Business
AGNC Investment Corp. Announces Fourth Quarter 2025 Financial Results
BETHESDA, Md., Jan. 26, 2026 /PRNewswire/ -- AGNC Investment Corp. ("AGNC" or the "Company") (Nasdaq: AGNC) today announced financial results for the quarter
About this update from Agnc Investment Corp.
[{"type":"text","content":"BETHESDA, Md., Jan. 26, 2026 /PRNewswire/ -- AGNC Investment Corp. (\"AGNC\" or the \"Company\") (Nasdaq: AGNC) today announced financial results for the quarter ended December 31, 2025. \nFOURTH QUARTER 2025 FINANCIAL HIGHLIGHTS $0.89 comprehensive income per common share, comprised of:$0.83 net income per common share$0.06 other comprehensive income (\"OCI\") per common share on investments marked-to-market through OCI$0.35 net spread and dollar roll income per common share1Excludes $(0.01) per common share of estimated \"catch-up\" premium amortization cost due to change in projected constant prepayment rate (\"CPR\") estimates$8.88 tangible net book value per common share as of December 31, 2025Increased $0.60 per common share, or 7.2%, from $8.28 per common share as of September 30, 2025$0.36 dividends declared per common share for the fourth quarter 11.6% economic return on tangible common equity for the quarterComprised of $0.36 dividends per common share and $0.60 increase in tangible net book value per common shareOTHER FOURTH QUARTER HIGHLIGHTS $94.8 billion investment portfolio as of December 31, 2025, comprised of:$81.1 billion Agency mortgage-backed securities (\"Agency MBS\")$13.0 billion net forward purchases/(sales) of Agency MBS in the \"to-be-announced\" market (\"TBA securities\") $0.7 billion credit risk transfer (\"CRT\") and non-Agency securities and other mortgage credit investments7.2x tangible net book value \"at risk\" leverage as of December 31, 20257.4x average tangible net book value \"at risk\" leverage for the quarterUnencumbered cash and Agency MBS totaled $7.6 billion as of December 31, 2025 Excludes unencumbered CRT and non-Agency securitiesRepresents 64% of the Company's tangible equity as of December 31, 20259.6% average projected portfolio life CPR as of December 31, 20259.7% actual portfolio CPR for the quarter 1.81% annualized net interest spread for the quarter2 Capital markets activityIssued 34.9 million shares of common equity through At-the-Market (\"ATM\") Offerings for net proceeds of $356 million2025 FULL YEAR HIGHLIGHTS$1.74 comprehensive income per common share, comprised of:$1.47 net income per common share$0.27 OCI per common share$1.50 net spread and dollar roll income per common share1Excludes $(0.01) per common share of estimated \"catch-up\" premium amortization cost$1.44 in ...