AGNC posts $(0.13) per-share comprehensive loss; tangible book value falls to $8.40
AGNC Investment Corp. reported a second-quarter 2024 comprehensive loss of $(0.13) per common share, including a $(0.11) net loss per share, compared with net income of $0.59 per share in the first quarter. Tangible net book value per share fell 5.0% to $8.40 as of June 30, 2024, and the economic return on tangible common equity was -0.9% after $0.36 in dividends, so shareholders' per-share book value declined during the quarter.
Key points
- Net loss of $(0.11) per common share in Q2 2024, versus net income of $0.59 per share in Q1 2024
- Tangible net book value per share of $8.40 at June 30, 2024, down from $8.84 at March 31, 2024
- Economic return of -0.9% for the quarter: $0.36 dividends offset by a $(0.44) decrease in tangible net book value per share
- Issued 45.8 million shares through at-the-market offerings for net proceeds of $434 million; unencumbered cash and Agency MBS totaled $5.3 billion
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.