EPS: As of FY2025 Q2, the actual value is USD -0.17.<h3>Financial Metrics Summary</h3><ul><li>Total Comprehensive Loss: AGNC Investment Corp. reported a total comprehensive loss of - $0.13 per share for the second quarter of 2025, which includes a net loss of - $0.17 per common share and $0.05 other comprehensive income per common share on investments marked-to-market through OCI.</li><li>Tangible Net Book Value: The tangible net book value was $7.81 per share as of June 30, 2025, excluding $526 million, or $0.50 per common share, of goodwill.</li><li>Investment Portfolio: The fair value of the investment portfolio was $82.3 billion as of June 30, 2025, including net forward purchases and sales of Agency mortgage-backed securities in the TBA market.</li><li>Leverage Ratio: The tangible net book value “at risk” leverage ratio was 7.6x as of June 30, 2025.</li><li>Economic Return: The economic return on tangible common equity was -1.0% for the second quarter, consisting of a $0.36 dividend per share and a - $0.44 decrease in tangible net book value per common share.</li><li>Cash and Unencumbered Agency MBS: Cash and unencumbered Agency MBS totaled $6.4 billion as of June 30, 2025.</li><li>Equity Issuance: AGNC issued 92.6 million shares of common equity through At-the-Market Offerings, generating net proceeds of $799 million.</li></ul><h3>Segment Revenue</h3><ul><li>AGNC Investment Corp. reported a comprehensive loss of - $0.13 per common share for the second quarter of 2025, which includes a net loss of - $0.17 per common share and $0.05 other comprehensive income per common share.</li></ul><h3>Operational Metrics</h3><ul><li>The tangible net book value per common share decreased by - $0.44, or -5.3%, from $8.25 as of March 31, 2025, to $7.81 as of June 30, 2025.</li><li>The economic return on tangible common equity was -1.0% for the quarter, consisting of $0.36 dividends per common share and a - $0.44 decrease in tangible net book value per common share.</li></ul><h3>Cash Flow</h3><ul><li>AGNC concluded the second quarter with a substantial liquidity position of $6.4 billion of unencumbered cash and Agency MBS, representing 65% of the Company’s tangible equity as of June 30, 2025.</li></ul><h3>Unique Metrics</h3><ul><li>The investment portfolio totaled $82.3 billion as of June 30, 2025, with $73.3 billion in Agency MBS and $8.3 billion in net forward purchases/sales of Agency MBS in the TBA market.</li><li>The weighted average coupon for fixed-rate Agency MBS and TBA securities was 5.13% as of June 30, 2025.</li></ul><h3>Outlook / Guidance</h3><ul><li>AGNC maintains a favorable outlook for levered and hedged Agency MBS investments, with mortgage spreads to benchmark rates remaining elevated and range-bound, providing a favorable return environment.</li><li>Supply dynamics are balanced with demand, and bank participation in the Agency MBS markets is expected to increase following anticipated regulatory changes.</li><li>The administration intends to preserve Agency MBS’ pristine credit profile and maintain or reduce current mortgage spreads to benchmark rates, providing a positive backdrop for AGNC’s investment activities.</li></ul>

AGNC INVESTMENT CORP 6.875% DEP SHS REP 1/1000TH PFD SR D | 8-K: FY2025 Q2 EPS: USD -0.17