- Dynex Capital press release ( NYSE: DX ): Q2 Non-GAAP EPS of $0.40 misses by $0.02 .
- Net Interest Income of $14.07M (-42.1% Y/Y).
- Comprehensive loss of $(0.85) per common share and net income of $0.70 per common share
- Negative total economic return ("TER") of $(1.06) per common share, or (5.8)% of beginning book value, comprised of dividends declared of $0.39 and a decline in book value per common share of $(1.45) to $16.79 as of June 30, 2022
- Net interest spread of 1.50% and adjusted net interest spread, a non-GAAP measure, of 1.84%
- Leverage, inclusive of TBA dollar roll positions, increased to 6.6x shareholders' equity as of June 30, 2022, from 6.1x as of March 31, 2022
For further details see:
Dynex Capital Non-GAAP EPS of $0.40 misses by $0.02, net interest income of $14.07M