AGNC INVESTMENT CORP. AGNCB Income Statement

Agnc investment corp. (AGNCB)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Issuance costs of redeemed preferred stock
-	6,000	0	0	-	-	-	-	-	0	6,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared per common share
0.48	0.48	0.48	0.50	0.54	0.54	0.54	0.54	0.54	0.54	0.54	0.54	0.54	-	-	-	-	0.60	0.60	0.62	0.66	0.66	0.65	0.65	0.65	-	-	-	-	1.25	1.25	1.25	1.25	1.40	1.40	1.40	1.40	1.40	1.40	1.40	1.40
Interest income:
Interest income
491,000	768,000	676,000	693,000	705,000	604,000	500,000	414,000	431,000	386,000	318,000	293,000	296,000	393,000	315,000	318,000	295,000	374,000	295,000	414,000	383,000	331,000	357,000	385,000	399,000	542,000	558,000	545,000	547,000	570,000	520,000	504,000	514,000	353,000	327,000	265,000	165,000	101,019	62,600	50,589	38,797
Interest expense
426,000	481,000	557,000	570,000	541,000	418,000	312,000	237,000	206,000	174,000	140,000	112,000	98,000	98,000	96,000	101,000	99,000	86,000	77,000	81,000	86,000	81,000	88,000	95,000	108,000	120,000	145,000	131,000	140,000	147,000	139,000	120,000	106,000	91,000	94,000	65,000	36,000	24,637	18,531	17,348	15,510
Net interest income
65,000	287,000	119,000	123,000	164,000	186,000	188,000	177,000	225,000	212,000	178,000	181,000	198,000	295,000	219,000	217,000	196,000	288,000	218,000	333,000	297,000	250,000	269,000	290,000	291,000	422,000	413,000	414,000	407,000	423,000	381,000	384,000	408,000	262,000	233,000	200,000	129,000	76,382	44,069	33,241	23,287
Other gain (loss), net:
Gain (Loss) on Sales of Mortgage Backed Securities (MBS)
494,000	107,000	89,000	132,000	60,000	-21,000	-40,000	-74,000	-2,000	-16,000	22,000	15,000	-84,000	-5,000	61,000	55,000	-2,000	2,000	-39,000	-22,000	36,000	34,000	14,000	22,000	-19,000	-667,000	-733,000	17,000	-26,000	353,000	210,000	417,000	216,000	112,000	263,000	94,000	4,000	10,451	24,565	29,585	27,408
Unrealized gain on investment securities measured at fair value through net income, net
197,000	-160,000	355,000	759,000	1,060,000	683,000	-363,000	-94,000	-523,000	-65,000	-31,000	9,000	16,000	-11,000	-6,000	0	11,000	-9,000	10,000	-7,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on derivative instruments and other securities, net
-3,154,000	662,000	-548,000	-1,438,000	-1,000,000	-1,633,000	430,000	298,000	738,000	271,000	131,000	-169,000	-40,000	753,000	248,000	-367,000	-944,000	340,000	-788,000	244,000	-560,000	-572,000	-51,000	-244,000	-378,000	184,000	-339,000	1,444,000	-98,000	89,000	-460,000	-1,029,000	47,000	-137,000	-222,000	-100,000	12,000	58,069	-3,733	-21,867	5,920
Management Fee Income
-	-	-	-	-	0	46,000	4,000	4,000	4,000	4,000	4,000	4,000	4,000	4,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other gain (loss), net:
-2,463,000	609,000	-104,000	-547,000	120,000	-971,000	73,000	134,000	217,000	194,000	126,000	-141,000	-104,000	741,000	307,000	-312,000	-935,000	333,000	-817,000	215,000	-513,000	-538,000	-37,000	-222,000	-397,000	-483,000	-1,072,000	1,461,000	-124,000	442,000	-250,000	-612,000	263,000	-25,000	41,000	-6,000	16,000	68,520	20,832	7,718	33,328
Expenses:
Management fee expense
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	25,000	27,000	28,000	29,000	29,000	30,000	30,000	30,000	30,000	29,000	31,000	35,000	37,000	33,000	31,000	32,000	28,000	22,000	18,000	16,000	12,000	8,000	4,483	2,697	2,314	1,784
Compensation and benefits
13,000	16,000	10,000	11,000	10,000	11,000	14,000	10,000	10,000	12,000	10,000	10,000	10,000	10,000	9,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expense
10,000	9,000	9,000	9,000	9,000	8,000	31,000	8,000	8,000	9,000	8,000	6,000	8,000	7,000	6,000	15,000	6,000	5,000	5,000	7,000	6,000	5,000	5,000	6,000	6,000	6,000	7,000	9,000	9,000	9,000	8,000	8,000	6,000	6,000	6,000	5,000	3,000	2,134	1,926	1,787	1,681
Total operating expense
23,000	25,000	19,000	20,000	19,000	19,000	45,000	18,000	18,000	21,000	18,000	16,000	18,000	17,000	15,000	40,000	33,000	33,000	34,000	36,000	36,000	35,000	35,000	36,000	35,000	37,000	42,000	46,000	42,000	40,000	40,000	36,000	28,000	24,000	22,000	17,000	11,000	6,617	4,623	4,101	3,465
Net income (loss)
