- Q4 operating earnings of $0.53 vs. $0.51 in Q3. Dividend of $0.45.
- Book value per share of $19.12 vs. $19.27 at end of Q3, Today's close of $15.69 is a 17.9% discount to book - among the larger discounts in the sector.
- $3.8B portfolio consists of agency paper with fair value of $2.3B and nonagency of $1.5B.
- Leverage is taken up a bit to 4.4x from 3.9x, with the assets going into agency MBS.
- Conference call tomorrow at 10 ET
- Previously: Apollo Residential Mortgage beats by $0.02, beats on net interest income (Feb. 18)
- AMTG flat after hours