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.
Comprehensive income of $0.09 per common share and net income of $0.35 per common share
Earnings available for distribution of $0.54 per common share
Book value per common share of $18.42 as of September 30, 2021
Leverage, including TBA dollar roll positions, of 5.9x shareholders' equity as of September 30, 2021
Dynex team expects an uneven transition of the global economy and central bank strategies beyond the immediate impacts of the pandemic, creating new risks and new opportunities.
Analyze how earnings announcements historically affect stock price performance