-2,421,000	871,000	-4,000	-444,000	265,000	-804,000	216,000	293,000	424,000	385,000	286,000	24,000	76,000	1,019,000	511,000	-135,000	-772,000	588,000	-633,000	512,000	-252,000	-323,000	197,000	32,000	-141,000	-101,000	-701,000	1,829,000	231,000	810,000	86,000	-261,000	641,000	208,000	251,000	177,000	134,000	138,080	60,028	36,858	53,150
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-98,000	-701,000	1,829,000	241,000	825,000	91,000	-264,000	643,000	213,000	252,000	177,000	134,000	138,285	60,278	36,858	53,150
Excise and REIT Income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	0	0	10,000	15,000	5,000	-3,000	2,000	5,000	1,000	0	0	205	250	0	0
Dividend on preferred stock
21,000	18,000	13,000	13,000	10,000	9,000	9,000	9,000	9,000	9,000	9,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	7,000	5,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	0	-	-	-	-	-	-	-	-
Net income (loss) available (attributable) to common stockholders
-2,442,000	847,000	-17,000	-457,000	255,000	-813,000	207,000	284,000	415,000	376,000	271,000	17,000	69,000	1,012,000	504,000	-142,000	-779,000	581,000	-640,000	505,000	-259,000	-330,000	190,000	27,000	-144,000	-104,000	-704,000	1,826,000	228,000	807,000	83,000	-264,000	641,000	-	-	-	-	-	-	-	-
Other comprehensive income (loss):
Unrealized gain on investment securities measured at fair value through other comprehensive income, net
464,000	15,000	246,000	379,000	400,000	361,000	-193,000	-145,000	-621,000	-205,000	90,000	121,000	46,000	-1,408,000	-97,000	370,000	765,000	-583,000	467,000	-872,000	391,000	599,000	-253,000	790,000	521,000	-311,000	833,000	-2,813,000	-837,000	-734,000	1,190,000	689,000	-106,000	216,000	535,000	319,000	-41,000	-137,045	11,660	59,484	1,933
Unrealized gain on derivative instruments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	7,000	12,000	19,000	22,000	24,000	26,000	29,000	35,000	38,000	40,000	43,000	46,000	47,000	48,000	49,000	50,000	51,000	52,000	52,000	54,000	-513,000	-252,000	61,000	67,187	-38,620	-38,906	-13,476
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,407,000	-90,000	382,000	784,000	-561,000	491,000	-846,000	420,000	634,000	-215,000	830,000	564,000	-265,000	880,000	-2,765,000	-788,000	-684,000	1,241,000	741,000	-54,000	270,000	22,000	67,000	20,000	-69,858	-26,960	20,578	-11,543
Comprehensive income (loss)
-1,957,000	886,000	242,000	-65,000	665,000	-443,000	23,000	148,000	-197,000	180,000	376,000	145,000	122,000	-388,000	421,000	247,000	12,000	27,000	-142,000	-334,000	168,000	311,000	-18,000	862,000	423,000	-366,000	179,000	-936,000	-557,000	126,000	1,327,000	480,000	587,000	478,000	273,000	244,000	154,000	68,222	33,068	57,436	41,607
Comprehensive income (loss) available (attributable) to common stockholders
-1,978,000	862,000	229,000	-78,000	655,000	-452,000	14,000	139,000	-206,000	171,000	361,000	138,000	115,000	-395,000	414,000	240,000	5,000	20,000	-149,000	-341,000	161,000	304,000	-25,000	857,000	420,000	-369,000	176,000	-939,000	-560,000	123,000	1,324,000	477,000	587,000	-	-	-	-	-	-	-	-
Weighted average number of common shares outstanding - basic
548,000	541,400	546,400	537,800	536,700	505,900	462,300	404,900	391,300	391,300	364,700	346,400	331,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common shares outstanding - diluted
548,000	542,600	546,400	537,800	537,200	504,200	462,700	405,200	391,500	391,500	364,900	346,500	331,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common share - basic
-4.46	1.56	-0.03	-0.85	0.48	-1.61	0.45	0.70	1.06	0.96	0.74	0.05	0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) per common share - diluted
-4.46	1.56	-0.03	-0.85	0.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common shares outstanding-basic and diluted (shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	341,600	347,800	352,100	352,800	352,800	352,800	352,800	354,800	373,000	390,600	396,400	356,200	340,300	332,800	301,000	240,600	210,300	180,700	130,500	90,300	55,291	35,495	29,872	25,002
Comprehensive income per common share - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.99	0.45	-2.37	-1.57	0.36	3.98	1.58	2.44	2.27	1.51	1.87	1.71	1.23	0.93	1.92	1.66
Net income per common share - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	3.06	1.52	-0.43	-2.33	1.70	-1.84	1.43	-0.73	-0.94	0.54	0.08	-0.41	-0.28	-1.80	4.61	0.64	2.37	0.25	-0.88	2.66	0.99	1.39	1.36	1.48	2.50	1.69	1.23	2.13