BXMT - Analyzing AGNC Investment's Results For Q3 2018 (Including November 2018-February 2019 Dividend Projection)
Introduction/Recap:
On 10/24/2018, AGNC Investment Corp. (AGNC) reported results for the third quarter of 2018. AGNC reported net income of $216 million, another comprehensive loss (“OCL”) of ($193) million, comprehensive (total) income of $23 million, and a non-tangible book value (“BV”) as of 9/30/2018 of $19.10 per common share. AGNC also reported a tangible BV as of 9/30/2018 of $18.00 per common share.
In my prior AGNC Q3 2018 income statement and EPS projection article, I projected the company would report the following amounts in relation to the third quarter of 2018: