Introduction/Recap:
On 4/29/2020, AGNC Investment Corp. (AGNC) reported results for the first quarter of 2020. AGNC reported a net loss of ($2.42) billion, other comprehensive income ("OCI") of $464 million, a comprehensive (total) loss of ($1.96) billion, a non-tangible book value ("BV") as of 3/31/2020 of $14.55 per common share, and a tangible BV as of 3/31/2020 of $13.62 per common share. As of 12/31/2019, AGNC had a non-tangible and tangible BV of $18.63 and $17.66 per common share, respectively.
In my prior article titled AGNC Investment's Q1 2020 Income Statement And Earnings