Armour Residential Reit, Inc. · NYSE:ARR
Armour Residential Reit — Corporate Update (October 2021)
8 slides from Armour Residential Reit's corporate update, Oct 15, 2021
Slide 1: ARMOUR Residential REIT Company Update
ARMOUR RESIDENTIAL REIT, Inc. Company Update 10/15/2021 ARMOUR seeks to create shareholder value through thoughtful investment and risk management that produces current yield and superior risk adjusted returns over the long term. Our focus on residential real estate finance supports home ownership f
Slide 2: Forward-looking statements and disclaimers
2 • Certain statements made in this presentation regarding ARMOUR Residential REIT, Inc. (“ARMOUR” or the “Company”), and any other statements regarding ARMOUR’s future expectations, beliefs, goals or prospects constitute “forward-looking statements” made within the meaning of the safe harbor provis
Slide 3: ARMOUR Overview
3 Stockholders' Equity and Liquidity Dividend Policy Shareholder Alignment Transparency and Governance ARMOUR REIT Manager • Stockholders' Equity at the end of Q3 2021 totaled $1,144 million, including the 7.00% Series C Cumulative Redeemable Preferred Stock ("Series C Preferred") with liquidation p
Slide 4: Portfolio composition as of 09/30/2021
4 Information as of 09/30/2021. Portfolio value is based on independent third-party pricing. Information includes estimates of the effect of forward settling trades. Some totals may not foot due to rounding. Securities % of Portfolio Current Value (millions) Weighted Average Book Price Weighted Aver
Slide 5: ARMOUR Hedging and Financing Composition
5 (1) BUCKLER Securities LLC is a FINRA registered broker-dealer affiliated with ARMOUR REIT. (2) ARMOUR currently has $200mm of US Treasury repo on with BUCKLER. (3) ARMOUR is currently borrowing from 18 repo counterparties and ARMOUR has active MRAs with 34 counterparties. Information as of 09/30/
Slide 6: ARMOUR's Agency Portfolio Constant Prepayment Rates
6 Constant Prepayment Rate ("CPR") is the annualized equivalent of single monthly mortality ("SMM"). CPR attempts to predict the percentage of principal that will prepay over the next twelve months based on historical principal pay downs. CPR is reported on the 4th business day of the month for the
Slide 7: Net Interest Margin Analysis thru Q3 2021
7ARMOUR Net Interest Margin Pe rc en t Net Interest Margin Analysis thru Q3 2021 Asset Yield Cost of Funds including Hedges Net Interest Margin 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 0 1 2 3 4
Slide 8: ARMOUR Residential REIT, Inc. contact details
ARMOUR Residential REIT, Inc. 3001 Ocean Drive Suite 201 Vero Beach, FL 32963 armourreit.com 772-617-4340
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