AGNC Investment

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, driven by favorable Agency RMBS spread tightening and robust derivative hedge performance. Total interest income of $1.01B exceeded the $472.8M consensus, while GAAP EPS of $0.52 beat the $0.46 expected mean. Tangible Net Book Value (BPS) ended the quarter at $8.58, slightly below the $9.00 consensus, reflecting capital dilution from at-the-market equity offerings despite a 6.7% economic return during the period.