Introduction/Recap:
On 4/24/2019, AGNC Investment Corp. (AGNC) reported results for the first quarter of 2019. AGNC reported net income of $265 million, other comprehensive income (“OCI”) of $400 million, comprehensive (total) income of $665 million, a non-tangible book value (“BV”) as of 3/31/2019 of $18.21 per common share, and a tangible BV as of 3/31/2019 of $17.23 per common share.
In PART 3 of my AGNC Q1 2019 income statement and EPS projection article, I projected the company would report the following amounts in relation to the first quarter of 2019: 1)