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Wednesday, May 1
More on Dynex Capital (DX) Q1 earnings: EPS of $0.34 compares to $0.34 in Q4 and $0.33 a year...
More on Dynex Capital (DX) Q1 earnings: EPS of $0.34 compares to $0.34 in Q4 and $0.33 a year ago. Gain on sale of investments of $1.39M, up from $351K a year ago (total income this quarter is $18.4M). Book value/share of $10.50, up from $10.30 on Dec. 31, $9.62 a year ago. Net interest spread of 1.89%, down 4 bps from Q4, down 52 bps from a year ago. Leverage of 6.3x, up from 5.9x in Q4, 5.3x a year ago. Portfolio of $4.53B - 85% agency MBS, up from 84% in Q4 (rest is non-agency MBS). Conference call tomorrow at 11 ET. Shares +0.9% AH. (PR)