<p>在最近的财报电话会议上，AG Mortgage Investment Trust 表现出总体积极的情绪，强调在提高账面价值、收益分配和投资组合增长方面取得了显著成就。公司庆祝来自 Arc Home 的强大贡献，尽管也承认在处理遗留的 WMC CRE 贷款和 Arc Home 收购带来的稀释影响方面面临挑战。</p>
<h2>账面价值增加</h2>
<p>尽管因收购 Arc Home 股份面临 1.8% 的稀释，公司报告其账面价值从 10.39 美元增加至 10.46 美元。这一增长得益于 0.21 美元的股息，展示了公司在收购相关挑战中增强股东价值的能力。</p>
<h2>收益增加</h2>
<p>AG Mortgage Investment Trust 的可分配收益（EAD）上升至每股 0.23 美元，较上季度的 0.18 美元有所增加。这一增长主要得益于其核心投资组合的强劲表现，表明了强大的运营效率和战略投资决策。</p>
<h2>投资组合增长</h2>
<p>投资组合经历了显著增长，扩展超过 20%。公司收购了 17 亿美元的住宅抵押贷款，并执行了四项证券化，反映出其在扩大资产基础和增强市场地位方面的战略重点。</p>
<h2>Arc Home 贡献</h2>
<p>Arc Home 对 EAD 的贡献显著，达每股 0.03 美元，且在家庭净值信贷额度（HELOC）方面创下了记录量，并实现了盈利增长。这突显了 Arc Home 的战略重要性及其在推动公司财务表现中的作用。</p>
<h2>遗留 WMC CRE 贷款</h2>
<p>公司已停止对遗留 WMC CRE 贷款的计提，因为它正在进行货币化过程。此决定可能会延迟资本重新配置，但在管理遗留资产挑战方面是必要的一步。</p>
<h2>Arc Home 收购的稀释</h2>
<p>收购额外 21.4% 的 Arc Home 导致了 1.8% 的稀释。尽管如此，此次收购被视为增加所有权并利用 Arc Home 增长潜力的战略举措。</p>
<h2>前瞻性指引</h2>
<p>展望未来，AG Mortgage Investment Trust 计划从认购权中重新部署 1500 万至 3000 万美元的股本，并预计 Arc Home 的盈利能力将进一步增长。公司预计可分配收益将在每季度 0.04 至 0.05 美元之间正常化，得益于再融资努力和战略资产货币化。</p>
<p>总之，AG Mortgage Investment Trust 的财报电话会议反映出积极的前景，在账面价值和收益增长方面取得了显著成就。尽管存在挑战，特别是在遗留资产方面，但公司的战略举措和 Arc Home 的贡献使其在未来的增长和盈利能力方面处于良好位置。</p>

MITT

<p>AG Mortgage Investment Trust 最近的财报电话会议强调了账面价值、收益分配和投资组合的增长，尽管面临来自遗留的 WMC 商业房地产贷款的挑战以及 Arc Home 收购带来的稀释。账面价值从 10.39 美元增加到 10.46 美元，每股可分配收益上升至 0.23 美元。投资组合增长超过 20%，得益于 17 亿美元的住宅抵押贷款收购。展望未来，公司计划重新部署 1500 万到 3000 万美元的股本，并预计每季度收益将在 0.04 到 0.05 美元之间正常化</p>

