Quarterly ResultMay 4, 2026, 09:17 AM
AGNC Investment Q1 Net Loss $148M; EPS $(0.17)
AI Summary
AGNC Investment Corp. reported a net loss of $148 million for the first quarter of 2026, a significant decline from a net income of $50 million in the prior year period. This resulted in a net loss per common share of $(0.17), compared to a net income per common share of $0.02 in Q1 2025. Despite a substantial increase in net interest income to $319 million from $159 million, the company experienced significant total other losses, net, of $433 million, primarily due to unrealized losses on investment securities and derivative instruments. Total assets grew to $118.9 billion, while total stockholders' equity decreased to $12.2 billion.
Key Highlights
- Net loss available to common stockholders was $(192) million, down from $15 million in Q1 2025.
- Net loss per common share (basic) was $(0.17), compared to $0.02 in Q1 2025.
- Net interest income increased to $319 million from $159 million year-over-year.
- Total other loss, net, was $(433) million, significantly higher than $(81) million in Q1 2025.
- Total assets increased to $118.9 billion as of March 31, 2026, from $115.1 billion at December 31, 2025.
- Total stockholders' equity decreased to $12.2 billion from $12.4 billion.
- Dividends declared per common share remained $0.36.
- Net cash provided by operating activities rose to $387 million from $192 million.
Price Impact
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