Core earnings of $300.4 million, $0.30 earnings per common share
Strong capital position with capital ratio of 15.4% and leverage of 5.3:1
Book value of $13.23, up from $12.30 as of prior quarter
Core earnings for the quarter ended June 30, 2014 was $300.4 million or $0.30 per average common share as compared to $239.7 million or $0.23 per average common share for the quarter ended March 31, 2014, and $294.2 million or $0.29 per average common share for the quarter ended June 30, 2013.
For the quarter ended June 30, 2014, the annualized yield on average interest-earning assets was 3.20% and the annualized cost of funds on average interest-bearing liabilities, including the net interest payments on interest rate swaps, was 1.94%, which resulted in an average interest rate spread of 1.26%. This represented a 36 basis point increase from the 0.90% average interest rate spread for the quarter ended March 31, 2014, and a 25 basis point increase from the 1.01% average interest rate spread for the quarter ended June 30, 2013.
arca up and hes got tons of stock with his 100 shares, so hes ready to blow out that offer soon here.
about 13.5 percent, so not as good as 16% but gotta suspect .88 to .90 is possible.
and mbs is holding up so little erosion or little gain on the qtd so far for nly and the others most likely.
bigger discount and lots of cash to support the divi if needed, but .51 versus .51est and .42 divi so very well over the divi
might see some upgrades coming here since they gotta suspect .30 will keep the divi at .30
wish I had more long
im on the bid getting some
However with the lack of earnings excitement from AGNC, and the best quarter they had since 2009.
NLY should be the same... Lack of earnings excitement!
I'm hoping to see a raise in Book Value 5% to $12.90 .... and EPS .35 for the quarter.
Sentiment: Strong Buy
$0.33 would be mighty sweet...could most likely count on another quarter at $0.30 dividend in that case all other things being equal. $0.27 won't be the end of the world. I've been anticipating a $0.25 dividend in one of these tough quarters as the FED can't seem to give a good direction in their thinking as other Fed Members keep stepping up and at times contradicting Yellen.
We'll see - best of luck to us long holders.