<p>During the recent earnings call, AG Mortgage Investment Trust demonstrated a generally positive sentiment, highlighting significant achievements in increasing book value, earnings distribution, and investment portfolio growth. The company celebrated the strong contributions from Arc Home, although it acknowledged challenges with legacy WMC CRE loans and the dilution impact from the Arc Home acquisition.</p>
<div class="lb-trans"><p>在最近的财报电话会议上，AG Mortgage Investment Trust 表现出总体积极的情绪，强调在提高账面价值、收益分配和投资组合增长方面取得了显著成就。公司庆祝来自 Arc Home 的强大贡献，尽管也承认在处理遗留的 WMC CRE 贷款和 Arc Home 收购带来的稀释影响方面面临挑战。</p>
</div><h2>Increased Book Value</h2>
<div class="lb-trans"><h2>账面价值增加</h2>
</div><p>The company reported an increase in its book value from $10.39 to $10.46, despite facing a 1.8% dilution from the acquisition of Arc Home shares. This growth was supported by a $0.21 dividend, showcasing the company’s ability to enhance shareholder value even amidst acquisition-related challenges.</p>
<div class="lb-trans"><p>尽管因收购 Arc Home 股份面临 1.8% 的稀释，公司报告其账面价值从 10.39 美元增加至 10.46 美元。这一增长得益于 0.21 美元的股息，展示了公司在收购相关挑战中增强股东价值的能力。</p>
</div><h2>Earnings Increase</h2>
<div class="lb-trans"><h2>收益增加</h2>
</div><p>AG Mortgage Investment Trust saw a rise in earnings available for distribution (EAD) to $0.23 per share, up from $0.18 in the previous quarter. This increase was primarily driven by the robust performance of its core investment portfolio, indicating strong operational efficiency and strategic investment decisions.</p>
<div class="lb-trans"><p>AG Mortgage Investment Trust 的可分配收益（EAD）上升至每股 0.23 美元，较上季度的 0.18 美元有所增加。这一增长主要得益于其核心投资组合的强劲表现，表明了强大的运营效率和战略投资决策。</p>
</div><h2>Investment Portfolio Growth</h2>
<div class="lb-trans"><h2>投资组合增长</h2>
</div><p>The investment portfolio experienced significant growth, expanding by over 20%. The company acquired $1.7 billion in residential mortgage loans and executed four securitizations, reflecting its strategic focus on expanding its asset base and enhancing its market position.</p>
<div class="lb-trans"><p>投资组合经历了显著增长，扩展超过 20%。公司收购了 17 亿美元的住宅抵押贷款，并执行了四项证券化，反映出其在扩大资产基础和增强市场地位方面的战略重点。</p>
</div><h2>Arc Home Contribution</h2>
<div class="lb-trans"><h2>Arc Home 贡献</h2>
</div><p>Arc Home made a notable contribution of $0.03 per share to the EAD, with record volumes in Home Equity Line of Credit (HELOC) and profitability growth. This highlights Arc Home’s strategic importance and its role in driving the company’s financial performance.</p>
<div class="lb-trans"><p>Arc Home 对 EAD 的贡献显著，达每股 0.03 美元，且在家庭净值信贷额度（HELOC）方面创下了记录量，并实现了盈利增长。这突显了 Arc Home 的战略重要性及其在推动公司财务表现中的作用。</p>
</div><h2>Legacy WMC CRE Loans</h2>
<div class="lb-trans"><h2>遗留 WMC CRE 贷款</h2>
</div><p>The company has turned off accruals for legacy WMC CRE loans as it navigates the monetization process. This decision may delay capital reallocation but is a necessary step in managing legacy asset challenges.</p>
<div class="lb-trans"><p>公司已停止对遗留 WMC CRE 贷款的计提，因为它正在进行货币化过程。此决定可能会延迟资本重新配置，但在管理遗留资产挑战方面是必要的一步。</p>
</div><h2>Dilution from Arc Home Acquisition</h2>
<div class="lb-trans"><h2>Arc Home 收购的稀释</h2>
</div><p>The acquisition of an additional 21.4% of Arc Home resulted in a 1.8% dilution. Despite this, the acquisition is seen as a strategic move to increase ownership and leverage Arc Home’s growth potential.</p>
<div class="lb-trans"><p>收购额外 21.4% 的 Arc Home 导致了 1.8% 的稀释。尽管如此，此次收购被视为增加所有权并利用 Arc Home 增长潜力的战略举措。</p>
</div><h2>Forward-Looking Guidance</h2>
<div class="lb-trans"><h2>前瞻性指引</h2>
</div><p>Looking ahead, AG Mortgage Investment Trust plans to redeploy $15 to $30 million of equity from call rights and anticipates further growth from Arc Home’s profitability. The company expects earnings available for distribution to normalize between $0.04 and $0.05 per quarter, supported by refinancing efforts and strategic asset monetization.</p>
<div class="lb-trans"><p>展望未来，AG Mortgage Investment Trust 计划从认购权中重新部署 1500 万至 3000 万美元的股本，并预计 Arc Home 的盈利能力将进一步增长。公司预计可分配收益将在每季度 0.04 至 0.05 美元之间正常化，得益于再融资努力和战略资产货币化。</p>
</div><p>In summary, AG Mortgage Investment Trust’s earnings call reflected a positive outlook with notable achievements in book value and earnings growth. While challenges exist, particularly with legacy assets, the company’s strategic initiatives and Arc Home’s contributions position it well for future growth and profitability.</p>
<div class="lb-trans"><p>总之，AG Mortgage Investment Trust 的财报电话会议反映出积极的前景，在账面价值和收益增长方面取得了显著成就。尽管存在挑战，特别是在遗留资产方面，但公司的战略举措和 Arc Home 的贡献使其在未来的增长和盈利能力方面处于良好位置。</p>
</div>

AG Mortgage Investment Trust 的财报电话会议突出了其增长和面临的挑战