ARMOUR swings to $49.4 million Q4 net loss; book value falls to $19.07 per share
ARMOUR Residential REIT reported unaudited fourth-quarter 2024 results, showing a GAAP net loss to common stockholders of $49.4 million, or $0.83 per share, compared with net income to common of $62.9 million in the prior quarter. Distributable Earnings available to common stockholders fell to $46.5 million, or $0.78 per share, from $52.0 million, or $1.00 per share, and book value per common share declined to $19.07 from $20.76 at September 30, 2024, which matters to shareholders because it reflects the value of their equity stake.
Key points
- Q4 2024 GAAP net loss to common stockholders was $49.4 million, or $0.83 per common share, versus net income to common of $62.9 million, or $1.21 per share, in Q3 2024.
- Distributable Earnings available to common stockholders were $46.5 million, or $0.78 per share, down from $52.0 million, or $1.00 per share, in Q3 2024.
- Book value per common share was $19.07 at December 31, 2024, compared with $20.76 at September 30, 2024; total economic return was (4.67)% for Q4 2024.
- Common dividends were $0.24 per share per month, or $0.72 per share for Q4 2024, and the company declared $0.24 per share payable February 27, 2025 and March 27, 2025.
The filing
Written by AI on Nov 8, 2026, 1:54 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 February 12, 2025.
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.