Every material Form 8-K Armour Residential REIT filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
ARMOUR Residential REIT reported unaudited third-quarter 2025 GAAP net income available to common stockholders of $156.3 million, or $1.49 per share, compared with a loss in the second quarter. Distributable Earnings were $75.3 million, or $0.72 per common share, down from $0.77 in Q2, and book value per common share rose to $17.49 at September 30, 2025. Shareholders receive the results alongside a $0.24 monthly common dividend.
GAAP net income available to common stockholders was $156.3 million, or $1.49 per share, versus a loss of $78.6 million, or $0.94 per share, in Q2 2025.
Distributable Earnings were $75.3 million, or $0.72 per common share, versus $64.9 million, or $0.77 per share, in Q2 2025.
Book value per common share was $17.49 at September 30, 2025, up from $16.90 at June 30, 2025.
Common dividend of $0.24 per share will be paid October 30, 2025, and another $0.24 is payable November 28, 2025.
ARMOUR Residential REIT closed a public offering of 18,500,000 common shares on August 7, 2025, for gross proceeds of approximately $302.5 million before underwriting discounts and offering expenses. The company plans to use the net proceeds to acquire additional mortgage-backed securities and other mortgage-related assets. Underwriters also hold a 30-day option to buy up to 2,775,000 more shares, which would add shares outstanding and dilute existing holders if exercised.
Firm offering of 18,500,000 shares of common stock at $16.35 per share, sold to underwriters led by Goldman Sachs & Co. LLC under an agreement dated August 5, 2025.
Gross proceeds of approximately $302,475,000 for the firm shares; approximately $347,846,250 if the 2,775,000-share option is exercised in full.
Net proceeds are intended for mortgage-backed securities and other mortgage-related assets, per the filing.
Offering settled on August 7, 2025; BUCKLER Securities LLC, an affiliate of the company, participated as an underwriter.
ARMOUR Residential REIT amended its at-the-market equity sales agreement on July 25, 2025, increasing the number of common shares it may sell under the program by 9,500,000. The amended program covers up to 17,732,711 shares, including 8,232,711 shares that remained unsold under earlier amendments. The filing does not report any shares sold or proceeds raised, but the larger share pool gives the company room to issue more stock, which could dilute existing shareholders.
Amendment No. 6, dated July 25, 2025, raised the share count under the Equity Sales Agreement by 9,500,000 shares.
The amended agreement covers up to 17,732,711 shares, including 8,232,711 unsold shares carried over from prior amendments.
Eight sales agents are named, including B. Riley Securities, BTIG, Citizens JMP Securities, Janney Montgomery Scott and JonesTrading.
Shares will be sold under a prospectus supplement filed with the SEC on July 25, 2025, under shelf registration No. 333-278327.
ARMOUR Residential REIT reported an unaudited second-quarter 2025 GAAP net loss to common stockholders of $78.6 million, or $0.94 per share, compared with net income of $24.3 million in the first quarter. The company's table of drivers shows losses on interest rate swaps and futures contracts, and its book value per common share fell to $16.90 from $18.59. Distributable Earnings available to common stockholders were $64.9 million, or $0.77 per share, down from $0.86 per share in Q1, while the company continued its $0.24 monthly common dividend.
GAAP net loss to common stockholders of $78.6 million, or $0.94 per share, versus net income of $24.3 million, or $0.32 per share, in Q1 2025
Distributable Earnings available to common stockholders of $64.9 million, or $0.77 per share, versus $0.86 per share in Q1 2025
Book value per common share of $16.90 at June 30, 2025, compared with $18.59 at March 31, 2025; total economic return was (5.22)% for Q2
Common dividend of $0.24 per share payable July 30, 2025, with another $0.24 declared for payment August 29, 2025
ARMOUR Residential REIT reported unaudited first-quarter 2025 results, with GAAP net income available to common stockholders of $24.3 million, or $0.32 per share, compared with a loss of $49.4 million, or $0.83 per share, in Q4 2024. Book value per common share fell to $18.59 at March 31, 2025, from $19.07 at December 31, 2024, while Distributable Earnings rose to $0.86 per common share from $0.78.
GAAP net income available to common stockholders: $24.3 million, or $0.32 per share, for Q1 2025, versus a $49.4 million loss, or $0.83 per share, in Q4 2024
Distributable Earnings: $0.86 per common share for Q1 2025, versus $0.78 in Q4 2024 (non-GAAP)
Book value per common share: $18.59 at March 31, 2025, versus $19.07 at December 31, 2024
Common dividend of $0.24 per share payable April 29, 2025, with a further $0.24 declared payable May 29, 2025
ARMOUR Residential REIT amended its equity sales agreement to raise the number of common shares it may sell through agents by 15,000,000. The amended program covers up to 24,049,403 shares, including 9,049,403 shares left unsold under earlier amendments. The filing does not state how many shares have been sold or the proceeds, and it describes the change only as a sales program expansion, so existing shareholders may face potential dilution if these shares are issued.
Amendment No. 5 dated February 13, 2025 adds 15,000,000 shares to the at-the-market sales program
Total shares available under the amended agreement: 24,049,403, including 9,049,403 unsold shares carried over
Sales agents include BUCKLER Securities, B. Riley Securities, BTIG, Citizens JMP, Janney Montgomery Scott, JonesTrading, Ladenburg Thalmann and StockBlock Securities
Shares will be issued under a prospectus supplement filed February 13, 2025 on shelf registration Form S-3 (No. 333-278327)
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.
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.
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.
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