Introduction/Recap:
On 7/24/2019, AGNC Investment Corp. (AGNC) reported results for the second quarter of 2019. AGNC reported a net loss of ($444) million, other comprehensive income (“OCI”) of $379 million, a comprehensive (total) loss of ($65) million, a non-tangible book value (“BV”) as of 6/30/2019 of $17.54 per common share, and a tangible BV as of 6/30/2019 of $16.58 per common share. As of 3/31/2019, AGNC had a non-tangible and tangible BV of $18.21 and $17.23 per common share, respectively.
In PART 3 of my AGNC Q2 2019 income statement and EPS projection