Armour Residential book value sinks 18.8% in Q2

|By:, SA News Editor

Armour Residential (ARR): Q2 core EPS of $0.18.

Book value of $5.43/share off 18.8% from Q1. Today's close of $4.33 is a 20.2% discount to book.

Net interest margin of 1.38% up 3 bps from Q1.

Portfolio size of $22.6B down from $24.3B in Q1.

Shares +2.3% AH. (PR)