StockWatch
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Real Estate Investment Trusts
Quarterly ResultJul 27, 2026, 04:17 PM

Dynex Capital Q2 Net Income $178.1M; EPS $0.80

AI Summary

Dynex Capital reported strong financial results for the second quarter of 2026, with net income to common shareholders reaching $178.1 million, a significant improvement from a loss in the prior year. Diluted earnings per share stood at $0.80. The company also saw substantial growth in its total assets and shareholders' equity compared to the end of 2025, driven by increased mortgage-backed securities and corresponding repurchase agreements.

Key Highlights

  • Net income to common shareholders for Q2 2026 was $178.1 million, up from a loss of $16.3 million in Q2 2025.
  • Diluted EPS for Q2 2026 was $0.80, compared to $(0.14) in Q2 2025.
  • Net interest income for Q2 2026 increased to $93.8 million from $23.1 million in Q2 2025.
  • Total assets grew to $26.42 billion as of June 30, 2026, from $17.34 billion at December 31, 2025.
  • Total shareholders' equity increased to $3.18 billion as of June 30, 2026, from $2.46 billion at December 31, 2025.
  • Mortgage-backed securities increased to $25.07 billion as of June 30, 2026, from $16.31 billion at December 31, 2025.
  • Repurchase agreements increased to $22.64 billion as of June 30, 2026, from $13.90 billion at December 31, 2025.