- Dynex Capital press release ( NYSE: DX ): Q4 Non-GAAP EPS of $0.03 misses by $0.16 .
- Net interest income of $6.21M (-60.2% Y/Y) beats by $0.75M .
- Book value per common share of $14.73 as of December 31, 2022
- Total economic return of $0.89 per common share, or 6.2% of beginning book value, for the fourth quarter of 2022, and $(1.71) per common share, or (9.5)% of beginning book value, for the full year
- Comprehensive income of $1.17 per common share and net income of $0.85 per common share for the fourth quarter of 2022; comprehensive loss of $(1.24) per common share and net income of $3.19 per common share for the full year
- Realized gains on interest rate hedges included in GAAP net income were $204.8 million for the fourth quarter of 2022 and $690.7 million for the full year
- REIT taxable income included an estimated benefit of $11.8 million, or $0.24 per common share, from amortization of deferred tax hedge gains for the fourth quarter of 2022 and $22.5 million, or $0.53 per common share, for the full year
- Leverage including TBA dollar roll positions at 6.1 times shareholders' equity at December 31, 2022
- Raised equity capital of $92.4 million during the fourth quarter through at-the-market ("ATM") common stock issuances, bringing total capital raised for 2022 to $246.9 million, net of $3.1 million issuance costs
- Shares -0.53% PM.
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Dynex Capital Non-GAAP EPS of $0.03 misses by $0.16, Net interest income of $6.21M beats by $0.75M