MacroPulse Logo

AGNC Investment Corp. Reports Strong Q1 2025 Earnings and Portfolio Growth

Apr 22, 2025 (4 days ago)
Neutral
News Image
AGNC Investment Corp. delivered a solid first quarter with earnings exceeding expectations and strategic portfolio expansion.

Financial Performance

  • AGNC reported comprehensive income per common share of $0.12, with net spread and dollar roll income increasing to $0.44 per share1
  • The company's investment portfolio reached $78.9 billion, including $70.5 billion in Agency MBS and $7.5 billion in TBA securities1
  • Average asset yield on the portfolio was 4.78%, with a net interest spread of 2.12%2

Operational and Risk Management

  • AGNC's leverage profile rose to 7.5x tangible net book value, with $6.0 billion in unencumbered cash and Agency MBS3
  • The company employed interest rate swaps and other hedges to manage risk3

Earnings and Revenue

  • AGNC beat Q1 earnings estimates with $0.44 per share, surpassing the Zacks Consensus Estimate of $0.414
  • Revenue for the quarter was $159 million, missing the Zacks Consensus Estimate by 27.40%4

Industry and Market Context

  • The company's industry ranking is in the bottom 21% of Zacks industries, potentially impacting performance5
  • AGNC's earnings estimate revisions trend is favorable, earning a Zacks Rank #2 (Buy)5
MacroPulse Logo

Get the App

Use our app for a better experience

Install