third quarter in 2022, marked by economic loss and a decline in book value due to interest rate volatility and spread widening. Despite these challenges, the company's liquidity remains solid, and it is well-positioned to benefit when the markets stabilize. The company reported a net loss of $(1.07) per common share. Earnings available for distribution (EAD) to common shareholders was $0.24 per common share.

Dynex Capital, Inc. reported a comprehensive loss of $(0.85) per common share and net income of $0.70 per common share for the second quarter of 2022. The company's earnings available for distribution (EAD) to common shareholders was $0.40 per common share.

Dynex Capital, Inc. announced its first quarter 2022 results, reporting a comprehensive income of $0.65 per common share and net income of $3.14 per common share. The company achieved a total economic return of 3.5% and maintained its hedge position throughout the quarter.

Dynex Capital reported a comprehensive loss of $(0.04) per common share for the fourth quarter of 2021. Earnings available for distribution (EAD) to common shareholders was $0.45 per common share. The book value per common share was $17.99 as of December 31, 2021.

Dynex Capital reported a comprehensive income of $0.09 per common share and net income of $0.35 per common share for Q3 2021. The company's earnings available for distribution was $0.54 per common share. The company benefited from maintaining its hedge positioning for a steeper U.S. Treasury yield curve and a higher average balance of interest-earning assets.

Dynex Capital, Inc. reported a comprehensive loss of $(0.98) per common share and a net loss of $(1.43) per common share for the second quarter of 2021. Core net operating income, a non-GAAP measure, was $0.51 per common share. The company's book value per common share was $18.75 as of June 30, 2021.

Dynex Capital reported strong first-quarter results, driven by its investment strategy and team. The company generated a 7.2% total economic return for common shareholders and raised $128 million in common equity. The company also redeemed the remaining shares of Series B Preferred Stock.

Dynex Capital, Inc. announced a public offering of 2,750,000 shares of its common stock and intends to grant the underwriters a 30-day option to purchase up to an additional 412,500 shares of its common stock.

Dynex Capital reported a strong third quarter with an 11.7% total economic return driven by increased book value per common share. The company benefited from improved asset valuations and a favorable funding environment.

Dynex Capital, Inc. reported solid cash flows for shareholders in the second quarter of 2020, with a 6.5% total economic return. Core earnings declined due to a reduced leverage profile in early April, but the company was substantially re-invested by the end of the quarter and expects strong earnings expansion in the third quarter.

Dynex Capital reported a comprehensive loss of $(1.45) per common share but earned core net operating income of $0.51 per common share, exceeding dividends declared of $0.45 per common share. The company reduced its MBS portfolio by approximately 28% and repositioned its hedging portfolio.

Dynex Capital, Inc. reported a comprehensive income of $0.37 per common share for the fourth quarter of 2019, which included $2.26 net income per common share. Core net operating income, a non-GAAP measure, was $0.66 per common share. The company's leverage, including TBA long positions, was 9.0x shareholders’ equity at the end of the quarter.