EPS: As of FY2025 Q1, the actual value is USD 0.02.<h3>Segment Revenue</h3><ul><li>Agency RMBS: $70.5 billion at fair value as of March 31, 2025, compared to $65.5 billion as of December 31, 2024.</li><li>Net TBA Securities: $7.5 billion at fair value as of March 31, 2025, compared to $6.9 billion as of December 31, 2024.</li><li>CRT, Non-Agency RMBS, and CMBS: $0.9 billion at fair value as of March 31, 2025, unchanged from December 31, 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Net Interest Income: $159 million for the three months ended March 31, 2025, compared to a net interest expense of $30 million for the same period in 2024.</li><li>Net Income: $50 million for the three months ended March 31, 2025, compared to $443 million for the same period in 2024.</li><li>Comprehensive Income: $143 million for the three months ended March 31, 2025, compared to $366 million for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $192 million for the three months ended March 31, 2025, compared to $20 million for the same period in 2024.</li><li>Net Cash Used in Investing Activities: -$5,727 million for the three months ended March 31, 2025, compared to $582 million provided for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $5,482 million for the three months ended March 31, 2025, compared to -$500 million for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Average Investment Securities at Par: $69,704 million for the three months ended March 31, 2025, compared to $55,455 million for the same period in 2024.</li><li>Average Net TBA Dollar Roll Position at Cost: $7,428 million for the three months ended March 31, 2025, compared to $6,190 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: AGNC plans to maintain its tangible net book value “at risk” leverage within its target range, ending the quarter at 7.5x tangible equity. The company raised $509 million in common equity through its At-the-Market Offering Program, enhancing its liquidity position.</li><li>Non-Core Business: AGNC expects regulatory relief and potential favorable capital requirements to support increased bank demand for Agency RMBS, benefiting the Treasury and swap markets. New issuance of Agency RMBS is expected to remain relatively muted due to mortgage rates in the mid-to-upper 6% range.</li></ul>

AGNC Investment Pref Shares AGNC 9.67459 Perp 04/11/25 | 10-Q: FY2025 Q1 EPS: USD 0.02