Dynex Capital Q3 2026 net loss of $1.34 per share; book value falls to $10.91
Dynex Capital reported a third-quarter 2026 net loss of $(1.34) per common share, compared with net income of $0.80 per share in the prior quarter. Book value per common share fell $1.99 to $10.91, which the company attributed mainly to wider Agency MBS spreads, and total economic return was $(1.48) per share, while $0.51 per share in dividends was declared.
Key points
- Net loss per common share of $(1.34), versus net income of $0.80 per share in the prior quarter
- Book value per common share of $10.91 as of September 30, 2026, down from $12.90 on June 30, 2026
- Dividends declared of $0.51 per common share; total economic return of $(1.48) per share, or (11.5)% of beginning book value
- Raised $384 million of capital, including $268 million of common equity through the ATM program and $116 million of 9.375% Series D preferred stock; leverage rose to 9.0 times shareholders' equity from 8.1 times
The filing
Written by AI on Nov 9, 2026, 8:51 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 October 19, 2026.
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.