AG Mortgage Investment Trust, Inc. (NYSE: MITT) has reported its financial results for the second quarter ending June 30, 2025. The company declared a dividend of $0.21 per common share, a 5% increase from the first quarter dividend of $0.20 per share. Earnings Available for Distribution $(EAD)$ amounted to $0.18 per diluted common share. The quarter saw a net loss of $0.05 per diluted common share available to common stockholders. The company's book value per share was reported at $10.39 as of June 30, 2025, with a quarterly economic return on equity of (0.5)%. AG Mortgage's investment portfolio totaled $7.3 billion, with a net interest margin of 0.6%, including a 0.05% benefit from interest rate swaps. The company's strategic initiatives included the acquisition of an additional 21.4% of Arc Home, enhancing its position as a vertically integrated platform in the residential mortgage sector. Looking forward, the company expects the recent transaction to be accretive to Earnings Available for Distribution (EAD) in 2026, with minimal impact on book value.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AG Mortgage Investment Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250801476031) on August 01, 2025, and is solely responsible for the information contained therein.
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